Airbus Group (OTCMKTS:EADSY) Hits New 1-Year High - Here's What Happened

Airbus Group (OTCMKTS:EADSY - Get Free Report) reached a new 52-week high on Wednesday . The stock traded as high as $54.85 and last traded at $54.61, with a volume of 300731 shares changing hands. The stock had previously closed at $53.46.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on EADSY shares. Kepler Capital Markets raised Airbus Group from a "hold" rating to a "strong-buy" rating in a report on Monday, April 28th. Jefferies Financial Group raised Airbus Group from a "hold" rating to a "buy" rating in a research report on Friday, May 2nd. Finally, Citigroup lowered Airbus Group from a "strong-buy" rating to a "hold" rating in a research report on Friday, June 6th. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Airbus Group has a consensus rating of "Moderate Buy".

Airbus Group Price Performance

The company has a market capitalization of $167.74 billion, a price-to-earnings ratio of 35.11, a P/E/G ratio of 7.32 and a beta of 1.31. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.50 and a current ratio of 1.17. The business has a 50 day moving average price of $49.31 and a 200-day moving average price of $45.10.

Airbus Group (OTCMKTS:EADSY - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The aerospace company reported $0.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.21 by $0.06. Airbus Group had a return on equity of 22.75% and a net margin of 6.32%. The company had revenue of $15.39 billion for the quarter, compared to the consensus estimate of $13.07 billion. Research analysts predict that Airbus Group will post 1.74 EPS for the current fiscal year.

Airbus Group Company Profile

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.