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

Shares of MTU Aero Engines AG (OTCMKTS:MTUAY) have earned an average rating of “Hold” from the eight brokerages that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company.

A number of equities analysts have recently issued reports on MTUAY shares. Kepler Capital Markets downgraded MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a research note on Thursday. Zacks Research upgraded MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 13th. Citigroup reissued a “sell” rating on shares of MTU Aero Engines in a report on Wednesday. Finally, Royal Bank Of Canada raised shares of MTU Aero Engines to a “hold” rating in a research note on Tuesday, November 18th.

MTU Aero Engines Price Performance

Shares of OTCMKTS MTUAY opened at $214.88 on Wednesday. The stock has a market cap of $23.13 billion, a P/E ratio of 20.06 and a beta of 1.08. MTU Aero Engines has a twelve month low of $145.02 and a twelve month high of $238.57. The stock has a 50 day moving average of $222.50 and a two-hundred day moving average of $217.91. The company has a current ratio of 1.39, a quick ratio of 1.04 and a debt-to-equity ratio of 0.58.

MTU Aero Engines (OTCMKTS:MTUAY) last announced its earnings results on Tuesday, February 24th. The company reported $2.67 EPS for the quarter. MTU Aero Engines had a net margin of 11.74% and a return on equity of 24.66%. The business had revenue of $2.83 billion for the quarter. On average, research analysts forecast that MTU Aero Engines will post 8.69 earnings per share for the current year.

MTU Aero Engines Company Profile

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.