Airbus (OTCMKTS:EADSY) Raised to Buy at Citigroup

Key Points

• Citigroup upgraded Airbus (OTCMKTS:EADSY) from "neutral" to "buy" on Thursday, joining an analyst mix that now counts five Buy and five Hold ratings and an average consensus of "Moderate Buy."
• Airbus beat EPS but missed revenue expectations — the company reported $0.95 EPS vs. $0.88 expected and $30.25B in revenue vs. $33.55B estimated, and shares traded up to $51.88; the stock carries a P/E of 27.45 and a market cap of about $163.7B.

Airbus (OTCMKTS:EADSY - Get Free Report) was upgraded by investment analysts at Citigroup from a "neutral" rating to a "buy" rating in a report released on Thursday, MarketBeat Ratings reports.

Several other research firms have also recently commented on EADSY. Rothschild & Co Redburn lowered shares of Airbus from a "strong-buy" rating to a "hold" rating in a report on Monday, February 23rd. Jefferies Financial Group reissued a "hold" rating on shares of Airbus in a research note on Friday, February 20th. Five analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat, Airbus currently has an average rating of "Moderate Buy".

Airbus Stock Performance

Shares of EADSY traded up $0.47 during mid-day trading on Thursday, reaching $51.88. The company had a trading volume of 44,505 shares, compared to its average volume of 731,610. The stock has a market capitalization of $163.73 billion, a P/E ratio of 27.45, a PEG ratio of 1.33 and a beta of 1.05. Airbus has a 52-week low of $36.28 and a 52-week high of $64.35. The stock has a 50 day moving average of $58.15 and a two-hundred day moving average of $57.74. The company has a quick ratio of 0.43, a current ratio of 1.15 and a debt-to-equity ratio of 0.59.

Airbus (OTCMKTS:EADSY - Get Free Report) last announced its quarterly earnings results on Thursday, February 19th. The aerospace company reported $0.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.88 by $0.07. Airbus had a net margin of 7.15% and a return on equity of 23.20%. The firm had revenue of $30.25 billion for the quarter, compared to the consensus estimate of $33.55 billion. On average, analysts expect that Airbus will post 1.74 earnings per share for the current year.

Airbus Company Profile

Airbus SE is a multinational aerospace and defense company that designs, manufactures and supports a broad range of products and services for civil and military customers worldwide. The company's activities span commercial aircraft, helicopters, defense and space systems, and a growing portfolio of services that include maintenance, training, digital solutions and aftermarket support. Airbus is organized into major business divisions that reflect these activities and operates an extensive industrial and supplier footprint across multiple countries.

In the commercial aircraft segment Airbus is best known for its A320 family of single-aisle jets and larger widebody models such as the A330 and A350 series, as well as the A380 superjumbo.

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