Embraer (ERJ) Projected to Post Earnings on Thursday

Embraer (NYSE:ERJ) is expected to be releasing its earnings data 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 Price Performance

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

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ERJ. Bank of America boosted their price objective on Embraer from $40.00 to $55.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. UBS Group cut Embraer from a “neutral” rating to a “sell” rating and upped their price target for the stock from $29.00 to $32.00 in a research note on Tuesday, November 19th. TD Cowen upgraded Embraer to a “strong-buy” rating in a research note on Thursday, December 19th. Finally, StockNews.com cut Embraer from a “buy” rating to a “hold” rating in a research note on Saturday. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target 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.