Here is how Embraer S.A. ADR (ERJ) stock might take investors finances to the next level

Embraer S.A. ADR [ERJ] stock is trading at $21.73, up 4.22%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ERJ shares have gain 18.68% over the last week, with a monthly amount glided 18.42%, and seem to be holding up well over a long-time horizon.

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On 30, January 2024, Embraer deliveries increased 13% in 2023 and backlog reached US$18.7 billion, a US$1.2 billion growth. In a post published today on Yahoo Finance, Executive Aviation posted the largest delivery volume in 7 years.

From an analyst’s perspective:

Embraer S.A. ADR [NYSE: ERJ] stock has seen the most recent analyst activity on February 06, 2024, when HSBC Securities downgraded its rating to a Hold and also boosted its price target to $19 from $18. Previously, Citigroup upgraded its rating to Buy on October 16, 2023, and kept the price target unchanged to $16. On January 09, 2023, UBS initiated with a Buy rating and assigned a price target of $14 on the stock. Wolfe Research started tracking the stock assigning a Outperform rating and suggested a price target of $14 on October 11, 2022. Morgan Stanley upgraded its rating to a Overweight and raised its price target to $23 on January 20, 2022. UBS upgraded its rating to Buy for this stock on November 11, 2021, and upped its price target to $24. In a note dated September 23, 2021, Goldman upgraded an Buy rating on this stock but restated the target price of $23.

Embraer S.A. ADR [ERJ] stock has fluctuated between $12.48 and $20.87 over the past year. Currently, Wall Street analysts expect the stock to reach $17.83 within the next 12 months. Embraer S.A. ADR [NYSE: ERJ] shares were valued at $21.73 at the most recent close of the market. An investor can expect a potential drop of -17.95% based on the average ERJ price forecast.

Analyzing the ERJ fundamentals

Embraer S.A. ADR [NYSE:ERJ] reported sales of 5.28B for the trailing twelve months, which represents a growth of 38.84%. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is -0.0%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.0 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.13.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 21.11 points at the first support level, and at 20.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.10, and for the 2nd resistance point, it is at 22.48.

Embraer S.A. ADR [ERJ] reported earnings per share of $0.18 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.15/share, meaning a difference of $0.03 and a surprise factor of 20.00%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were $0.31 per share as compared to estimates of $0.14 per share, a difference of $0.17 representing a surprise of 121.40%.

Ratios To Look Out For

For context, Embraer S.A. ADR’s Current Ratio is 1.65. Further, the Quick Ratio stands at 0.80, while the Cash Ratio is 0.29. Considering the valuation of this stock, the price to sales ratio is 0.76, the price to book ratio is 1.57.

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