MTU Aero Engines (OTCMKTS:MTUAY) Issues Earnings Results

MTU Aero Engines (OTCMKTS:MTUAY) announced its quarterly earnings results on Tuesday. The company reported $2.09 earnings per share (EPS) for the quarter, Zacks reports. MTU Aero Engines had a net margin of 8.64% and a return on equity of 24.62%.

MTU Aero Engines Stock Performance

MTUAY stock opened at $182.70 on Tuesday. The firm has a market cap of $19.67 billion, a P/E ratio of 28.91 and a beta of 1.12. MTU Aero Engines has a 12-month low of $116.89 and a 12-month high of $191.30. The stock’s 50 day simple moving average is $170.73 and its 200 day simple moving average is $169.16. The company has a current ratio of 1.18, a quick ratio of 0.86 and a debt-to-equity ratio of 0.57.

MTU Aero Engines Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Tuesday, May 13th will be given a dividend of $0.8513 per share. The ex-dividend date of this dividend is Monday, May 12th. This represents a dividend yield of 0.47%. This is an increase from MTU Aero Engines’s previous dividend of $0.75. MTU Aero Engines’s dividend payout ratio (DPR) is presently 11.39%.

Wall Street Analysts Forecast Growth

Separately, Kepler Capital Markets raised shares of MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 28th.

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).