MTU Aero Engines (OTCMKTS:MTUAY – Get Free Report) issued its quarterly earnings data on Wednesday. The company reported $2.16 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.12, Zacks reports. MTU Aero Engines had a return on equity of 23.13% and a net margin of 10.16%.
MTU Aero Engines Price Performance
Shares of MTUAY opened at $171.79 on Thursday. The firm has a 50-day simple moving average of $169.89 and a two-hundred day simple moving average of $162.21. The stock has a market cap of $18.49 billion, a PE ratio of 25.97 and a beta of 1.44. MTU Aero Engines has a 1-year low of $112.22 and a 1-year high of $182.65. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.18 and a quick ratio of 0.86.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group upgraded MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a report on Monday, November 11th.
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).
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