MTU Aero Engines AG (OTCMKTS:MTUAY) Given Average Recommendation of “Hold” by Brokerages

Shares of MTU Aero Engines AG (OTCMKTS:MTUAY) have been given a consensus recommendation of “Hold” by the eleven analysts that are covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company.

Several equities analysts have commented on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of MTU Aero Engines in a research report on Thursday, August 13th. Barclays downgraded MTU Aero Engines from an “equal weight” rating to a “strong sell” rating in a research report on Friday, August 7th. Berenberg Bank lowered MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Jefferies Financial Group restated a “buy” rating on shares of MTU Aero Engines in a research note on Thursday, August 13th. Finally, Zacks Research upgraded MTU Aero Engines from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 14th.

MTU Aero Engines Price Performance

Shares of OTCMKTS MTUAY opened at $215.93 on Wednesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.06 and a current ratio of 1.44. The firm’s 50-day simple moving average is $203.40 and its 200 day simple moving average is $196.66. The stock has a market cap of $23.26 billion, a price-to-earnings ratio of 21.15 and a beta of 1.01. 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 earnings results on Thursday, July 30th. The company reported $2.82 earnings per share for the quarter, missing analysts’ consensus estimates of $2.83 by ($0.01). MTU Aero Engines had a net margin of 10.43% and a return on equity of 23.33%. The company had revenue of $2.83 billion during the quarter, compared to the consensus estimate of $2.60 billion. As a group, research analysts anticipate that MTU Aero Engines will post 11.03 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.