Embraer (ERJ) Projected to Post Earnings on Thursday

Embraer (NYSE:ERJ) will likely be posting its quarterly earnings results before the market opens on Thursday, February 27th. Analysts expect Embraer to post earnings of $0.47 per share and revenue of $2.21 billion for the quarter.

Embraer Stock Performance

NYSE ERJ opened at $41.26 on Monday. The company has a market cap of $7.58 billion, a P/E ratio of 15.17 and a beta of 1.71. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.56 and a quick ratio of 0.76. The stock has a 50-day moving average of $39.44 and a two-hundred day moving average of $36.67. Embraer has a 1-year low of $18.15 and a 1-year high of $46.10.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. TD Cowen raised Embraer to a “strong-buy” rating in a research report on Thursday, December 19th. StockNews.com downgraded Embraer from a “buy” rating to a “hold” rating in a research report on Saturday. UBS Group downgraded Embraer from a “neutral” rating to a “sell” rating and boosted their price objective for the stock from $29.00 to $32.00 in a research report on Tuesday, November 19th. Finally, Bank of America boosted their price objective on Embraer from $40.00 to $55.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $40.50.

Embraer Company Profile

Embraer SA designs, develops, manufactures, and sells aircraft and systems in North America, Latin America, the Asia Pacific, Brazil, Europe, and internationally. The company operates through Commercial Aviation; Defense & Security; Executive Aviation; Services & Support; and Other segments. The Commercial Aviation segment designs, develops, manufactures, and sells commercial jets, as well as leases aircraft.