MTU Aero Engines (OTCMKTS:MTUAY) Stock Dropped to Strong Sell by Zacks Research

MTU Aero Engines (OTCMKTS:MTUAY) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued on Wednesday, Zacks reports.

MTUAY has been the topic of a number of other research reports. Citigroup upgraded shares of MTU Aero Engines from a “sell” rating to a “buy” rating in a research note on Thursday, September 24th. Jefferies Financial Group restated a “buy” rating on shares of MTU Aero Engines in a research report on Thursday, August 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of MTU Aero Engines in a research note on Thursday, August 13th. Finally, Barclays cut MTU Aero Engines from an “equal weight” rating to a “strong sell” rating in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, MTU Aero Engines presently has an average rating of “Hold”.

MTU Aero Engines Stock Down 2.0%

MTUAY stock opened at $190.68 on Wednesday. MTU Aero Engines has a 52 week low of $157.93 and a 52 week high of $238.57. The company has a market capitalization of $20.54 billion, a price-to-earnings ratio of 19.24 and a beta of 1.10. The firm’s 50-day moving average is $197.84 and its two-hundred day moving average is $198.20. The company has a current ratio of 1.42, a quick ratio of 1.06 and a debt-to-equity ratio of 0.50.

MTU Aero Engines (OTCMKTS:MTUAY) last issued its quarterly earnings results on Thursday, October 29th. The company reported $2.63 earnings per share for the quarter, hitting analysts’ consensus estimates of $2.63. The company had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.78 billion. MTU Aero Engines had a net margin of 9.87% and a return on equity of 22.52%. On average, analysts forecast that MTU Aero Engines will post 10.64 earnings per share for the current fiscal year.

MTU Aero Engines Company Profile

MTU Aero Engines AG is a Germany-based manufacturer of aircraft engines and engine components. The company develops, produces, and supports commercial and military propulsion systems, as well as industrial gas turbines. Its activities cover the full engine life cycle, including design, engineering, manufacturing, assembly, maintenance, repair, and overhaul.

MTU supplies major engine modules, components, and complete propulsion systems for a range of aircraft. The company participates in international programs such as the Pratt & Whitney GTF family for commercial aircraft, the EJ200 engine for the Eurofighter, and the TP400-D6 engine for the Airbus A400M military transport aircraft.