Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) Given Price Target Of $24.833


As per Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ)’s news release on 2016-01-14, its shareholders will get cash dividend of $0.034 per share. The recent press release updated on the record date and payout date, which stands at 2015-12-24 and 2016-01-21, respectively.

The stock will commence trading ex-dividend from 2015-12-22, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) disbursed $0.034 in dividend compared to distribution of $0.034, a year ago.

It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of -57.2777%.

Analyst Perspective

The sell-side market professionals who track the firm’s financial and technical parameters have estimated Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) to attain a price target of $24.833. It is an average estimate figure given by 6 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $29. The low price range is set at $18 for next year while the arithmetic mean is seen at 2.75.

Eyeing Earnings Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) is likely to post quarterly numbers around 2016-10-25 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $0.32 for the period ending on 2016-09-30.

In last quarter ended 2015-12-31, Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) earnings came at $0.24 suggesting a deviation of $-0.16. The brokerages targeted EPS of $0.4 for the quarter.

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