Airbus (OTCMKTS:EADSY) Sees Large Volume Increase – Time to Buy?

Airbus SE – Unsponsored ADR (OTCMKTS:EADSY) shares saw unusually-high trading volume on Wednesday. 1,722,260 shares were traded during trading, an increase of 182% from the average daily volume of 611,405 shares. The stock last traded at $56.25 and had previously closed at $53.82.

Analyst Upgrades and Downgrades

EADSY has been the subject of several recent research reports. Morgan Stanley restated an “overweight” rating on shares of Airbus in a report on Friday, August 14th. Royal Bank Of Canada reissued an “outperform” rating on shares of Airbus in a research report on Thursday, July 16th. Jefferies Financial Group restated a “hold” rating on shares of Airbus in a report on Wednesday, October 28th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Airbus in a research note on Wednesday, July 22nd. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Airbus has an average rating of “Moderate Buy”.

Airbus Price Performance

The company has a current ratio of 1.15, a quick ratio of 0.41 and a debt-to-equity ratio of 0.55. The business has a 50-day moving average of $55.18 and a 200 day moving average of $54.34. The firm has a market capitalization of $177.23 billion, a PE ratio of 24.74, a price-to-earnings-growth ratio of 2.04 and a beta of 1.15.

Airbus (OTCMKTS:EADSY) last released its quarterly earnings results on Wednesday, October 28th. The aerospace company reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. Airbus had a net margin of 8.05% and a return on equity of 23.75%. The company had revenue of $19.44 billion for the quarter, compared to analyst estimates of $20.28 billion. As a group, research analysts anticipate that Airbus SE – Unsponsored ADR will post 2.03 EPS for the current fiscal year.

Hedge Funds Weigh In On Airbus

An institutional investor recently raised its position in Airbus stock. Madison Asset Management LLC lifted its holdings in Airbus SE – Unsponsored ADR (OTCMKTS:EADSY) by 10.7% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 68,768 shares of the aerospace company’s stock after buying an additional 6,661 shares during the period. Madison Asset Management LLC’s holdings in Airbus were worth $3,824,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.25% of the company’s stock.

Airbus Company Profile

Airbus SE is a global aerospace and defense company headquartered in the Netherlands, with major operations across Europe and a presence in markets worldwide. The company designs, manufactures and supports commercial aircraft, military aircraft, helicopters, spacecraft and related systems and services.

Through its Commercial Aircraft business, Airbus produces passenger aircraft ranging from single-aisle models in the A220 and A320 families to wide-body aircraft in the A330 and A350 families.