Airbus SE – Unsponsored ADR (OTCMKTS:EADSY) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Airbus SE – Unsponsored ADR (OTCMKTS:EADSY) have been given an average recommendation of “Moderate Buy” by the thirteen brokerages that are presently covering the company, MarketBeat reports. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company.

Several research analysts have recently weighed in on EADSY shares. Kepler Capital Markets upgraded Airbus from a “hold” rating to a “buy” rating in a report on Thursday, June 18th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Airbus in a report on Friday, July 10th. Zacks Research upgraded Airbus from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th. Morgan Stanley reissued an “overweight” rating on shares of Airbus in a research note on Friday, August 14th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Airbus in a report on Thursday, July 16th.

Institutional Investors Weigh In On Airbus

A hedge fund recently raised its position in Airbus stock. Madison Asset Management LLC increased its position in shares of Airbus SE – Unsponsored ADR (OTCMKTS:EADSY) by 10.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 68,768 shares of the aerospace company’s stock after purchasing an additional 6,661 shares during the period. Madison Asset Management LLC’s holdings in Airbus were worth $3,824,000 at the end of the most recent quarter. 0.25% of the stock is currently owned by institutional investors and hedge funds.

Airbus Price Performance

Shares of OTCMKTS EADSY opened at $59.00 on Tuesday. The firm has a 50-day simple moving average of $57.97 and a 200-day simple moving average of $53.53. The stock has a market capitalization of $186.19 billion, a price-to-earnings ratio of 26.94, a price-to-earnings-growth ratio of 2.33 and a beta of 1.07. The company has a quick ratio of 0.50, a current ratio of 1.16 and a debt-to-equity ratio of 0.53. Airbus has a 52 week low of $45.01 and a 52 week high of $64.35.

Airbus (OTCMKTS:EADSY) last announced its quarterly earnings data on Wednesday, July 29th. The aerospace company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.03. The company had revenue of $23.36 billion during the quarter, compared to analysts’ expectations of $23.20 billion. Airbus had a net margin of 7.71% and a return on equity of 24.14%. On average, equities analysts predict that Airbus will post 2.06 earnings per share for the current fiscal year.

About Airbus

Airbus SE is a multinational aerospace and defense company that designs, manufactures and supports a broad range of products and services for civil and military customers worldwide. The company’s activities span commercial aircraft, helicopters, defense and space systems, and a growing portfolio of services that include maintenance, training, digital solutions and aftermarket support. Airbus is organized into major business divisions that reflect these activities and operates an extensive industrial and supplier footprint across multiple countries.

In the commercial aircraft segment Airbus is best known for its A320 family of single-aisle jets and larger widebody models such as the A330 and A350 series, as well as the A380 superjumbo.