Embraer S.A. (ERJ): Today's Featured Industrial Goods Winner
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day down 0.6%. By the end of trading, Embraer S.A rose $0.41 (1.2%) to $35.71 on average volume. Throughout the day, 1,100,294 shares of Embraer S.A exchanged hands as compared to its average daily volume of 1,042,400 shares. The stock ranged in a price between $35.18-$35.76 after having opened the day at $35.31 as compared to the previous trading day's close of $35.30. Other companies within the Industrial Goods sector that increased today were:
(
), up 16.7%,
China Recycling Energy Corporation
(
), up 14.9%,
(
), up 12.8% and
(
), up 7.4%.
Embraer S.A. primarily develops, produces, and sells jet and turboprop aircrafts for civil and defense aviation markets in Brazil, North America, Latin America, the Asia Pacific, Europe, and internationally. Embraer S.A has a market cap of $7.0 billion and is part of the aerospace/defense industry. Shares are up 23.8% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Embraer S.A a buy, no analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates
Embraer S.A
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Embraer S.A Ratings Report.
On the negative front,
(
), down 31.1%,
(
), down 6.3%,
(
), down 5.6% and
(
), down 5.3% , were all laggards within the industrial goods sector with
(
) being today's industrial goods sector laggard.
- Use our industrial goods section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider
(
) while those bearish on the industrial goods sector could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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