MTU Aero Engines AG (OTCMKTS:MTUAY) Receives Average Recommendation of “Moderate Buy” from Brokerages

MTU Aero Engines AG (OTCMKTS:MTUAY) has earned a consensus recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company.

Several equities research analysts recently commented on MTUAY shares. Royal Bank Of Canada raised shares of MTU Aero Engines to a “hold” rating in a report on Tuesday, November 18th. The Goldman Sachs Group initiated coverage on shares of MTU Aero Engines in a research note on Friday, September 19th. They issued a “hold” rating for the company. Jefferies Financial Group reissued a “buy” rating on shares of MTU Aero Engines in a research report on Thursday, October 23rd. Finally, Zacks Research lowered MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 16th.

MTU Aero Engines Stock Down 1.0%

MTU Aero Engines stock opened at $228.00 on Tuesday. The company has a quick ratio of 1.04, a current ratio of 1.39 and a debt-to-equity ratio of 0.58. The firm has a market cap of $24.54 billion, a price-to-earnings ratio of 24.70 and a beta of 1.10. The business’s 50-day moving average price is $209.02 and its 200 day moving average price is $216.42. MTU Aero Engines has a 52 week low of $145.02 and a 52 week high of $232.86.

MTU Aero Engines (OTCMKTS:MTUAY) last released its quarterly earnings results on Thursday, October 23rd. The company reported $2.61 EPS for the quarter. The company had revenue of $2.49 billion for the quarter. MTU Aero Engines had a net margin of 10.79% and a return on equity of 25.61%. As a group, sell-side analysts anticipate that MTU Aero Engines will post 8.69 earnings per share for the current year.

MTU Aero Engines Company Profile

MTU Aero Engines AG is a German aircraft engine manufacturer headquartered in Munich that develops, manufactures and services commercial and military aero engines as well as industrial gas turbines. The company’s activities span the entire engine lifecycle, from conceptual design and development through production of modules and components to aftermarket maintenance, repair and overhaul (MRO). MTU supplies parts and technical solutions for a broad range of jet engines and turbomachinery used by airlines, MRO providers and defense customers.

In addition to core engine development and manufacturing, MTU offers comprehensive aftermarket services including scheduled and unscheduled maintenance, spare parts distribution, repair technologies and fleet support programs.