Airbus Group (OTCMKTS:EADSY) Trading Up 0.2% - Here's Why

Key Points

• Airbus Group's share price increased by 0.2%, closing at $51.71, with a trading volume that was 61% lower than its average.
• Analysts have mixed ratings for Airbus, with Jefferies upgrading it to buy and Kepler to strong-buy, while Citigroup downgraded it to hold, leading to an average rating of Moderate Buy.
• The company reported a Q2 EPS of $0.26, missing expectations, but its revenue of $18.45 billion exceeded analyst predictions.

Airbus Group (OTCMKTS:EADSY - Get Free Report)'s share price was up 0.2% during trading on Thursday . The company traded as high as $52.02 and last traded at $51.71. Approximately 186,677 shares traded hands during trading, a decline of 61% from the average daily volume of 483,826 shares. The stock had previously closed at $51.62.

Analysts Set New Price Targets

A number of analysts have recently issued reports on EADSY shares. Jefferies Financial Group raised shares of Airbus Group from a "hold" rating to a "buy" rating in a research note on Friday, May 2nd. Kepler Capital Markets raised shares of Airbus Group from a "hold" rating to a "strong-buy" rating in a report on Monday, April 28th. Finally, Citigroup lowered Airbus Group from a "strong-buy" rating to a "hold" rating in a research report on Friday, June 6th. Two equities research 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 MarketBeat.com, Airbus Group has a consensus rating of "Moderate Buy".

Airbus Group Stock Down 0.9%

The company has a market capitalization of $160.87 billion, a P/E ratio of 30.09, a PEG ratio of 1.20 and a beta of 1.33. The firm's 50 day moving average price is $50.50 and its two-hundred day moving average price is $45.90. The company has a current ratio of 1.17, a quick ratio of 0.50 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 (EPS) for the quarter, missing analysts' consensus estimates of $0.41 by ($0.15). Airbus Group had a net margin of 7.01% and a return on equity of 24.38%. The business had revenue of $18.45 billion for the quarter, compared to the consensus estimate of $15.72 billion. Equities research analysts forecast that Airbus Group will post 1.74 EPS 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.