Airbus (OTCMKTS:EADSY) Rating Lowered to "Hold" at Erste Group Bank

Key Points

• Erste Group Bank downgraded Airbus from a "strong-buy" to a Hold, and analyst coverage is mixed (five Buy vs. six Hold), leaving a MarketBeat consensus rating of Hold.
• In the latest quarter Airbus beat EPS estimates ($0.95 vs. $0.88) but missed on revenue ($30.25B vs. $33.55B); the stock opened at $50.86 and sits in a 52‑week range of $36.28–$64.35.

Airbus (OTCMKTS:EADSY - Get Free Report) was downgraded by Erste Group Bank from a "strong-buy" rating to a "hold" rating in a research report issued on Thursday,Zacks.com reports.

A number of other research firms also recently weighed in on EADSY. Rothschild & Co Redburn downgraded Airbus from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 23rd. Citigroup upgraded shares of Airbus from a "neutral" rating to a "buy" rating in a report on Thursday. Finally, Jefferies Financial Group reissued a "hold" rating on shares of Airbus in a report on Friday, February 20th. Five research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold".

Airbus Stock Down 0.7%

EADSY opened at $50.86 on Thursday. Airbus has a fifty-two week low of $36.28 and a fifty-two week high of $64.35. The company has a market capitalization of $160.50 billion, a P/E ratio of 26.91, a P/E/G ratio of 1.33 and a beta of 1.05. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.15 and a quick ratio of 0.43. The firm's fifty day moving average price is $58.02 and its two-hundred day moving average price is $57.69.

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