Airbus (OTCMKTS:EADSY) Cut to Strong Sell at Zacks Research

Airbus (OTCMKTS:EADSY) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Several other equities analysts have also recently issued reports on EADSY. Rothschild & Co Redburn cut Airbus from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 23rd. Jefferies Financial Group reaffirmed a “hold” rating on shares of Airbus in a research note on Friday, February 20th. Erste Group Bank cut shares of Airbus from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. Finally, Citigroup raised shares of Airbus from a “neutral” rating to a “buy” rating in a research report on Thursday, March 5th. Four research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Airbus Stock Performance

Airbus stock opened at $47.25 on Monday. The company has a current ratio of 1.16, a quick ratio of 0.50 and a debt-to-equity ratio of 0.53. The firm has a market cap of $149.11 billion, a P/E ratio of 25.00, a P/E/G ratio of 1.20 and a beta of 1.05. Airbus has a 1-year low of $36.28 and a 1-year high of $64.35. The firm has a 50-day moving average of $53.46 and a 200-day moving average of $57.10.

Airbus (OTCMKTS:EADSY) last announced its quarterly earnings results on Thursday, February 19th. The aerospace company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.07. The company had revenue of $30.25 billion for the quarter, compared to the consensus estimate of $33.55 billion. Airbus had a return on equity of 22.35% and a net margin of 7.15%. Sell-side analysts expect that Airbus will post 1.74 EPS for the current 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.