Embraer (NYSE:ERJ – Get Free Report) posted its quarterly earnings results on Thursday. The aerospace company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.47, Zacks reports. The firm had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.21 billion. Embraer had a net margin of 8.24% and a return on equity of 11.61%. Embraer updated its FY 2025 guidance to EPS.
Embraer Stock Up 0.2 %
Shares of ERJ stock traded up $0.10 during trading hours on Friday, reaching $47.60. The company had a trading volume of 3,040,923 shares, compared to its average volume of 1,439,626. The company has a market cap of $8.74 billion, a price-to-earnings ratio of 17.50 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. Embraer has a 12 month low of $19.08 and a 12 month high of $48.40. The business has a fifty day simple moving average of $40.25 and a 200-day simple moving average of $37.05.
Wall Street Analysts Forecast Growth
ERJ has been the subject of a number of research analyst reports. Bank of America boosted their target price on Embraer from $40.00 to $55.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. TD Cowen upgraded Embraer to a “strong-buy” rating in a report on Thursday, December 19th. UBS Group lowered Embraer from a “neutral” rating to a “sell” rating and upped their target price for the stock from $29.00 to $32.00 in a research report on Tuesday, November 19th. Finally, StockNews.com downgraded shares of Embraer from a “buy” rating to a “hold” rating in a research report on Saturday, February 22nd. One analyst has rated the stock with a sell rating, one has issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Embraer presently has an average rating of “Moderate Buy” and a consensus target price of $40.50.
About Embraer
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.
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