Airbus (OTCMKTS:EADSY) Coverage Initiated by Analysts at The Goldman Sachs Group

Key Points

• The Goldman Sachs Group has initiated coverage on Airbus, setting a "buy" rating for the aerospace company's stock.
• Recent analyst ratings for Airbus include upgrades from UBS Group to a "buy" rating, while Citigroup downgraded its rating to "hold."
• Airbus reported quarterly earnings with a miss on earnings per share at $0.26, against consensus expectations of $0.41, but exceeded revenue expectations by earning $18.45 billion.

Analysts at The Goldman Sachs Group started coverage on shares of Airbus (OTCMKTS:EADSY - Get Free Report) in a research note issued to investors on Friday, Marketbeat reports. The brokerage set a "buy" rating on the aerospace company's stock.

A number of other equities analysts have also commented on EADSY. Zacks Research upgraded shares of Airbus to a "hold" rating in a research report on Tuesday, August 12th. UBS Group raised shares of Airbus from a "neutral" rating to a "buy" rating in a report on Thursday, September 4th. Citigroup cut shares of Airbus from a "strong-buy" rating to a "hold" rating in a report on Friday, June 6th. Finally, Royal Bank Of Canada restated an "outperform" rating on shares of Airbus in a research report on Monday, September 15th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Airbus has an average rating of "Moderate Buy".

Airbus Stock Performance

Shares of OTCMKTS:EADSY traded down $0.50 during midday trading on Friday, reaching $57.27. 263,201 shares of the company traded hands, compared to its average volume of 566,933. The company has a quick ratio of 0.50, a current ratio of 1.17 and a debt-to-equity ratio of 0.75. Airbus has a 12 month low of $34.46 and a 12 month high of $58.06. The firm has a market capitalization of $181.19 billion, a price-to-earnings ratio of 33.89, a price-to-earnings-growth ratio of 1.36 and a beta of 1.31. The firm's fifty day moving average price is $53.32 and its two-hundred day moving average price is $48.11.

Airbus (OTCMKTS:EADSY - Get Free Report) last posted its earnings results on Wednesday, July 30th. The aerospace company reported $0.26 earnings per share for the quarter, missing analysts' consensus estimates of $0.41 by ($0.15). The company had revenue of $18.45 billion for the quarter, compared to analysts' expectations of $15.72 billion. Airbus had a net margin of 7.01% and a return on equity of 24.38%. On average, equities analysts expect that Airbus will post 1.74 earnings per share for the current year.

Airbus 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.