For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Growth investors build their portfolios around companies that are financially strong and have a bright future, and the Growth Style Score helps take projected and historical earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Embraer S.A., formerly known as Empresa Brasileira de Aeronautica S.A., was formed by the Brazilian government in 1960 and privatized in 1994. The company, based in Sao Paulo, Brazil, designs, manufactures and sells aircraft and aviation-related structural parts to the world’s commercial aviation, executive aviation and defense markets. It is one of the leaders in the commercial aircraft space, with a seating capacity of up to 150, and delivered more than 8000 jets. The company operates through five segments. These are as follows:
ERJ is a Zacks Rank #3 (Hold) stock, with a Growth Style Score of A and VGM Score of A. Earnings are expected to grow 314% year-over-year for the current fiscal year, with sales growth of 18.3%.
Two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.22 to $1.78 per share for 2024. ERJ boasts an average earnings surprise of 127.3%.
Embraer is also cash rich. The company has generated cash flow growth of 8.1%, and is expected to report cash flow expansion of 29.1% in 2024.
ERJ should be on investors' short lists because of its impressive growth fundamentals, a good Zacks Rank, and strong Growth and VGM Style Scores.
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Embraer-Empresa Brasileira de Aeronautica (ERJ) : Free Stock Analysis Report
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