Embraer S.A. (NYSE:ERJ) has a beta value of 1 and has seen 3,107,751 shares traded in the last trading session. The company, currently valued at $2.19 Billion, closed the last trade at $11.69 per share which meant it gained $0.64 on the day or 5.79% during that session. The ERJ stock price is -0.34% off its 52-week high price of $11.73 and 66.12% above the 52-week low of $3.96. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.27 Million shares traded. The 3-month trading volume is 4.8 Million shares.
The consensus among analysts is that Embraer S.A. (ERJ) is a Hold stock at the moment, with a recommendation rating of 3.1. 3 analysts rate the stock as a Sell, while none rate it as Overweight. 5 out of 10 have rated it as a Hold, with 2 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.37.
Embraer S.A. (NYSE:ERJ) trade information
Sporting 5.79% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Apr 27 when the ERJ stock price touched $11.90- or saw a rise of 1.76%. Year-to-date, Embraer S.A. shares have moved 71.66%, while the 5-day performance has seen it change -0.09%. Over the past 30 days, the shares of Embraer S.A. (NYSE:ERJ) have changed 19.29%. Short interest in the company has seen 9.07 Million shares shorted with days to cover at 1.89.
Wall Street analysts have a consensus price target for the stock at $9.34, which means that the shares’ value could jump -20.1% from current levels. The projected low price target is $5 while the price target rests at a high of $14. In that case, then, we find that the current price level is +19.76% off the targeted high while a plunge would see the stock lose -57.23% from current levels.
Embraer S.A. (ERJ) estimates and forecasts
Figures show that Embraer S.A. shares have outperformed across the wider relevant industry. The company’s shares have gained +179% over the past 6 months, with this year growth rate of 74.6%, compared to 25% for the industry. Other than that, the company has, however Increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 33.9% and 75% for the next quarter. Revenue growth from the last financial year stood is estimated to be +16.8%.
6 analysts offering their estimates for the company have set an average revenue estimate of $782.33 Million for the current quarter. 3 have an estimated revenue figure of $848.73 Million for the next quarter concluding in June 01, 2021. Year-ago sales stood $633.8 Million for this quarter, and analysts expect sales will grow by 23.4% for the current quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -12.62% over the past 5 years. Earnings growth for 2021 is a modest -174.5% while over the next 5 years, the company’s earnings are expected to increase by 4.08%.
Embraer S.A. (NYSE:ERJ)’s Major holders
Insiders own 0% of the company shares, while shares held by institutions stand at 35.81% with a share float percentage of 35.81%. Investors are also buoyed by the number of investors in a company, with Embraer S.A. having a total of 154 institutions that hold shares in the company. The top two institutional holders are Brandes Investment Partners L.P. with over 24.64 Million shares worth more than $167.81 Million. As of December 30, 2020, Brandes Investment Partners L.P. held 13.31% of shares outstanding.
The other major institutional holder is Oldfield Partners LLP, with the holding of over 5.28 Million shares as of December 30, 2020. The firm’s total holdings are worth over $35.97 Million and represent 2.85% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Brandes Emerging Markets Value Fund and Vanguard/Windsor II. As of December 30, 2020, the former fund manager holds about 1.8% shares in the company for having 3339780 shares of worth $22.74 Million while later fund manager owns 1.66 Million shares of worth $10.67 Million as of January 30, 2021, which makes it owner of about 0.9% of company’s outstanding stock.