MTU Aero Engines AG (OTCMKTS:MTUAY) Receives Average Recommendation of “Hold” from Brokerages

MTU Aero Engines AG (OTCMKTS:MTUAY) has received an average rating of “Hold” from the eleven brokerages that are covering the company, MarketBeat.com reports. Three analysts have rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company.

Several equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of MTU Aero Engines in a research report on Thursday, August 13th. Barclays lowered shares of MTU Aero Engines from an “equal weight” rating to a “strong sell” rating in a research note on Friday, August 7th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of MTU Aero Engines in a report on Thursday, August 13th.

MTU Aero Engines Stock Up 2.2%

OTCMKTS:MTUAY opened at $199.42 on Friday. MTU Aero Engines has a 1 year low of $157.93 and a 1 year high of $238.57. The stock has a 50-day moving average price of $206.01 and a two-hundred day moving average price of $193.84. The stock has a market cap of $21.49 billion, a price-to-earnings ratio of 19.53 and a beta of 1.02. The company has a current ratio of 1.42, a quick ratio of 1.06 and a debt-to-equity ratio of 0.50.

MTU Aero Engines (OTCMKTS:MTUAY) last released its quarterly earnings results on Thursday, July 30th. The company reported $2.82 EPS for the quarter, missing analysts’ consensus estimates of $2.83 by ($0.01). MTU Aero Engines had a return on equity of 22.42% and a net margin of 10.43%.The business had revenue of $2.83 billion for the quarter, compared to analyst estimates of $2.60 billion. As a group, equities analysts expect that MTU Aero Engines will post 11.32 earnings per share for the current year.

MTU Aero Engines Company Profile

MTU Aero Engines AG is a Germany-based manufacturer and service provider for aircraft engines. The company develops, produces and supports commercial and military engine programs, as well as engine modules and components for aircraft and industrial applications.

Its activities include the design and manufacture of high-pressure compressors, turbine components and other engine systems. MTU also provides maintenance, repair and overhaul services for commercial and military engines, helping airlines, armed forces and other operators maintain and extend the service life of their fleets.

Headquartered in Munich, Germany, MTU Aero Engines serves customers and partners internationally through its own operations and joint ventures with major aerospace companies.