ERJ - Embraer S.A.

NYSE - NYSE Delayed Price. Currency in USD
-0.21 (-1.01%)
At close: 4:02PM EDT

20.79 +0.19 (0.93%)
After hours: 4:26PM EDT

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Previous Close20.81
Bid19.00 x 1000
Ask23.00 x 2200
Day's Range20.51 - 21.10
52 Week Range17.99 - 28.32
Avg. Volume896,283
Market Cap3.831B
Beta (3Y Monthly)-1.02
PE Ratio (TTM)N/A
EPS (TTM)-0.73
Earnings DateN/A
Forward Dividend & Yield0.04 (0.20%)
Ex-Dividend Date2018-12-28
1y Target Est24.79
Trade prices are not sourced from all markets
  • Embraer Stock Can Keep Rising Despite Q4 Loss
    Motley Fool14 hours ago

    Embraer Stock Can Keep Rising Despite Q4 Loss

    Investors are currently placing virtually zero value on Embraer's executive jet and defense businesses.

  • Reutersyesterday

    Embraer CEO to step down ahead of deal with Boeing

    The chief executive of Brazilian planemaker Embraer SA will step down next month, the company said on Monday, as it prepares to cede control of its commercial aviation division to Boeing Co for $4.2 billion (3.2 billion pounds). Embraer CEO Paulo Cesar Silva will step down on April 22 and a new CEO will be announced by then, the company said. Silva assumed the top position at Embraer in June 2016 as the company dealt with the fallout from a bribery investigation in the United States.

  • Reutersyesterday

    Embraer's CEO to step down following shareholder approval of Boeing deal

    Paulo Souza e Silva, chief executive of Brazilian planemaker Embraer SA, will step down on April 22, the company said on Monday, following shareholder approval of a $4.2 billion deal with Boeing under which it will cede control of its commercial aviation division to the U.S. planemaker. Souza e Silva has been invited to become a consultant until the deal with Boeing officially closes, the company said.

  • Thomson Reuters StreetEvents2 days ago

    Edited Transcript of EMBR3.SA earnings conference call or presentation 14-Mar-19 1:30pm GMT

    Q4 2018 Embraer SA Earnings Call

  • 3 International Companies Making Waves in the U.S.
    Motley Fool4 days ago

    3 International Companies Making Waves in the U.S.

    What do this marijuana leader, defense-industry player, and fast-growing video game company have in common?

  • Embraer S.A. (ERJ) Q4 2018 Earnings Conference Call Transcript
    Motley Fool5 days ago

    Embraer S.A. (ERJ) Q4 2018 Earnings Conference Call Transcript

    ERJ earnings call for the period ending December 31, 2018.

  • Reuters5 days ago

    U.S. to upgrade military ties with Brazil during visit next week -sources

    The United States will strengthen military ties with Brazil to a level usually reserved for NATO allies during President Jair Bolsonaro's visit to Washington next week, boosting growing cooperation between the Americas' two largest militaries, two Brazilian government officials said on Thursday. Bolsonaro will meet U.S. President Donald Trump in the White House on Tuesday during a visit aimed at strengthening economic, political and military ties between his right-wing government and Washington. The status of "major non-NATO ally" (MNNA) gives a country preferential access to the purchase of U.S. military equipment and technology, including free surplus material, expedited export processing and prioritized cooperation on training.

  • Reuters5 days ago

    Embraer posts loss on executive-jets charge ahead of Boeing deal

    Embraer SA reported an unexpected loss on Thursday due to a writedown in its underperfoming executive jets division, adding to concerns over its potential future earnings after it sells its profitable commercial jet unit to Boeing Co. The Brazilian planemaker lost a net $18.1 million in the fourth quarter due to a $61.3-million writedown for research and development spending on its "Legacy" line of business jets, which have not yielded expected returns. Embraer's fourth-quarter results missed a consensus estimate of an $8.4 million profit in a Refinitiv poll of six analysts.

  • Associated Press6 days ago

    Embraer: 4Q Earnings Snapshot

    On a per-share basis, the Sao Paulo-based company said it had a loss of 10 cents. Losses, adjusted for non-recurring costs, were 4 cents per share. The results missed Wall Street expectations. The average ...

  • PR Newswire6 days ago

    Embraer Earnings Results 4th Quarter and Fiscal Year 2018

    SÃO PAULO, March 14, 2019 /PRNewswire/ --   EMBRAER S.A. (NYSE: ERJ; B3: EMBR3) releases its Fourth Quarter and Fiscal Year 2018 Earnings Results. HIGHLIGHTS Embraer delivered 33 commercial jets and 36 ...

  • Should You Buy Boeing Stock Amid Turbulence?
    InvestorPlace8 days ago

    Should You Buy Boeing Stock Amid Turbulence?

    Until the recent plane crash, Boeing (NYSE:BA) stock had been on fire. BA rose by about 52% between Dec. 24 and March 1. Despite record production, its backlog continues to grow, and the company continues to benefit from increases in defense spending. However, with the second crash of a Boeing 737 MAX 8 plane in less than five months, the air of invincibility has left the stock.Source: Shutterstock The problem has worsened as China, Indonesia and several airlines have grounded the Max 8 until further notice. Moreover, digging deeper into the numbers, other concerns have appeared that could hurt shorter-term traders.Given these numerous factors, Boeing stock looks precarious. But, until the second plane crash, I saw little to dislike about BA. The company found itself earning more business than it can currently handle. Boeing announced a record 806 deliveries for 2018. However, the company took 893 orders. Despite production increases, it will now take seven years to complete current orders.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Growth Stocks Racing to All-Time Highs Also, with the Trump administration's push to spend more on the military, its defense contracting side is booming. Last September, the Pentagon awarded $13.7 billion in contracts to Boeing. Moreover, while it has little exposure to the growing smaller jet market, it's working with Embraer (NYSE:ERJ) to develop such an aircraft. Even if budget cuts or a downturn dampens demand, Boeing workers will have plenty of work for years to come. Multiples Nearing Historic HighsConsidering the orders received, the 22 price-earnings (PE) ratio may not seem unusual. It may even appear reasonable with the predicted 21.8% average annual profit growth rate. Furthermore, dividend payouts have risen for seven straight years. The current 1.95% yield may not attract a lot of income-focused investors. Still, longer-term holders will benefit from the dividend increases.However, BA had steadily fallen during March even before the Ethiopian Airlines crash. Now with doubts about the safety of the 737 Max 8, one now has to wonder how the cloud over this plane will affect shares of Boeing. Either way, the strain on Boeing stock will likely persist for some time.Moreover, Boeing's balance sheet shows two significant concerns. One involves the pension shortfall. Among large U.S. corporations, only GE (NYSE:GE) lags Boeing in underfunding pensions. BA holds over $19.9 billion in pension liabilities as of the end of 2018. However, that has come down from $25.86 billion in liability the company faced just two years ago.The company also plans to allocate $1.1 billion to pensions this year. The company earned $10.45 billion in 2018 and generated $13.53 billion in free cash flow. For these reasons, I think BA can bear this enormous expense, but it poses a significant liability.Further, share buybacks have begun to place an enormous strain on the balance sheet. Thanks to spending on share repurchases, Boeing has become a $239 billion company with only $339 million in stockholders' equity. This means BA trades at an astronomical 661 times book value. Also, with the tiny amount of equity, it calls into question how much the company can afford to spend on buybacks in future years. Bottom Line on BA StockThe increasing backlog of orders, the military contracts and the move into smaller jets had worked in Boeing's favor before the recent plane crash. However, issues with the Max 8 may lead to some order cancellations. Moreover, the company still faces substantial pension liabilities and challenges related to its balance sheet.I still think long-time investors should remain in BA stock, however. But I see enough negatives to not buy until BA hits rock bottom. Between the Max 8 issues, the massive rise in the stock price and the balance sheet concerns, BA will continue to pull back over the near term. If it turns out that Boeing's best-selling Max 8s are, in fact, defective, then Boeing stock has much further to crater.As it stands, Boeing remains well-positioned to weather its challenges and deliver long-term returns. American Airlines (NYSE:AAL) and Southwest Airlines (NYSE:LUV), both among Boeing's biggest customers, have stated their intent to continue flying the Max 8s. In a strange way, the doubts surrounding the 737 Max 8 may eventually lead to a buying opportunity. Now is not that time, and in the near term, Boeing stock is headed for lower altitudes.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Growth Stocks Racing to All-Time Highs * 5 Warren Buffett Stocks You Can't Go Wrong With * Game On for These 3 Gaming Stocks Compare Brokers The post Should You Buy Boeing Stock Amid Turbulence? appeared first on InvestorPlace.

  • Kenmore Air may profit after Delta Air Lines cuts flights from Seattle to Victoria, B.C.
    American City Business Journals12 days ago

    Kenmore Air may profit after Delta Air Lines cuts flights from Seattle to Victoria, B.C.

    The move by the Atlanta-based airline may boost the business of Kenmore Air, which offers direct seaplane service to the British Columbia provincial capital's Inner Harbour.

  • She's one in a million and the ideal customer at Paine Field's new terminal
    American City Business Journals15 days ago

    She's one in a million and the ideal customer at Paine Field's new terminal

    Alaska Airlines and United want 1.1 million residents of Everett, Snohomish and north King County to use the new Paine Field.

  • Propeller Airports, Alaska Airlines launch flights from new Paine Field terminal
    American City Business Journals15 days ago

    Propeller Airports, Alaska Airlines launch flights from new Paine Field terminal

    It was a jubilant community celebration following months of delays and the federal government shutdown. Political leaders are using the new airport to lure companies to the area.

  • Reuters15 days ago

    CommutAir plane lands on grass in Presque Isle injuring pilot, 3 passengers

    The Ohio-based regional carrier, in which No.3 U.S. airline operator United Continental Holdings Inc owns a minority interest, said the injuries of the crew and the passengers were minor and they were being attended to by emergency personnel. There were 28 passengers and three crew members on board the aircraft, which landed at 11:43 a.m. ET.

  • Associated Press21 days ago

    Embraer shareholders approve jet joint venture with Boeing

    Shareholders of Brazilian aircraft maker Embraer have overwhelmingly approved spinning off the company's commercial-airplane unit into a joint venture dominated by Boeing Co. Boeing will own 80 percent of the venture, which values Embraer's commercial-aircraft business at $5.26 billion. The deal gives Boeing a big stake in Embraer's market for smaller regional jets and helps the Chicago company counter Europe's Airbus, which last year bought a controlling stake in Canadian manufacturer Bombardier's CSeries regional jet program.

  • Reuters21 days ago

    Embraer shareholders OK sale of commercial jet division to Boeing

    Shareholders of Brazil's Embraer SA approved a deal on Tuesday to sell 80 percent of the company's commercial plane division to Boeing Co, enabling Boeing to compete with Airbus SE in the market for jets with up to 150 seats. About 96.8 of shareholders voted in favor of the deal after Embraer overturned an injunction that had put the shareholder meeting on hold.

  • PR Newswire21 days ago

    Boeing-Embraer partnership receives shareholder approval

    SAO PAULO and CHICAGO, Feb. 26, 2019 /PRNewswire/ -- The proposed strategic partnership between Boeing [NYSE: BA] and Embraer [B3: EMBR3, NYSE: ERJ] was approved today by Embraer's shareholders during an Extraordinary General Shareholders' Meeting held at the company's headquarters in Brazil. At the special meeting, 96.8% of all valid votes cast were in favor of the transaction, with participation of approximately 67% of all outstanding shares. Shareholders approved the proposal that will establish a joint venture made up of the commercial aircraft and services operations of Embraer.

  • Reuters22 days ago

    EMERGING MARKETS-Latam FX broadly firms, Brazil's real recoups early losses

    Most Latin American currencies firmed on Tuesday against the dollar ahead of congressional testimony from U.S. Federal Reserve Chairman Jerome Powell, while Brazil's real recovered early losses on the ...

  • Embraer shareholders approve $4.2 billion deal with Boeing
    Reuters22 days ago

    Embraer shareholders approve $4.2 billion deal with Boeing

    Shareholders of Brazilian planemaker Embraer SA on Tuesday approved a deal to sell 80 percent of the company's commercial jet division to Boeing Co, a move that could reshape the global market for aircraft ...