Kepler Capital Markets Upgrades MTU Aero Engines (OTCMKTS:MTUAY) to Strong-Buy

MTU Aero Engines (OTCMKTS:MTUAY) was upgraded by investment analysts at Kepler Capital Markets from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Monday,Zacks.com reports.

MTU Aero Engines Stock Down 0.5 %

MTU Aero Engines stock opened at $170.86 on Monday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.86 and a current ratio of 1.18. MTU Aero Engines has a fifty-two week low of $116.89 and a fifty-two week high of $191.30. The stock has a 50-day simple moving average of $169.47 and a 200-day simple moving average of $168.78. The company has a market capitalization of $18.39 billion, a P/E ratio of 27.03 and a beta of 1.12.

MTU Aero Engines (OTCMKTS:MTUAY) last issued its quarterly earnings results on Wednesday, February 19th. The company reported $2.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.04 by $0.12. MTU Aero Engines had a net margin of 8.64% and a return on equity of 24.62%. The business had revenue of $2.27 billion for the quarter. Equities research analysts expect that MTU Aero Engines will post 8.69 earnings per share for the current year.

About MTU Aero Engines

MTU Aero Engines AG, together with its subsidiaries, engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally. It operates through two segments: Original Equipment Manufacturing (OEM Business); and Maintenance, Repair, and Overhaul (MRO Business).