MTU Aero Engines (OTCMKTS:MTUAY) Upgraded at Zacks Research

MTU Aero Engines (OTCMKTS:MTUAY) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Thursday,Zacks.com reports.

Several other equities research analysts have also commented on MTUAY. Kepler Capital Markets upgraded shares of MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 7th. BNP Paribas Exane began coverage on shares of MTU Aero Engines in a research note on Monday, April 13th. They issued an “outperform” rating on the stock. Citigroup restated a “sell” rating on shares of MTU Aero Engines in a research note on Wednesday, February 25th. Berenberg Bank lowered shares of MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Finally, UBS Group lowered shares of MTU Aero Engines from a “hold” rating to a “sell” rating in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

MTU Aero Engines Price Performance

Shares of OTCMKTS:MTUAY opened at $158.39 on Thursday. The firm’s 50 day moving average is $184.10 and its two-hundred day moving average is $204.79. MTU Aero Engines has a 52 week low of $157.93 and a 52 week high of $238.57. The firm has a market capitalization of $17.06 billion, a P/E ratio of 14.82 and a beta of 1.02. The company has a current ratio of 1.44, a quick ratio of 1.06 and a debt-to-equity ratio of 0.54.

MTU Aero Engines (OTCMKTS:MTUAY) last announced its quarterly earnings results on Tuesday, February 24th. The company reported $2.67 EPS for the quarter. MTU Aero Engines had a net margin of 11.28% and a return on equity of 24.07%. The company had revenue of $2.83 billion for the quarter. Analysts anticipate that MTU Aero Engines will post 11.47 earnings per share for the current year.

MTU Aero Engines Company Profile

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.