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 stock 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 equities analysts have recently weighed in on EADSY shares. Jefferies Financial Group upgraded Airbus Group from a "hold" rating to a "buy" rating in a research note on Friday, May 2nd. Kepler Capital Markets upgraded Airbus Group from a "hold" rating to a "strong-buy" rating in a research note 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 investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy".

Airbus Group Stock Up 0.2%

The stock's 50-day moving average price is $50.39 and its two-hundred day moving average price is $45.80. The stock has a market capitalization of $163.59 billion, a P/E ratio of 30.60, a P/E/G ratio of 1.21 and a beta of 1.33. 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 posted its quarterly earnings data on Wednesday, July 30th. The aerospace company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.15). Airbus Group had a net margin of 7.01% and a return on equity of 24.38%. The firm had revenue of $18.45 billion during the quarter, compared to analysts' expectations of $15.72 billion. As a group, research analysts expect that Airbus Group will post 1.74 earnings per share for the current fiscal 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.

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