With 6.61 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.09 million shares. The 52-week range on ERJ shows that it touched its highest point at $46.10 and its lowest point at $18.40 during that stretch. It currently has a 1-year price target of $46.46. Beta for the stock currently stands at 1.72.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ERJ was up-trending over the past week, with a rise of 10.26%, but this was up by 17.31% over a month. Three-month performance surged to 21.79% while six-month performance rose 40.99%. The stock gained 159.42% in the past year, while it has gained 29.50% so far this year. A look at the trailing 12-month EPS for ERJ yields 2.71 with Next year EPS estimates of 2.10. For the next quarter, that number is 0.49. This implies an EPS growth rate of 133.24% for this year and 0.85% for next year.
Float and Shares Shorts:
At present, 183.66 million ERJ shares are outstanding with a float of 183.65 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ERJ since 5 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.14402 being high and $2.07255 being low. For ERJ, this leads to a yearly average estimate of $2.10318. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
