Embraer S.A. ADR (ERJ) stock forecast: Can it reach its 52-week high of $37.30

A share price of Embraer S.A. ADR [ERJ] is currently trading at $33.59, up 1.24%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ERJ shares have gain 0.87% over the last week, with a monthly amount drifted -3.48%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Embraer S.A. ADR [NYSE: ERJ] stock has seen the most recent analyst activity on September 04, 2024, when TD Cowen upgraded its rating to a Buy and also boosted its price target to $41 from $26. Previously, UBS downgraded its rating to Neutral on March 26, 2024, and elevated its price target to $28.50. On February 06, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $19 on the stock. Citigroup upgraded its rating to a Buy but stick to its price target of $16 on October 16, 2023. UBS initiated its recommendation with a Buy and recommended $14 as its price target on January 09, 2023. Wolfe Research started tracking with a Outperform rating for this stock on October 11, 2022, and assigned it a price target of $14. In a note dated January 20, 2022, Morgan Stanley upgraded an Overweight rating on this stock and boosted its target price from $20 to $23.

Embraer S.A. ADR experienced fluctuations in its stock price throughout the past year between $13.30 and $37.30. Currently, Wall Street analysts expect the stock to reach $28.5 within the next 12 months. Embraer S.A. ADR [NYSE: ERJ] shares were valued at $33.59 at the most recent close of the market. An investor can expect a potential drop of -15.15% based on the average ERJ price forecast.

Analyzing the ERJ fundamentals

Trailing Twelve Months sales for Embraer S.A. ADR [NYSE:ERJ] were 5.66B which represents 17.17% growth. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.14 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.93.

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 33.03 points at the first support level, and at 32.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.93, and for the 2nd resistance point, it is at 34.28.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Embraer S.A. ADR [NYSE:ERJ] is 1.50. In addition, the Quick Ratio stands at 0.66 and the Cash Ratio stands at 0.19. Considering the valuation of this stock, the price to sales ratio is 1.09, the price to book ratio is 2.15 and price to earnings (TTM) ratio is 16.17.

Related Posts