Airbus Group (OTCMKTS:EADSY) Upgraded by Zacks Research to Hold Rating

Key Points

• Airbus Group was upgraded to a "hold" rating by Zacks Research, following earlier ratings from Citigroup and Kepler Capital Markets that varied from strong-buy to hold.
• The stock currently holds a consensus rating of "Moderate Buy" based on assessments from various analysts.
• Airbus reported $0.26 EPS for the last quarter, missing the expected $0.41 EPS, but exceeded revenue expectations with $18.45 billion compared to the forecast of $15.72 billion.

Airbus Group (OTCMKTS:EADSY - Get Free Report) was upgraded by Zacks Research to a "hold" rating in a research report issued on Tuesday, August 12th,Zacks.com reports.

A number of other equities research analysts have also recently issued reports on the stock. Citigroup cut shares of Airbus Group from a "strong-buy" rating to a "hold" rating in a report on Friday, June 6th. Kepler Capital Markets upgraded Airbus Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 28th. Finally, Jefferies Financial Group raised Airbus Group from a "hold" rating to a "buy" rating in a report on Friday, May 2nd. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy".

Airbus Group Stock Performance

EADSY traded down $1.10 during trading hours on Tuesday, hitting $52.09. The stock had a trading volume of 132,952 shares, compared to its average volume of 577,576. Airbus Group has a 1 year low of $34.46 and a 1 year high of $55.00. The company's fifty day simple moving average is $51.30 and its 200 day simple moving average is $46.35. The stock has a market cap of $164.80 billion, a PE ratio of 30.82, a price-to-earnings-growth ratio of 1.26 and a beta of 1.33. The company has a quick ratio of 0.50, a current ratio of 1.17 and a debt-to-equity ratio of 0.75.

Airbus Group (OTCMKTS:EADSY - Get Free Report) last issued its earnings results on Wednesday, July 30th. The aerospace company reported $0.26 earnings per share for the quarter, missing analysts' consensus estimates of $0.41 by ($0.15). Airbus Group had a return on equity of 24.38% and a net margin of 7.01%.The business had revenue of $18.45 billion for the quarter, compared to the consensus estimate of $15.72 billion. Equities analysts anticipate that Airbus Group will post 1.74 earnings per share for the current year.

About Airbus Group

Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services.