Airbus (OTCMKTS:EADSY) Raised to “Hold” at Zacks Research

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

Other analysts have also issued reports about the stock. Jefferies Financial Group reaffirmed a “hold” rating on shares of Airbus in a research note on Friday, February 20th. UBS Group restated a “buy” rating on shares of Airbus in a report on Friday, April 10th. Citigroup raised shares of Airbus from a “neutral” rating to a “buy” rating in a research note on Thursday, March 5th. Rothschild & Co Redburn lowered Airbus from a “strong-buy” rating to a “hold” rating in a report on Monday, February 23rd. Finally, Erste Group Bank cut Airbus from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. Four analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Airbus Price Performance

EADSY stock opened at $49.85 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. Airbus has a one year low of $45.01 and a one year high of $64.35. The firm has a market capitalization of $157.31 billion, a PE ratio of 27.09, a P/E/G ratio of 1.85 and a beta of 1.10. The firm has a 50-day moving average of $49.48 and a two-hundred day moving average of $54.71.

Airbus (OTCMKTS:EADSY) last posted its quarterly earnings data on Tuesday, April 28th. The aerospace company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.09. Airbus had a net margin of 6.92% and a return on equity of 20.90%. The company had revenue of $14.80 billion during the quarter, compared to analyst estimates of $14.83 billion. On average, analysts forecast that Airbus will post 2.1 earnings per share for the current year.

Airbus Company Profile

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.