Airbus (OTCMKTS:EADSY) Reaches New 12-Month High – Time to Buy?

Airbus SE – Unsponsored ADR (OTCMKTS:EADSY) shares reached a new 52-week high during trading on Monday . The company traded as high as $63.35 and last traded at $63.31, with a volume of 50805 shares trading hands. The stock had previously closed at $62.54.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on EADSY shares. Jefferies Financial Group reiterated a “buy” rating on shares of Airbus in a report on Wednesday, December 3rd. Kepler Capital Markets cut shares of Airbus from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 30th. The Goldman Sachs Group initiated coverage on shares of Airbus in a research note on Friday, September 19th. They set a “buy” rating on the stock. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Airbus in a research note on Thursday, October 30th. Five investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Airbus Price Performance

The firm’s fifty day simple moving average is $58.74 and its 200-day simple moving average is $56.34. The company has a quick ratio of 0.43, a current ratio of 1.15 and a debt-to-equity ratio of 0.59. The firm has a market capitalization of $199.13 billion, a PE ratio of 35.85, a PEG ratio of 1.30 and a beta of 1.07.

Airbus (OTCMKTS:EADSY) last posted its earnings results on Wednesday, October 29th. The aerospace company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.05. Airbus had a return on equity of 22.55% and a net margin of 6.97%.The business had revenue of $20.79 billion during the quarter, compared to analyst estimates of $17.12 billion. On average, research analysts forecast that Airbus SE – Unsponsored ADR will post 1.74 earnings per share for the current fiscal year.

About Airbus

Airbus SE is a multinational aerospace and defense company that designs, manufactures and supports a broad range of products and services for civil and military customers worldwide. The company’s activities span commercial aircraft, helicopters, defense and space systems, and a growing portfolio of services that include maintenance, training, digital solutions and aftermarket support. Airbus is organized into major business divisions that reflect these activities and operates an extensive industrial and supplier footprint across multiple countries.

In the commercial aircraft segment Airbus is best known for its A320 family of single-aisle jets and larger widebody models such as the A330 and A350 series, as well as the A380 superjumbo.