Embraer's Commercial Jet Deliveries Rise in 2Q, but We Expect Deliveries to Fall Next Year
Narrow-moat Embraer delivered 35 commercial jets and 24 business jets in the second quarter of this year. Commercial jet deliveries were up year over year, and large business jet deliveries also increased. However, smaller business jet deliveries were down. We continue to think the stock looks undervalued, but Embraer likely faces a tougher 2018 than 2017, which means investors may be left without a positive catalyst over the next 12 months. We are maintaining our fair value estimate of $29 for ...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.