MTU Aero Engines AG (OTCMKTS:MTUAY) Short Interest Up 60.1% in August

MTU Aero Engines AG (OTCMKTS:MTUAYGet Free Report) saw a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 4,127 shares, an increase of 60.1% from the July 30th total of 2,578 shares. Based on an average daily volume of 20,863 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

MTU Aero Engines Price Performance

Shares of OTCMKTS MTUAY opened at $197.89 on Wednesday. The business has a fifty day moving average of $207.33 and a two-hundred day moving average of $195.48. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.06 and a current ratio of 1.44. MTU Aero Engines has a 52-week low of $157.93 and a 52-week high of $238.57. The stock has a market cap of $21.32 billion, a PE ratio of 19.38 and a beta of 1.02.

MTU Aero Engines (OTCMKTS:MTUAYGet Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $2.82 EPS for the quarter, missing analysts’ consensus estimates 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 the consensus estimate of $2.60 billion. As a group, equities research analysts expect that MTU Aero Engines will post 11.32 earnings per share for the current fiscal year.

Analysts Set New Price Targets

MTUAY has been the topic of a number of research analyst reports. Zacks Research upgraded shares of MTU Aero Engines from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 14th. Berenberg Bank lowered MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Jefferies Financial Group reaffirmed a “buy” rating on shares of MTU Aero Engines in a report on Thursday, August 13th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of MTU Aero Engines in a research report on Thursday, August 13th. Finally, Barclays downgraded shares of MTU Aero Engines from an “equal weight” rating to a “strong sell” rating in a report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Get Our Latest Research Report on MTUAY

MTU Aero Engines Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for MTU Aero Engines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MTU Aero Engines and related companies with MarketBeat.com's FREE daily email newsletter.