Embraer S.A. (ERJ) Reaches $27.25 52-Week High; Radnet (RDNT) Shorts Raised By 11.69%

February 18, 2018 - By reb123z

Radnet Incorporated (NASDAQ:RDNT) had an increase of 11.69% in short interest. RDNT’s SI was 369,700 shares in February as released by FINRA. Its up 11.69% from 331,000 shares previously. With 280,900 avg volume, 1 days are for Radnet Incorporated (NASDAQ:RDNT)’s short sellers to cover RDNT’s short positions. The SI to Radnet Incorporated’s float is 1.31%. The stock increased 0.50% or $0.05 during the last trading session, reaching $10.05. About 93,252 shares traded. RadNet, Inc. (NASDAQ:RDNT) has risen 53.92% since February 18, 2017 and is uptrending. It has outperformed by 37.22% the S&P500.

The stock of Embraer S.A. (NYSE:ERJ) hit a new 52-week high and has $28.07 target or 3.00% above today’s $27.25 share price. The 8 months bullish chart indicates low risk for the $5.11B company. The 1-year high was reported on Feb, 18 by Barchart.com. If the $28.07 price target is reached, the company will be worth $153.42 million more. It closed at $27.25 lastly. It is down 11.42% since February 18, 2017 and is downtrending. It has underperformed by 28.12% the S&P500.

Embraer S.A. designs, develops, manufactures, and sells aircraft and systems in Brazil, North America, Latin America, the Asia Pacific, Europe, and internationally. The company has market cap of $5.11 billion. It operates through Commercial Aviation, Executive Jets, Defense & Security, and Other Related Businesses divisions. It has a 12.48 P/E ratio. The Commercial Aviation segment develops, produces, and sells commercial jets; and provides support services, as well as leases aircraft.

Among 12 analysts covering Embraer Sa (NYSE:ERJ), 3 have Buy rating, 3 Sell and 6 Hold. Therefore 25% are positive. Embraer Sa had 29 analyst reports since July 31, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of ERJ in report on Friday, July 7 with “Hold” rating. The rating was downgraded by Scotia Capital to “Sector Perform” on Tuesday, October 17. Cowen & Co maintained it with “Hold” rating and $2400 target in Friday, July 28 report. Cowen & Co maintained the shares of ERJ in report on Monday, January 22 with “Hold” rating. The stock of Embraer S.A. (NYSE:ERJ) earned “Neutral” rating by Goldman Sachs on Monday, May 2. The firm has “Hold” rating given on Tuesday, October 17 by Deutsche Bank. The firm earned “Hold” rating on Monday, June 5 by RBC Capital Markets. The stock of Embraer S.A. (NYSE:ERJ) has “Buy” rating given on Thursday, October 13 by Goldman Sachs. The rating was downgraded by Goldman Sachs on Thursday, August 10 to “Sell”. UBS downgraded Embraer S.A. (NYSE:ERJ) rating on Tuesday, November 22. UBS has “Sell” rating and $19 target.

Analysts await Embraer S.A. (NYSE:ERJ) to report earnings on March, 8. They expect $0.69 earnings per share, down 39.47% or $0.45 from last year’s $1.14 per share. ERJ’s profit will be $129.49M for 9.87 P/E if the $0.69 EPS becomes a reality. After $0.41 actual earnings per share reported by Embraer S.A. for the previous quarter, Wall Street now forecasts 68.29% EPS growth.

RadNet, Inc., together with its subsidiaries, provides outpatient diagnostic imaging services in the United States. The company has market cap of $478.62 million. The Company’s services include magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, mammography, ultrasound, diagnostic radiology , fluoroscopy, and other related procedures, as well as multi-modality imaging services. It has a 43.7 P/E ratio. The firm also develops and sells computerized systems for the imaging industry, including picture archiving communications systems; and provides teleradiology services for remote interpretation of images on behalf of radiology groups, hospitals, and imaging center customers.

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