With 3.3 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.3 million shares. The 52-week range on ERJ shows that it touched its highest point at $52.00 and its lowest point at $20.74 during that stretch. It currently has a 1-year price target of $47.50. Beta for the stock currently stands at 1.36.
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 23.29%, but this was up by 29.89% over a month. Three-month performance surged to 38.32% while six-month performance rose 59.13%. The stock gained 153.62% in the past year, while it has gained 44.17% so far this year. A look at the trailing 12-month EPS for ERJ yields 1.92 with Next year EPS estimates of 2.70. For the next quarter, that number is -0.00. This implies an EPS growth rate of 9.99% for this year and 27.76% 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 $2.14443 being high and $2.07295 being low. For ERJ, this leads to a yearly average estimate of $2.10358. Based on analyst estimates, the high estimate for the next quarter is $0.54 and the low estimate is $0.54. The average estimate for the next quarter is thus $0.54.
