Embraer S.A. ADR (NYSE: ERJ) has a price-to-earnings ratio of 27.46x that is above its average ratio. Additionally, the 36-month beta value for ERJ is 1.68. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 2 rating it as “overweight,” 7 rating it as “hold,” and 4 rating it as “sell.”
The public float for ERJ is 183.56M and currently, short sellers hold a 1.75% ratio of that float. The average trading volume of ERJ on April 24, 2024 was 1.71M shares.
ERJ) stock’s latest price update
The stock price of Embraer S.A. ADR (NYSE: ERJ) has jumped by 0.33 compared to previous close of 24.20. Despite this, the company has seen a fall of -0.04% in its stock price over the last five trading days. InvestorPlace reported 2024-04-23 that Electric cars have taken over the cultural zeitgeist the past several years, thanks to famous manufacturers like Tesla (NASDAQ: TSLA ). However, now might be time for investors to look for the next big thing.
ERJ’s Market Performance
Embraer S.A. ADR (ERJ) has seen a -0.04% fall in stock performance for the week, with a -9.17% decline in the past month and a 33.92% surge in the past quarter. The volatility ratio for the week is 2.73%, and the volatility levels for the past 30 days are at 2.90% for ERJ.. The simple moving average for the past 20 days is -4.64% for ERJ’s stock, with a 38.10% simple moving average for the past 200 days.
Analysts’ Opinion of ERJ
Many brokerage firms have already submitted their reports for ERJ stocks, with UBS repeating the rating for ERJ by listing it as a “Neutral.” The predicted price for ERJ in the upcoming period, according to UBS is $28.50 based on the research report published on March 26, 2024 of the current year 2024.
HSBC Securities, on the other hand, stated in their research note that they expect to see ERJ reach a price target of $19, previously predicting the price at $18. The rating they have provided for ERJ stocks is “Hold” according to the report published on February 06th, 2024.
Citigroup gave a rating of “Buy” to ERJ, setting the target price at $16 in the report published on October 16th of the previous year.
ERJ Trading at 7.28% from the 50-Day Moving Average
After a stumble in the market that brought ERJ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.88% of loss for the given period.
Volatility was left at 2.90%, however, over the last 30 days, the volatility rate increased by 2.73%, as shares sank -10.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +34.07% upper at present.
During the last 5 trading sessions, ERJ fell by -0.04%, which changed the moving average for the period of 200-days by +61.87% in comparison to the 20-day moving average, which settled at $25.32. In addition, Embraer S.A. ADR saw 31.60% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for ERJ
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.17 for the gross margin
The net margin for Embraer S.A. ADR stands at 0.03. The total capital return value is set at 0.03. Equity return is now at value 6.11, with 1.56 for asset returns.
Based on Embraer S.A. ADR (ERJ), the company’s capital structure generated 0.51 points at debt to capital in total, while cash flow to debt ratio is standing at 0.2. The debt to equity ratio resting at 1.04. The interest coverage ratio of the stock is 0.85.
Currently, EBITDA for the company is 448.32 million with net debt to EBITDA at 2.99. When we switch over and look at the enterprise to sales, we see a ratio of 1.11. The receivables turnover for the company is 5.21for trailing twelve months and the total asset turnover is 0.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.65.
Conclusion
In conclusion, Embraer S.A. ADR (ERJ) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
