MTU Aero Engines (OTCMKTS:MTUAY) Reaches New 1-Year High – Still a Buy?

MTU Aero Engines AG (OTCMKTS:MTUAY) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $230.00 and last traded at $229.99, with a volume of 14410 shares traded. The stock had previously closed at $219.72.

Analyst Ratings Changes

Several brokerages have issued reports on MTUAY. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of MTU Aero Engines in a research note on Thursday, August 14th. Zacks Research downgraded shares of MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a research note on Monday. UBS Group downgraded shares of MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 4th. Finally, The Goldman Sachs Group began coverage on shares of MTU Aero Engines in a research note on Friday, September 19th. They issued a “hold” rating for the company. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

MTU Aero Engines Stock Up 4.7%

The company’s 50 day moving average price is $218.54 and its two-hundred day moving average price is $200.44. The company has a quick ratio of 1.04, a current ratio of 1.39 and a debt-to-equity ratio of 0.58. The stock has a market cap of $24.76 billion, a P/E ratio of 26.56 and a beta of 1.34.

MTU Aero Engines (OTCMKTS:MTUAY) last posted its quarterly earnings results on Thursday, July 24th. The company reported $2.71 earnings per share for the quarter. MTU Aero Engines had a net margin of 10.60% and a return on equity of 24.07%. The firm had revenue of $2.37 billion during the quarter. As a group, research analysts expect that MTU Aero Engines AG will post 8.69 earnings per share for the current year.

MTU Aero Engines Company Profile

MTU Aero Engines AG, together with its subsidiaries, engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally. It operates through two segments: Original Equipment Manufacturing (OEM Business); and Maintenance, Repair, and Overhaul (MRO Business).