ERJ - Embraer S.A.

NYSE - NYSE Delayed Price. Currency in USD
17.83
-0.40 (-2.19%)
At close: 4:02PM EST
Stock chart is not supported by your current browser
Previous Close18.23
Open18.01
Bid17.77 x 900
Ask17.78 x 800
Day's Range17.74 - 18.18
52 Week Range15.86 - 21.48
Volume545,986
Avg. Volume743,514
Market Cap3.272B
Beta (5Y Monthly)-0.19
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.04 (0.21%)
Ex-Dividend DateDec 27, 2018
1y Target EstN/A
  • Reuters

    Mitsubishi's SpaceJet delivery plans postponed again to 2021 or 2022 - Nikkei

    Japan's Mitsubishi Aircraft Corp has postponed delivery of the SpaceJet regional plane for a sixth time to late 2021 or 2022, according to a Nikkei report, pushing back the target from mid-2020. It represents another setback to Japan's ambitions of reviving its commercial jet industry, which has been dormant for 50 years. In November, the chief executive of the programme's largest shareholder, Mitsubishi Heavy Industries Ltd, told Reuters the company was rethinking the timetable for the SpaceJet and could no longer commit to mid-2020.

  • 7 Exciting Tech Stocks With International Flair
    InvestorPlace

    7 Exciting Tech Stocks With International Flair

    Thanks to the positive sentiment surrounding the U.S. and China signing a "phase one" trade agreement, several tech stocks have skyrocketed recently. That's not surprising considering that China is both a massive and still growing market for technological innovations. Nevertheless, investors may want to limit their exposure to the domestic space in favor of international names.For one thing, the U.S. equity sector has broadly and consistently outperformed its global counterparts over the last several years. Of course, this is not a guarantee that foreign companies will start beating out American competitors. However, markets generally move cyclically. Purely from a probability standpoint, it might make sense to consider international tech stocks.Furthermore, U.S. tech stocks exposed to geopolitical risks in a magnitude that you don't usually find with international counterparts. Let's face it: We're the world's sole superpower. And like it or not, it's our duty to support the cause of freedom wherever possible. But because of this moral mandate, we are necessarily involved in controversies.InvestorPlace - Stock Market News, Stock Advice & Trading TipsLong story short, our companies can be on the receiving end of unfavorable treatment, like in the U.S.-China trade war. However, some international tech stocks might avoid such geopolitically motivated troubles.Finally, international tech stocks have home field advantage. Although U.S. blue chips always have their eyes set on global expansion, international organizations best understand the nuances of their market or region. * 7 Healthcare Stocks With 100% Street Support So, if you're ready to step outside your comfort zone, here are seven international tech stocks to put on your radar. Mercadolibre (MELI)Source: Shutterstock E-commerce firm Mercadolibre (NASDAQ:MELI) is what I would call a time-capsule investment among international tech stocks to buy. Based in Argentina, Mercadolibre is actually the largest e-commerce platform in Latin America. Moreover, it leads in market share in the countries where it has a presence. In other words, MELI stock is beating out Amazon (NASDAQ:AMZN) in several emerging market nations.Because of its similarity to our homegrown e-commerce stalwart, most folks refer to Mercadolibre as the Amazon of Latin America. Personally, I think it's a fair comparison. However, MELI stock is a name you want to watch closely because the underlying organization is pushing beyond that title. The company sells merchandise, offers a merchant network platform, and has a payment processing service.Best of all, e-commerce adoption in Latin America is growing rapidly. Therefore, MELI stock is a long-term investment where patience can net huge returns. Embraer (ERJ)Source: Shutterstock When people think about aviation tech stocks, typically Boeing (NYSE:BA) and Airbus (OTCMKTS:EADSY) come quickly to mind. However, Brazilian firm Embraer (NYSE:ERJ) should also be on your list of publicly traded firms to watch closely. Perhaps most famous for its line of gorgeous executive airplanes, ERJ stock also has exposure to the lucrative defense market.But what makes Embraer stand out among international tech stocks is its innovative, envelope-pushing projects. Currently, the company has a partnership with Uber Technologies (NYSE:UBER) to develop aircraft for the transportation needs of tomorrow. While Uber has essentially catalyzed the ride-sharing phenomenon, it's not done: it wants to dominate the skies as well. That's a compelling reason to buy ERJ stock. * 7 Earnings Reports to Watch Next Week Want another reason? Historically, ERJ stock is undervalued. Since July of 2000, shares are actually down a bit. Basically, ERJ hasn't moved for 20 years. But a compelling partnership with Uber might change that. ASML (ASMLF)Source: Shutterstock I'm not really sure if you'd call ASML (OTCMKTS:ASMLF) a household name. But within the arena of international tech stocks, ASML is a true powerhouse. Headquartered in Veldhoven, Netherlands, the semiconductor firm has multiple corporate clients throughout the world. Chances are, if you used any modern digital device, you've used ASML products. Due to the organization's importance to the sector, having some exposure to ASMLF stock is likely a wise bet.A key driver for ASML is its innovations in lithography. This term describes "printing" unique patterns on silicon wafers via an advanced projection system. Furthermore, ASML is the world's sole tech firm that utilizes extreme ultraviolet light. Essentially, the company's next-generation technology allows it to imbue semiconductors with ever-increasing data capacities. And with multiple tech industries ranging from PCs to mobile devices clamoring for higher capacities, ASML stock is indefinitely relevant. Adyen (ADYEY)Source: Shutterstock Launched in the over-the-counter exchange early October of last year, Adyen (OTCMKTS:ADYEY) is by default one of the riskiest international tech stocks. Therefore, I'll warn you upfront and early that ADYEY stock is not for the faint of heart. Indeed, the disappointing environment surrounding much-hyped international public offerings should give you some pause.At the same time, ADYEY stock is undeniably compelling. Adyen started life as an idea to bring payments transactions for businesses under one cohesive umbrella. Given that Adyen is headquartered in the heart of western Europe, I can see why the founders got this concept. * 10 Recession-Resistant Services Stocks to Buy Later, the company evolved into an e-commerce, business solutions and data analytics platform. Basically, it's the European version of Square (NYSE:SQ). Now, I like Square's growth prospects in the U.S. and certain international markets. But Adyen may offer an understanding of the European business environment that gives it a distinct advantage. Therefore, a speculative but measured shot on ADYEY stock isn't a bad idea. Momo (MOMO)Source: Shutterstock Almost always, one of the justifications for buying China-based publicly traded companies is the underlying country's population size. At roughly 1.4 billion, China technically has the world's biggest addressable market for everything. But in my opinion, only few companies like Momo (NASDAQ:MOMO) can use this population statistic to its benefit.Momo is a video and social networking app. That said, investors know MOMO stock as the Tinder of China. Most people use Tinder as a dating service, and so it is with Momo despite it being a more broad-usage social app.Now, you understand why I think population size matters for MOMO stock. Demographically, the underlying company has hit a home run: approximately 80% of the app's users are between 19 to 32 years old. Many of these individuals will be interested in using its services to socialize and set up dates. Sony (SNE)Source: Shutterstock In many ways, Sony (NYSE:SNE) was the dominant consumer electronics player before Apple (NASDAQ:AAPL) ruined everything. First, Apple's iPod obliterated Sony's iconic Walkman, which by then turned into a physically hulking device. Later, the iPhone and iPad separated the two companies by several lightyears, leaving SNE stock as a sad shell of its former self.However, one look at the technical charts will confirm that Sony has found its way. In my view, one of the most compelling drivers for SNE stock is the Japanese tech firm's sensor technology. Featured in multiple smartphone brands, including the current-generation iPhone, Sony has impressed millions of mobile users across the globe. And it's set to do it again with even bigger, more powerful sensors for Apple's future iPhone 12. * 10 Stocks to Buy as the 2020 Presidential Election Approaches Lastly, you should consider SNE stock among your international tech stocks to buy for Sony's unfailing PlayStation business unit. Yes, over the last several years, the Japanese icon attracted much scorn. However, its PlayStation unit is a different animal. And with the PS5 console coming out later this year, SNE is a strong opportunity. Jumia Technologies (JMIA)Source: Shutterstock At the top of this list of international tech stocks to buy, I mentioned Mercadolibre, the Amazon of Latin America. I'm going to take it full circle with Jumia Technologies (NYSE:JMIA), which many people regard as the Amazon of Africa.Similar to Mercadolibre, JMIA stock has an extraordinarily fascinating broad-view narrative. Indeed, the African continent may represent the most compelling narrative. According to data compiled by Quartz Africa, the continent's "consumer e-commerce market, valued at $5.7 billion in 2017, is less than 0.5% of the continent's GDP, far below the global average of 4%."If you want to talk about an addressable market, Jumia Technologies has ridiculous upside potential. But will this translate to strong returns for JMIA stock?It might due to many efforts to bring African populations into the financial system. If and when they become banked, their access to e-commerce platforms will logically increase.However, the African market is largely a frontier one. Thus, a short-seller made sharp, though unverified accusations of fraud against JMIA stock. One thing is for sure: If you're going to gamble here, do so carefully.As of this writing, Josh Enomoto is long SNE. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy as the 2020 Presidential Election Approaches * 5 Dividend Stocks With Low Payout Ratios and High Yields * 4 Post-Holiday Retail Stocks Still Worth a Look The post 7 Exciting Tech Stocks With International Flair appeared first on InvestorPlace.

  • Boeing-Embraer Deal Faces Delays as EU Pauses Its Probe Again
    Bloomberg

    Boeing-Embraer Deal Faces Delays as EU Pauses Its Probe Again

    (Bloomberg) -- European Union merger watchdogs said they stopped the clock on their review of Boeing Co.’s tie-up with Brazilian rival Embraer SA for a second time as they demanded yet more details from the jet makers.The move is a re-run of a similar request late last year for data about the deal, which the European Commission has warned could remove Embraer as the third-largest global competitor to both Boeing and Airbus SE, leading to higher prices and less choice.“This procedure in merger investigations is activated if the parties fail to provide, in a timely fashion, important information that the commission has requested from them,” the commission said in an email.Once the missing information is supplied by the parties, “the clock is re-started and the deadline for the commission’s decision is then adjusted accordingly,” the EU authority added.While such requests can be a signal of difficulties with a deal review, they are relatively common when regulators are probing complex transactions. Typical information sought by the EU would include details of how the two companies currently compete with each other in aircraft markets.The delay will push the EU’s deadline for a decision beyond a previous April 30 date, frustrating the companies’ efforts to close the deal early in 2020. Brazil should approve the deal this month, a person familiar with the discussions said last month. It has already been cleared without conditions in the U.S. and China.Boeing plans to take an 80% stake in a venture controlling Embraer’s commercial airplane and services businesses, in order to better compete with Airbus after its rival took control of Bombardier Inc..’s C series aircraft in 2018. Boeing and Embraer have already had to move their target for completing the deal to early 2020.“We continue to cooperate” with Brazil and the EU commission “as they progress their assessments and look forward to a positive outcome,” Boeing said in an emailed statement.(Updates with Boeing comment in last paragraph.)\--With assistance from Aoife White and Siddharth Philip.To contact the reporter on this story: Charlotte Ryan in London at cryan147@bloomberg.netTo contact the editors responsible for this story: Anthony Palazzo at apalazzo@bloomberg.net, Peter ChapmanFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Embraer studies turboprop to be developed through Boeing venture
    Reuters

    Embraer studies turboprop to be developed through Boeing venture

    Brazilian planemaker Embraer is in the advanced stages of studying the launch of a new turboprop aircraft to be developed through a venture it is planning with Boeing, subject to necessary approvals, a top executive said on Monday. The aircraft would be in the same size range or even larger than the 70-seat ATR-72, a Franco-Italian aircraft that currently dominates the market, Embraer Commercial Aviation Chief Executive John Slattery told Reuters. "It sits in our target market, which we have always been clear is below 150 seats, and will have natural adjacency to the E2 offering," he said, referring to Embraer's family of 80-120-seat regional jets.

  • Reuters

    UPDATE 4-Bombardier shares dive on profit warning, A220 writedown fears

    Bombardier, which sold control of the A220 narrowbody jet to Airbus in 2018 as part of a long-running drive to put it on a solid financial footing, said the venture needed more investment and might be subject to a writedown during fourth quarter results next month.

  • Benzinga

    CES 2020: EmbraerX, Elroy To Collaborate On Hybrid Cargo Drone

    EmbraerX, a subsidiary of Brazilian aircraft maker Embraer, and drone startup Elroy Air have agreed to collaborate on developing Elroy's Chaparral, an unmanned, hybrid electric vertical takeoff and landing (VTOL) cargo aircraft. The Chaparral system will be capable of flying up to 300 miles to deliver 500 pounds of cargo and will feature autonomous cargo loading and unloading, according to Elroy Air. Elroy Air CEO Dave Merrill said his company intends to open a new chapter for the logistics market with point-to-point autonomous aerial cargo systems.

  • Barrons.com

    The Boeing Jet That Crashed in Iran Was an Older Model, Not the 737 MAX

    A Boeing 737 NG jet operated by Ukraine International Airlines crashed in Iran early Wednesday. It’s a tragic event, but it isn’t connected with the troubles that have led to the grounding of the 737 MAX jet.

  • Barrons.com

    Emerging Market Bond Investors Now Have to Look Harder for Higher Yield

    With the easing cycle petering out, investors will have trouble beating 2019 returns in EM bonds. The answer: juice up returns with more exotic sovereigns that pay above the odds.

  • New Boeing boss faces EU pressure over Embraer tie-up: sources
    Reuters

    New Boeing boss faces EU pressure over Embraer tie-up: sources

    As Boeing's new boss tackles the immediate crisis over its grounded 737 MAX jet, he also faces pressing questions from European regulators over a deal to buy the commercial arm of Brazil's Embraer - seen as key to its longer-term strategy. European Union regulators investigating the $4.2 billion tie-up have asked for more than 1.5 million pages of information and data on over 20 years of sales campaigns, two sources familiar with the matter told Reuters. The volume of requests highlights the European Commission's concerns over a deal it suspects would reduce the number of major participants in the global jet market from three to two, the sources said, speaking on condition of anonymity.

  • Boeing Seems Stuck in a Holding Pattern
    TheStreet.com

    Boeing Seems Stuck in a Holding Pattern

    Despite all the bad news, BA has been more of the same since March, stuck in a trading channel with $380 as resistance and $325 as support.

  • Brazil's Embraer plans to develop new light military transport plane
    Reuters

    Brazil's Embraer plans to develop new light military transport plane

    Brazil's planemaker Embraer S.A. said it is studying the development of a new light military transport plane together with the Brazilian Air Force, the company said in a statement on Thursday. Embraer said it is looking to identify the Brazilian Air Force's requirements in the Amazon region and explore the potential application of new technologies such as hybrid-electric propulsion.

  • Is Embraer SA  (ERJ) A Good Stock To Buy?
    Insider Monkey

    Is Embraer SA (ERJ) A Good Stock To Buy?

    Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the third quarter. You can find articles about an individual hedge fund's trades on numerous financial […]

  • Reuters

    Brazil's Embraer signs $194.4 mln deal for two E175 jets with Congo Airways

    Brazilian planemaker Embraer SA said on Tuesday it has signed a contract worth $194.4 million with Congo Airways for the delivery of two E175 jets, with the option for another two planes of the same model. The agreement for the 76-seater planes will be part of Embraer's fourth quarter order book, and deliveries are expected to begin in the fourth quarter of 2020, Embraer said in a securities filing.

  • Reuters

    UPDATE 1-Brazil association takes fight against Embraer-Boeing deal to Europe

    An association representing minority investors in Brazil is lobbying European antitrust regulators to spike a deal between planemakers Embraer SA and Boeing Co, calling it a killer acquisition. Aurelio Valporto, the head of minority investor association Abradin, said the European Commission should block Boeing's proposed $4.2 billion purchase of 80% Embraer's commercial passenger jet division or demand hefty concessions.

  • Brazil association takes fight against Embraer-Boeing deal to Europe
    Reuters

    Brazil association takes fight against Embraer-Boeing deal to Europe

    An association representing minority investors in Brazil is lobbying European antitrust regulators to spike a deal between planemakers Embraer SA and Boeing Co , calling it a killer acquisition. Aurelio Valporto, the head of minority investor association Abradin, said the European Commission should block Boeing's proposed $4.2 billion purchase of 80% Embraer's commercial passenger jet division or demand hefty concessions. "What will be left from Embraer won't survive, and even if it was possible to survive, Embraer wouldn't be able to produce any aircraft with 50 passengers or more," Valporto said in an interview late on Wednesday, arguing that Embraer and Boeing planes compete in the marketplace.

  • Reuters

    Embraer investor wants EU to block "killer" Boeing deal

    EU antitrust regulators should block Boeing's $4.2 billion purchase of Embraer's commercial passenger jet division or demand hefty concessions, the head of Brazilian investor group Abradin said, calling it a killer acquisition. Aurelio Valporto complained about the deal to the European Commission two months ago, saying it created hurdles to competition in the Brazilian aerospace industry, and on Wednesday took his grievance to Brazil's antitrust watchdog CADE. Boeing is buying 80% of Embraer's commercial jets division, its most profitable, to compete directly with Airbus in the market for planes with fewer than 150 seats.

  • Reuters

    Deals of the day-Mergers and acquisitions

    ** Rivulet Capital, a large investor in Instructure Inc said it will resist the U.S. educational software company's plan to sell itself to private equity firm Thoma Bravo for $2 billion, calling the deal too cheap and too hurried. ** Mexican broadcaster Grupo Televisa has won a federal injunction against Walt Disney Co's acquisition of Twenty-First Century Fox Inc's assets in Mexico, a Televisa representative said, a move that could at least temporarily stall the deal. ** Brazilian wireless carrier TIM Participações SA will consider acquiring the mobile unit of its struggling rival OI SA if it is put up for sale, Chief Executive Pietro Labriola said.

  • Brazilian investor group Abradin files complaint against Embraer-Boeing deal
    Reuters

    Brazilian investor group Abradin files complaint against Embraer-Boeing deal

    A Brazilian group representing minority investors filed a complaint on Tuesday with Brazil's antitrust watchdog CADE against the Embraer-Boeing deal. The head of the Abradin group, Aurelio Valporto, said it asked for an investigation of the deal. Abradin also filed a complaint with the European Commission two months ago arguing that the acquisition of Embraer SA's commercial division by Boeing Co creates hurdles to competition in the Brazilian aerospace industry.

  • Curtiss-Wright Signs Agreement to Acquire 901D Holdings
    Zacks

    Curtiss-Wright Signs Agreement to Acquire 901D Holdings

    Curtiss-Wright's (CW) acquisition of 901D Holdings is likely to be accretive to its 2020 adjusted diluted earnings per share and produce a free cash flow conversion rate in excess of 100%.