MTU Aero Engines AG (OTCMKTS:MTUAY) Given Average Rating of “Hold” by Brokerages

MTU Aero Engines AG (OTCMKTS:MTUAY) has received a consensus recommendation of “Hold” from the eight ratings firms that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation and two have assigned a buy recommendation to the company.

A number of analysts have recently commented on MTUAY shares. Zacks Research cut shares of MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Citigroup reiterated a “sell” rating on shares of MTU Aero Engines in a research note on Wednesday, February 25th. Finally, Kepler Capital Markets cut shares of MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 26th.

MTU Aero Engines Trading Down 4.4%

MTUAY opened at $176.71 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.39 and a debt-to-equity ratio of 0.58. MTU Aero Engines has a 52 week low of $145.02 and a 52 week high of $238.57. The stock has a market cap of $19.02 billion, a PE ratio of 16.50 and a beta of 1.09. The business has a 50 day moving average of $217.22 and a 200-day moving average of $215.11.

MTU Aero Engines (OTCMKTS:MTUAY) last issued its quarterly earnings results on Tuesday, February 24th. The company reported $2.67 earnings per share for the quarter. The company had revenue of $2.83 billion for the quarter. MTU Aero Engines had a return on equity of 24.66% and a net margin of 11.74%. Equities research analysts predict that MTU Aero Engines will post 8.69 earnings per share 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.