Airbus (OTCMKTS:EADSY) Lowered to Hold Rating by Citigroup

Citigroup cut shares of Airbus (OTCMKTS:EADSY) from a strong-buy rating to a hold rating in a research note released on Friday morning,Zacks.com reports.

EADSY has been the topic of a number of other research reports. Berenberg Bank upgraded shares of Airbus from a “sell” rating to a “hold” rating in a research report on Friday, March 21st. Morgan Stanley restated an “overweight” rating on shares of Airbus in a research report on Monday, March 10th. Jefferies Financial Group upgraded shares of Airbus from a “hold” rating to a “buy” rating in a research report on Friday, May 2nd. Finally, Kepler Capital Markets raised shares of Airbus from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 28th. Three analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Airbus Stock Down 0.2%

EADSY stock opened at $47.09 on Friday. The company’s 50 day simple moving average is $42.86 and its 200-day simple moving average is $42.57. The firm has a market capitalization of $148.98 billion, a PE ratio of 32.70, a P/E/G ratio of 2.65 and a beta of 1.30. Airbus has a 12 month low of $34.10 and a 12 month high of $48.76. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.15 and a quick ratio of 0.44.

Airbus (OTCMKTS:EADSY) last released its quarterly earnings results on Wednesday, April 30th. The aerospace company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.21 by $0.06. The business had revenue of $15.39 billion for the quarter, compared to analyst estimates of $13.07 billion. Airbus had a net margin of 6.10% and a return on equity of 23.22%. Equities analysts expect that Airbus will post 1.74 earnings per share for the current fiscal year.

Airbus Increases Dividend

The business also recently declared a dividend, which was paid on Friday, May 9th. Shareholders of record on Wednesday, April 23rd were paid a dividend of $0.3871 per share. The ex-dividend date of this dividend was Wednesday, April 23rd. This is an increase from Airbus’s previous dividend of $0.36. Airbus’s dividend payout ratio (DPR) is currently 27.15%.

Airbus Company Profile

Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services.