MTU Aero Engines AG (OTCMKTS:MTUAY – Get Free Report) crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $197.92 and traded as high as $201.26. MTU Aero Engines shares last traded at $200.23, with a volume of 15,195 shares trading hands.
Analyst Ratings Changes
MTUAY has been the subject of a number of recent research reports. Citigroup upgraded shares of MTU Aero Engines from a “sell” rating to a “buy” rating in a report on Thursday, September 24th. Barclays cut shares of MTU Aero Engines from an “equal weight” rating to a “strong sell” rating in a research note on Friday, August 7th. Jefferies Financial Group reaffirmed a “buy” rating on shares of MTU Aero Engines in a report on Thursday, August 13th. Zacks Research cut shares of MTU Aero Engines from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 4th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of MTU Aero Engines in a research report on Thursday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, two have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold”.
Read Our Latest Research Report on MTU Aero Engines
MTU Aero Engines Stock Up 4.2%
The company has a quick ratio of 1.06, a current ratio of 1.42 and a debt-to-equity ratio of 0.50. The company has a 50-day simple moving average of $197.36 and a two-hundred day simple moving average of $197.92. The stock has a market cap of $21.57 billion, a P/E ratio of 20.20 and a beta of 1.10.
MTU Aero Engines (OTCMKTS:MTUAY – Get Free Report) last issued its earnings results on Thursday, October 29th. The company reported $2.63 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.63. MTU Aero Engines had a net margin of 9.87% and a return on equity of 22.52%. The firm had revenue of $2.79 billion for the quarter, compared to analysts’ expectations of $2.78 billion. On average, equities analysts forecast that MTU Aero Engines AG will post 10.64 EPS for the current year.
About MTU Aero Engines
MTU Aero Engines AG is a German aerospace company that develops, manufactures and supports engines and engine components for commercial and military aircraft. Its work includes designing and producing specialized modules and parts, such as high-pressure compressors and low-pressure turbines, often in collaboration with international engine manufacturers.
The company also provides maintenance, repair and overhaul services for aircraft engines and components. Through facilities and service operations in multiple regions, MTU supports airlines, engine manufacturers and other customers around the world.
MTU traces its roots to German aircraft-engine operations dating to the 1930s and took the MTU name in 1969.
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