Airbus Group (OTCMKTS:EADSY) Sets New 52-Week High - Here's Why

Airbus Group (OTCMKTS:EADSY - Get Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $49.58 and last traded at $49.49, with a volume of 70290 shares traded. The stock had previously closed at $48.73.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on EADSY. Jefferies Financial Group upgraded shares of Airbus Group from a "hold" rating to a "buy" rating in a research report on Friday, May 2nd. Citigroup downgraded Airbus Group from a "strong-buy" rating to a "hold" rating in a research note on Friday, June 6th. Morgan Stanley reissued an "overweight" rating on shares of Airbus Group in a research report on Monday, March 10th. Kepler Capital Markets raised Airbus Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 28th. Finally, Berenberg Bank upgraded shares of Airbus Group from a "sell" rating to a "hold" rating in a research note on Friday, March 21st. Three 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. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy".

Airbus Group Stock Performance

The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.52 and a current ratio of 1.15. The firm has a market capitalization of $156.51 billion, a price-to-earnings ratio of 32.76, a PEG ratio of 6.39 and a beta of 1.30. The company has a fifty day moving average of $44.46 and a two-hundred day moving average of $43.24.

Airbus Group (OTCMKTS:EADSY - Get Free Report) last posted 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 net margin of 6.32% and a return on equity of 23.66%. The firm had revenue of $15.39 billion during the quarter, compared to the consensus estimate of $13.07 billion. As a group, equities research analysts predict that Airbus Group will post 1.74 earnings per share for the current fiscal year.

Airbus Group Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, May 9th. Shareholders of record on Wednesday, April 23rd were issued a $0.3871 dividend. The ex-dividend date was Wednesday, April 23rd. This is a boost from Airbus Group's previous dividend of $0.36. Airbus Group's payout ratio is currently 27.15%.

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.

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