Embraer S.A. (NYSE:ERJ) traded at $11.67 at last check on Tuesday, May 04, made a downturn move of -0.17% on its previous day’s price.
Looking at the stock we see that its previous close was $11.69 and the beta (5Y monthly) reads 1 with the day’s price range being $11.45 – 11.84. The company has a trailing 12-month PE ratio of 0. In terms of its 52-week price range, ERJ has a high of $11.9 and a low of $3.96. The company’s stock has gained about 19.29% over that past 30 days.
Embraer S.A. has a market cap of $2.22 Billion and is expected to release its quarterly earnings report in June. With its Forward Dividend at 0 and a yield of 0%, the company’s investors could be worried for the ERJ stock to lose ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of -$0.37, with the EPS growth for the year raised at -$0.75 for 2021 and $0.28 for next year. These figures represent -0.7% and -1.37% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $792.12 Million, with a low of $710Million and a high of $845Million. The median projection represents growth adding up to 25% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2021 is expected to hit $4.42 Billion, or +17.2% up from figures reported last year.
On the other hand, looking at the outlook for the ERJ stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Based on estimates by 10 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 5 have rated the Embraer S.A. (ERJ) stock as a Hold, while 2 rate it as a Buy. None analyst(s) rate it as outperform while none of them rated it as underperform, whereas 3 suggest the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the ERJ stock currently stands at 0, and the most recent price level today is 3.99% off its SMA20 and 14.56% from its 50-day simple moving average. The RSI (14) is pointing at 60.72 while the volatility over the past week is 4.36% and drops to 3.85% over the past one month. The beta value is 1, while the average true range (ATR) is currently pointing at 0.49. The average price target for the stock over the next 12 months is $9.41, with the estimates having a low of $5 and a high of $14. These price ends are -57.16% and +19.97% off the today’s price level respectively, although investors could be excited at the prospect of a -18.59% if the ERJ share price touches on the median price of $9.5.
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Let’s briefly compare Embraer S.A. (ERJ) stock to its peers. We find that today’s price change of -0.17% and +101.2% over the past 12 months for ERJ betters that of Boeing Company (BA), which has seen its stock price fall -3.34% in the latest trading session and is +76.34% over the last one year. Another of its peers Lockheed Martin Corp (LMT) has climbed 0.22% today, and was +0.48% up over the past year, while Northrop Grumman Corp (NOC) is also down -0.17% yet, while its price remains in the green at 101.2% over the same period. Embraer S.A. has a P/E ratio of 0 compared to Boeing Company’s 0 and Lockheed Martin Corp’s 15.43. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at -1.21% and -0.62%, respectively, in early deals.
Coming back to Embraer S.A. (NYSE:ERJ), we note that the average 3-month trading volume was 4.8 Million, while that of the preceding 10-day period stands at 3.27 Million. Current shares outstanding are 183.64 Million.
According to data from Thomson Reuters, insiders hold 0% of the company’s shares while institutions hold 35.81%. The data shows that short shares as of April 14, 2021, stood at 9.07 Million at a short ratio of 2.13. This represents a 4.94% short interest in shares outstanding on April 14, 2021. Shares short dropped in April from the previous month at 11.46 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock +71.66% up in year-to-date price movement.