MTU Aero Engines (OTCMKTS:MTUAY) Raised to Strong-Buy at Kepler Capital Markets

MTU Aero Engines (OTCMKTS:MTUAY) was upgraded by equities research analysts at Kepler Capital Markets from a “hold” rating to a “strong-buy” rating in a research report issued on Tuesday,Zacks.com reports.

Other equities research analysts have also issued research reports about the stock. Citigroup restated a “sell” rating on shares of MTU Aero Engines in a research note on Wednesday, February 25th. Zacks Research lowered shares of MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold”.

MTU Aero Engines Stock Performance

Shares of MTU Aero Engines stock opened at $184.27 on Tuesday. The firm has a market cap of $19.85 billion, a PE ratio of 17.21 and a beta of 1.16. The firm’s 50-day simple moving average is $206.76 and its 200-day simple moving average is $212.37. 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 1 year low of $146.31 and a 1 year high of $238.57.

MTU Aero Engines (OTCMKTS:MTUAY) last issued its earnings results on Tuesday, February 24th. The company reported $2.67 earnings per share (EPS) for the quarter. The business had revenue of $2.83 billion for the quarter. MTU Aero Engines had a net margin of 11.74% and a return on equity of 23.32%. Equities analysts forecast that MTU Aero Engines will post 8.69 earnings per share for the current fiscal 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.