MTU Aero Engines (OTCMKTS:MTUAY) Lowered to “Hold” Rating by Zacks Research

MTU Aero Engines (OTCMKTS:MTUAY) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Other research analysts also recently issued research reports about the company. The Goldman Sachs Group initiated coverage on MTU Aero Engines in a report on Friday, September 19th. They set a “hold” rating on the stock. Royal Bank Of Canada raised MTU Aero Engines to a “hold” rating in a research note on Tuesday, November 18th. Jefferies Financial Group reissued a “buy” rating on shares of MTU Aero Engines in a research report on Thursday, October 23rd. Finally, UBS Group lowered shares of MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 4th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, MTU Aero Engines has a consensus rating of “Moderate Buy”.

MTU Aero Engines Price Performance

OTCMKTS:MTUAY opened at $205.03 on Tuesday. The firm has a market capitalization of $22.07 billion, a price-to-earnings ratio of 22.21 and a beta of 1.11. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.04 and a current ratio of 1.39. The stock has a fifty day moving average of $211.67 and a 200 day moving average of $215.44. MTU Aero Engines has a 52-week low of $145.02 and a 52-week high of $232.86.

MTU Aero Engines (OTCMKTS:MTUAY) last issued its quarterly earnings results on Thursday, October 23rd. The company reported $2.61 earnings per share (EPS) for the quarter. The firm had revenue of $2.49 billion during the quarter. MTU Aero Engines had a return on equity of 25.61% and a net margin of 10.79%. On average, research analysts expect that MTU Aero Engines will post 8.69 EPS for the current fiscal year.

About MTU Aero Engines

MTU Aero Engines AG, together with its subsidiaries, engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally. It operates through two segments: Original Equipment Manufacturing (OEM Business); and Maintenance, Repair, and Overhaul (MRO Business).