How did Embraer S.A. ADR (ERJ) surprise investors with its report?

Embraer S.A. ADR [ERJ] stock is trading at $25.59, down -1.16%. 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 lost -0.23% over the last week, with a monthly amount glided 20.48%, and seem to be holding up well over a long-time horizon.

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On 18, March 2024, EMBRAER EARNINGS RESULTS 4th QUARTER 2023 and FISCAL YEAR 2023. In a post published today on Yahoo Finance, EMBRAER S.A. (NYSE: ERJ; B3: EMBR3) releases its FOURTH Quarter 2023 AND FISCAL YEAR 2023 Earnings Results.

From an analyst’s perspective:

Embraer S.A. ADR [NYSE: ERJ] stock has seen the most recent analyst activity on March 26, 2024, when UBS downgraded its rating to a Neutral and also boosted its price target to $28.50 from $21. Previously, HSBC Securities downgraded its rating to Hold on February 06, 2024, and elevated its price target to $19. On October 16, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $16 on the stock. UBS started tracking the stock assigning a Buy rating and suggested a price target of $14 on January 09, 2023. Wolfe Research initiated its recommendation with a Outperform and recommended $14 as its price target on October 11, 2022. Morgan Stanley upgraded its rating to Overweight for this stock on January 20, 2022, and upped its price target to $23. In a note dated November 11, 2021, UBS upgraded an Buy rating on this stock and boosted its target price from $16 to $24.

Embraer S.A. ADR [ERJ] stock has fluctuated between $12.48 and $27.25 over the past year. Currently, Wall Street analysts expect the stock to reach $27 within the next 12 months. Embraer S.A. ADR [NYSE: ERJ] shares were valued at $25.59 at the most recent close of the market. An investor can expect a potential return of 5.51% based on the average ERJ price forecast.

Analyzing the ERJ fundamentals

Embraer S.A. ADR [NYSE:ERJ] reported sales of 5.25B for the trailing twelve months, which represents a drop of -1.33%. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.06 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.04.

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 25.24 points at the first support level, and at 24.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.86, and for the 2nd resistance point, it is at 26.13.

Embraer S.A. ADR [ERJ] reported earnings per share of $0.42 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.61/share, meaning a difference of -$0.19 and a surprise factor of -31.10%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.18 per share as compared to estimates of $0.15 per share, a difference of $0.03 representing a surprise of 20.00%.

Ratios To Look Out For

For context, Embraer S.A. ADR’s Current Ratio is 1.65. Further, the Quick Ratio stands at 0.93, while the Cash Ratio is 0.44. Considering the valuation of this stock, the price to sales ratio is 0.89, the price to book ratio is 1.69 and price to earnings (TTM) ratio is 28.94.

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