MTU Aero Engines (OTCMKTS:MTUAY – Get Free Report) posted its quarterly earnings results on Thursday. The company reported $2.63 earnings per share for the quarter, Zacks reports. MTU Aero Engines had a return on equity of 22.42% and a net margin of 10.43%.
MTU Aero Engines Price Performance
MTU Aero Engines stock traded up $1.44 during mid-day trading on Thursday, hitting $186.96. 29,019 shares of the company traded hands, compared to its average volume of 28,397. MTU Aero Engines has a one year low of $157.93 and a one year high of $238.57. The stock has a market cap of $20.14 billion, a price-to-earnings ratio of 18.31 and a beta of 1.03. The stock has a fifty day moving average price of $200.24 and a 200-day moving average price of $199.25. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.06 and a current ratio of 1.42.
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on MTUAY shares. Deutsche Bank Aktiengesellschaft reiterated 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. Citigroup raised MTU Aero Engines from a “sell” rating to a “buy” rating in a research note on Thursday, September 24th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of MTU Aero Engines in a research note on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.
Check Out Our Latest Stock Analysis on MTU Aero Engines
MTU Aero Engines Company Profile
MTU Aero Engines AG is a Germany-based manufacturer of aircraft engines and engine components. The company develops, produces, and supports commercial and military propulsion systems, as well as industrial gas turbines. Its activities cover the full engine life cycle, including design, engineering, manufacturing, assembly, maintenance, repair, and overhaul.
MTU supplies major engine modules, components, and complete propulsion systems for a range of aircraft. The company participates in international programs such as the Pratt & Whitney GTF family for commercial aircraft, the EJ200 engine for the Eurofighter, and the TP400-D6 engine for the Airbus A400M military transport aircraft.
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