Why Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $25.23 on Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $0.98 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) stands at 477.11.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Embraer S.A. Common Stock, the PEG ratio for coming 3-5 years is 1.62.

Technical Analysis

The technical analysis highlights that Embraer S.A. Common Stock current is trading $-2.04 points away or -10.10% from its 50-day moving average of $20.17. Further it is trading $-5.23 or -22.39% away its 200-day moving average of $23.36.

The 52-week high of Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) was $32.50 while lowest point recorded in 52-week was $17.24. It implies if stock price makes a movement of over $-14.37, it will record a new 52-week high. In the case of +5.16% drop, it will touch a new 52-week low.

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