MTU Aero Engines AG (OTCMKTS:MTUAY) Given Average Rating of “Hold” by Brokerages

MTU Aero Engines AG (OTCMKTS:MTUAY) has earned an average recommendation of “Hold” from the nine brokerages that are presently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company.

A number of research firms have commented on MTUAY. UBS Group lowered shares of MTU Aero Engines from a “hold” rating to a “sell” rating in a report on Friday, April 24th. Citigroup reaffirmed a “sell” rating on shares of MTU Aero Engines in a report on Wednesday, February 25th. BNP Paribas Exane started coverage on shares of MTU Aero Engines in a research report on Monday, April 13th. They set an “outperform” rating on the stock. Kepler Capital Markets raised shares of MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 7th. Finally, Zacks Research cut shares of MTU Aero Engines from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 15th.

MTU Aero Engines Price Performance

MTUAY opened at $180.79 on Monday. The company has a fifty day moving average price of $189.27 and a two-hundred day moving average price of $206.86. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.06 and a current ratio of 1.44. MTU Aero Engines has a 52 week low of $164.69 and a 52 week high of $238.57. The firm has a market capitalization of $19.48 billion, a PE ratio of 16.91 and a beta of 1.02.

MTU Aero Engines (OTCMKTS:MTUAY) last released its earnings results on Tuesday, February 24th. The company reported $2.67 EPS for the quarter. MTU Aero Engines had a net margin of 11.28% and a return on equity of 24.07%. The firm had revenue of $2.83 billion during the quarter. As a group, analysts anticipate that MTU Aero Engines will post 11.47 earnings per share for the current year.

About MTU Aero Engines

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.