MTU Aero Engines (OTCMKTS:MTUAY) Lowered to “Hold” Rating by Zacks Research

MTU Aero Engines (OTCMKTS:MTUAY) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

A number of other equities research analysts have also recently weighed in on MTUAY. Kepler Capital Markets cut MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 26th. Citigroup reissued a “sell” rating on shares of MTU Aero Engines in a report on Wednesday, February 25th. Finally, Royal Bank Of Canada raised MTU Aero Engines to a “hold” rating in a research note on Tuesday, November 18th. Two investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

MTU Aero Engines Stock Down 1.0%

MTU Aero Engines stock opened at $190.73 on Monday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.04 and a current ratio of 1.39. MTU Aero Engines has a one year low of $145.02 and a one year high of $238.57. The company has a 50-day simple moving average of $219.02 and a 200-day simple moving average of $215.67. The firm has a market capitalization of $20.53 billion, a P/E ratio of 17.81 and a beta of 1.09.

MTU Aero Engines (OTCMKTS:MTUAY) last issued 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%. As a group, equities analysts expect that MTU Aero Engines will post 8.69 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.