MTU Aero Engines AG (OTCMKTS:MTUAY) Stock Rated “Hold” by Wall Street Brokerages

MTU Aero Engines AG (OTCMKTS:MTUAY) has been given a consensus recommendation of “Hold” by the ten ratings firms that are currently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company.

Several research firms have weighed in on MTUAY. Jefferies Financial Group reissued a “buy” rating on shares of MTU Aero Engines in a research report on Thursday, August 13th. Zacks Research lowered MTU Aero Engines from a “hold” rating to a “strong sell” rating in a research note on Wednesday, November 4th. Barclays downgraded MTU Aero Engines from an “equal weight” rating to a “strong sell” rating in a report on Friday, August 7th. Citigroup upgraded shares of MTU Aero Engines from a “sell” rating to a “buy” rating in a report on Thursday, September 24th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of MTU Aero Engines in a report on Thursday, August 13th.

MTU Aero Engines Price Performance

Shares of OTCMKTS MTUAY opened at $192.12 on Monday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.06 and a current ratio of 1.42. The company has a market cap of $20.70 billion, a PE ratio of 19.39 and a beta of 1.10. The business has a 50-day simple moving average of $197.50 and a two-hundred day simple moving average of $198.03. MTU Aero Engines has a fifty-two week low of $157.93 and a fifty-two week high of $238.57.

MTU Aero Engines (OTCMKTS:MTUAY) last posted its quarterly earnings data on Thursday, October 29th. The company reported $2.63 earnings per share (EPS) for the quarter, meeting 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 the consensus estimate of $2.78 billion. As a group, equities analysts expect that MTU Aero Engines will post 10.64 EPS for the current fiscal 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.