Embraer S.A. ADR [NYSE: ERJ] gained 14.83% or 5.91 points to close at $45.76 with a heavy trading volume of 3507987 shares.
The daily chart for ERJ points out that the company has recorded 68.86% gains over the past six months.
If we look at the average trading volume of 1.07M shares, ERJ reached to a volume of 3507987 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Embraer S.A. ADR [ERJ]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ERJ shares is $46.71 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ERJ stock is a recommendation set at 1.43. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
UBS have made an estimate for Embraer S.A. ADR shares, keeping their opinion on the stock as Sell, with their previous recommendation back on November 19, 2024. While these analysts kept the previous recommendation, TD Cowen raised their target price from $26 to $41. The new note on the price target was released on September 04, 2024, representing the official price target for Embraer S.A. ADR stock. Previously, the target price had yet another raise from $21 to $28.50, while UBS kept a Neutral rating on ERJ stock. On February 06, 2024, analysts increased their price target for ERJ shares from 18 to 19.
The Average True Range (ATR) for Embraer S.A. ADR is set at 1.41, with the Price to Sales ratio for ERJ stock in the period of the last 12 months amounting to 1.39. The Price to Book ratio for the last quarter was 2.68, with the Price to Cash per share for the same quarter was set at 8.03. Price to Free Cash Flow for ERJ in the course of the last twelve months was 21.50 with Quick ratio for the last quarter at 0.76.
Trading performance analysis for ERJ stock
Embraer S.A. ADR [ERJ] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 13.46. With this latest performance, ERJ shares gained by 23.31% in over the last four-week period, additionally plugging by 68.86% over the last 6 months – not to mention a rise of 154.36% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ERJ stock in for the last two-week period is set at 75.17, with the RSI for the last a single of trading hit 79.47, and the three-weeks RSI is set at 71.27 for Embraer S.A. ADR [ERJ]. The present Moving Average for the last 50 days of trading for this stock 38.38, while it was recorded at 41.65 for the last single week of trading, and 32.99 for the last 200 days.
Embraer S.A. ADR [ERJ]: A deeper dive into fundamental analysis
Embraer S.A. ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.76 and a Current Ratio set at 1.56.
An analysis of Institutional ownership at Embraer S.A. ADR [ERJ]
The top three institutional holders of ERJ stocks are: BRANDES INVESTMENT PARTNERS, LP with ownership of 12.27 million shares, which is approximately 6.6858%. MORGAN STANLEY, holding 7.15 million shares of the stock with an approximate value of $$184.39 million in ERJ stocks shares; and MORGAN STANLEY, currently with $$64.75 million in ERJ stock with ownership which is approximately 1.3676%.
