MTU Aero Engines (OTCMKTS:MTUAY) Issues Quarterly Earnings Results, Misses Estimates By $0.01 EPS

MTU Aero Engines (OTCMKTS:MTUAYGet Free Report) released its quarterly earnings results on Thursday. The company reported $2.82 EPS for the quarter, missing analysts’ consensus estimates of $2.83 by ($0.01), Zacks reports. MTU Aero Engines had a net margin of 11.28% and a return on equity of 24.07%.

MTU Aero Engines Trading Up 0.8%

MTUAY stock opened at $207.80 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.44 and a debt-to-equity ratio of 0.54. MTU Aero Engines has a twelve month low of $157.93 and a twelve month high of $238.57. The company has a market cap of $22.39 billion, a P/E ratio of 19.44 and a beta of 1.01. The business has a fifty day moving average of $192.88 and a 200-day moving average of $197.37.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Kepler Capital Markets upgraded shares of MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 7th. Zacks Research upgraded MTU Aero Engines from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 14th. UBS Group cut MTU Aero Engines from a “hold” rating to a “sell” rating in a report on Friday, April 24th. Berenberg Bank lowered MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Finally, BNP Paribas Exane initiated coverage on MTU Aero Engines in a report on Monday, April 13th. They set an “outperform” rating on the stock. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold”.

View 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.

See Also

Earnings History for MTU Aero Engines (OTCMKTS:MTUAY)

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