Media stories about Embraer SA (NYSE:ERJ) have been trending somewhat negative on Thursday, AlphaOne Sentiment Analysis reports.
The research group, a service of Accern, identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time.
AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable.
Embraer SA earned a news impact score of -0.12 on AlphaOne’s scale. AlphaOne also assigned headlines about the aerospace company an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an effect on the company’s share price in the immediate future.
Embraer SA traded up 0.0804% on Thursday, hitting $20.0361. The stock had a trading volume of 159,766 shares. The company’s 50 day moving average price is $22.54 and its 200 day moving average price is $21.13. The firm has a market cap of $14.72 billion, a price-to-earnings ratio of 79.1941 and a beta of 0.56. Embraer SA has a 52-week low of $17.06 and a 52-week high of $25.01.
Embraer SA (NYSE:ERJ) last issued its earnings results on Thursday, March 9th. The aerospace company reported $1.14 EPS for the quarter, topping the Zacks’ consensus estimate of $0.79 by $0.35. The business had revenue of $2.03 billion for the quarter, compared to analyst estimates of $1.91 billion. Embraer SA had a net margin of 1.31% and a return on equity of 3.93%. The company’s quarterly revenue was down 2.2% compared to the same quarter last year. During the same period last year, the company posted $1.49 earnings per share. Analysts expect that Embraer SA will post $1.84 EPS for the current year.
The business also recently announced an annual dividend, which will be paid on Wednesday, May 17th. Stockholders of record on Thursday, April 27th will be given a dividend of $0.132 per share. The ex-dividend date of this dividend is Tuesday, April 25th. This is a positive change from Embraer SA’s previous annual dividend of $0.04. This represents a dividend yield of 0.65%.
Several brokerages have issued reports on ERJ. Cowen and Company reaffirmed a “buy” rating and set a $27.00 price target on shares of Embraer SA in a research note on Thursday, April 13th. Zacks Investment Research lowered Embraer SA from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 3rd. Finally, TheStreet lowered Embraer SA from a “b-” rating to a “c+” rating in a research note on Wednesday, April 5th. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $24.33.
Embraer SA Company Profile
Embraer SA is a Brazil-based company that produces aircraft for commercial and executive aviation, and for defense and security purposes and related services. The Company’s segments include Commercial aviation business, Defense and security business, Executive Jet business and Other. Its Commercial Aviation business segment mainly involves the development, production and sale of commercial jets, and rendering of support services.