During the recent session, Embraer S.A. (NYSE:ERJ)’s traded shares were 4,839,476, with the beta value of the company hitting 0.97. At the last check, the stock’s price was $11.48, reflecting an intraday gain of 9.23% or $0.97. The 52-week high for the ERJ share is $11.56, that puts it down -0.7% from that peak though still a striking +65.51% gain since the share price plummeted to a 52-week low of $3.96. The company’s market capitalization is $2.08 Billion, and the average intraday trading volume over the past 10 days was 3.27 Million shares, and the average trade volume was 4.8 Million shares over the past three months.
Embraer S.A. (ERJ) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 3.1. ERJ has a Sell rating from 2 analyst(s) out of 9 analysts who have looked at this stock. 5 analyst(s) recommend to Hold the stock while none of them suggest Overweight, and 2 recommend a Buy rating for it. None of the analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.33.
Embraer S.A. (NYSE:ERJ): Trading Information
The consensus price target of analysts on Wall Street is $9.18, which implies a decline of -20.03% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $5 and $13.5 respectively. As a result, ERJ is trading at a discount of 17.6% off the target high and -56.45% off the low.
Embraer S.A. (ERJ) projections and forecasts
Statistics show that Embraer S.A. has underperformed its competitors in share price, compared to the industry in which it operates. Embraer S.A. (ERJ) shares have gone up +130.48% during the last six months, with a year-to-date growth rate less than the industry average at -72.22% against 24.4%. Yet analysts are ramping up their growth forecast for the fiscal year 2021. Revenue is predicted to grow 41.1% this quarter and then jump 77.8% in the quarter after that. In the rating firms’ projections, revenue will increase 15.4% compared to the previous financial year.
Revenue for the current quarter is expected to be $759.11 Million as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to $889.73 Million by the end of June 2021. As per earnings report from last fiscal year’s results, sales for the corresponding quarter totaled $633.8 Million. In this case, analysts expect current quarter sales to grow by 19.8%.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings fell an estimated -35.7%. While earnings are projected to return 13.3% in 2021, the next five years will return 4.08% per annum.
Embraer S.A. (NYSE:ERJ)’s Biggest Investors
Embraer S.A. insiders own 0% of total outstanding shares while institutional holders control 35.24%, with the float percentage being 35.24%. Brandes Investment Partners L.P. is the largest shareholder of the company, while 153 institutions own stock in it. As of Dec 30, 2020, the company held over 24.64 Million shares (or 13.31% of all shares), a total value of $167.81 Million in shares.
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The next largest institutional holding, with 5.28 Million shares, is of Oldfield Partners LLP’s that is approximately 2.85% of outstanding shares. At the market price on Dec 30, 2020, these shares were valued at $35.97 Million.
Also, the Mutual Funds coming in first place with the largest holdings of Embraer S.A. (ERJ) shares are Brandes Emerging Markets Value Fund and Vanguard/Windsor II. Data provided on Dec 30, 2020 indicates that Brandes Emerging Markets Value Fund owns about 3,339,780 shares. This amounts to just over 1.8 percent of the company’s overall shares, with a $22.74 Million market value. The same data shows that the other fund manager holds slightly less at 1.66 Million, or about 0.9% of the stock, which is worth about $6.85 Million.