Embraer S.A Reaches New 52-Week High (ERJ)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Embraer S.A (NYSE: ERJ) hit a new 52-week high Wednesday as it is currently trading at $36.40, above its previous 52-week high of $36.28 with 56,903 shares traded as of 9:50 a.m. ET. Average volume has been 1.1 million shares over the past 30 days.

Embraer S.A has a market cap of $6.48 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 25.5% year to date as of the close of trading on Tuesday.

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. The company has a P/E ratio of 18.3, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Embraer S.A as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Embraer S.A Ratings Report.

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