Erickson (EAC) Scheduled to Post Quarterly Earnings on Thursday
Erickson (NYSE:EAC) will issue its Q214 quarterly earnings data on Thursday, August 7th. Analysts expect the company to announce earnings of $0.13 per share and revenue of $86.77 million for the quarter.
Shares of Erickson (NYSE:EAC) traded down 1.88% during mid-day trading on Wednesday, hitting $14.63. 17,552 shares of the company’s stock traded hands. Erickson has a 52 week low of $14.10 and a 52 week high of $21.94. The stock has a 50-day moving average of $15.53 and a 200-day moving average of $17.42. The company has a market cap of $202.0 million and a P/E ratio of 56.69.
A number of analysts have recently weighed in on EAC shares. Analysts at Zacks upgraded shares of Erickson from an “underperform” rating to a “neutral” rating in a research note on Wednesday, July 9th. They now have a $16.20 price target on the stock. On the ratings front, analysts at BWS Financial initiated coverage on shares of Erickson in a research note on Friday, June 20th. They set a “buy” rating and a $33.00 price target on the stock. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Erickson currently has an average rating of “Buy” and a consensus target price of $23.03.
Erickson Inc (NYSE:EAC), formerly Erickson Air-Crane Incorporated, is engaged in the operation and manufacture of the Erickson S-64 Aircrane (Aircrane), a heavy-lift helicopter.
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