MTU Aero Engines AG (OTCMKTS:MTUAY – Get Free Report) has received an average rating of “Hold” from the eleven analysts that are presently covering the firm, Marketbeat reports. Three analysts have rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company.
A number of research analysts recently issued reports on MTUAY shares. Berenberg Bank lowered MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Jefferies Financial Group restated a “buy” rating on shares of MTU Aero Engines in a research report on Thursday, August 13th. Barclays downgraded shares of MTU Aero Engines from an “equal weight” rating to a “strong sell” rating in a research report on Friday, August 7th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of MTU Aero Engines in a research report on Thursday, August 13th. Finally, Zacks Research upgraded MTU Aero Engines from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 14th.
Read Our Latest Stock Analysis on MTU Aero Engines
MTU Aero Engines Stock Up 1.1%
MTU Aero Engines (OTCMKTS:MTUAY – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $2.82 earnings per share for the quarter, missing the consensus estimate of $2.83 by ($0.01). MTU Aero Engines had a return on equity of 23.33% and a net margin of 10.43%.The business had revenue of $2.83 billion for the quarter, compared to analyst estimates of $2.60 billion. Research analysts predict that MTU Aero Engines will post 11.03 EPS 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.
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