Airbus Group (OTCMKTS:EADSY) Reaches New 12-Month High – Still a Buy?

Airbus Group (OTCMKTS:EADSY) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $49.58 and last traded at $49.49, with a volume of 70290 shares changing hands. The stock had previously closed at $48.73.

Wall Street Analyst Weigh In

Several research firms recently issued reports on EADSY. Citigroup cut shares of Airbus Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 6th. Jefferies Financial Group upgraded shares of Airbus Group from a “hold” rating to a “buy” rating in a report on Friday, May 2nd. Morgan Stanley reaffirmed an “overweight” rating on shares of Airbus Group in a research report on Monday, March 10th. Berenberg Bank upgraded Airbus Group from a “sell” rating to a “hold” rating in a research report on Friday, March 21st. Finally, Kepler Capital Markets raised Airbus Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 28th. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Airbus Group Stock Performance

The firm’s fifty day moving average is $44.87 and its 200-day moving average is $43.33. The company has a current ratio of 1.15, a quick ratio of 0.52 and a debt-to-equity ratio of 0.91. The stock has a market capitalization of $158.56 billion, a PE ratio of 33.19, a price-to-earnings-growth ratio of 6.59 and a beta of 1.30.

Airbus Group (OTCMKTS:EADSY) last announced its quarterly earnings results on Wednesday, April 30th. The aerospace company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.06. The business had revenue of $15.39 billion during the quarter, compared to analysts’ expectations of $13.07 billion. Airbus Group had a net margin of 6.32% and a return on equity of 23.66%. As a group, research analysts anticipate that Airbus Group will post 1.74 earnings per share for the current year.

About Airbus Group

Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services.