Airbus Group (OTCMKTS:EADSY) Trading Down 2.7% - Here's Why

Airbus Group (OTCMKTS:EADSY - Get Free Report)'s share price was down 2.7% during trading on Tuesday . The stock traded as low as $52.13 and last traded at $52.15. Approximately 312,411 shares were traded during mid-day trading, a decline of 42% from the average daily volume of 534,932 shares. The stock had previously closed at $53.57.

Analyst Ratings Changes

Several equities analysts have recently commented on EADSY shares. Berenberg Bank raised Airbus Group from a "sell" rating to a "hold" rating in a research note on Friday, March 21st. Citigroup cut Airbus Group from a "strong-buy" rating to a "hold" rating in a research note on Friday, June 6th. Jefferies Financial Group upgraded Airbus Group from a "hold" rating to a "buy" rating in a research note on Friday, May 2nd. Finally, Kepler Capital Markets upgraded Airbus Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 28th. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy".

Airbus Group Stock Down 2.7%

The company has a debt-to-equity ratio of 0.75, a current ratio of 1.17 and a quick ratio of 0.50. The business has a 50 day simple moving average of $47.98 and a 200 day simple moving average of $44.47. The company has a market capitalization of $164.99 billion, a price-to-earnings ratio of 34.54, a PEG ratio of 7.30 and a beta of 1.31.

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 the consensus estimate of $0.21 by $0.06. The business had revenue of $15.39 billion for the quarter, compared to analysts' expectations of $13.07 billion. Airbus Group had a return on equity of 22.75% and a net margin of 6.32%. As a group, equities analysts predict that Airbus Group will post 1.74 earnings per share 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.

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