MTU Aero Engines (OTCMKTS:MTUAY) Cut to “Hold” at Kepler Capital Markets

Kepler Capital Markets cut shares of MTU Aero Engines (OTCMKTS:MTUAY) from a strong-buy rating to a hold rating in a research report sent to investors on Thursday,Zacks.com reports.

Several other equities analysts have also recently weighed in on MTUAY. Royal Bank Of Canada raised shares of MTU Aero Engines to a “hold” rating in a research report on Tuesday, November 18th. Zacks Research upgraded MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a report on Friday, February 13th. Finally, Citigroup restated a “sell” rating on shares of MTU Aero Engines in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, MTU Aero Engines presently has an average rating of “Hold”.

MTU Aero Engines Stock Performance

Shares of MTUAY stock opened at $214.88 on Thursday. The company has a current ratio of 1.39, a quick ratio of 1.04 and a debt-to-equity ratio of 0.58. The firm has a fifty day simple moving average of $222.50 and a two-hundred day simple moving average of $217.84. MTU Aero Engines has a 12 month low of $145.02 and a 12 month high of $238.57. The firm has a market capitalization of $23.13 billion, a PE ratio of 20.06 and a beta of 1.08.

MTU Aero Engines (OTCMKTS:MTUAY) last released its quarterly earnings data on Tuesday, February 24th. The company reported $2.67 earnings per share for the quarter. The firm had revenue of $2.83 billion for the quarter. MTU Aero Engines had a net margin of 11.74% and a return on equity of 24.66%. Analysts forecast that MTU Aero Engines will post 8.69 EPS for the current fiscal year.

About MTU Aero Engines

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.