Airbus (OTCMKTS:EADSY) Reaches New 52-Week High - Here's What Happened

Key Points

• Airbus' share price reached a new 52-week high of $58.06 during trading, closing at $57.90 with a total volume of 10,971 shares traded.
• Analyst ratings have been mixed, with Citigroup downgrading the stock to "hold," while UBS upgraded it to "buy," resulting in an overall average rating of "Moderate Buy."
• In its latest quarterly results, Airbus reported $0.26 EPS, missing estimates, but exceeded revenue expectations with $18.45 billion in revenue.

Airbus SE - Unsponsored ADR (OTCMKTS:EADSY - Get Free Report)'s share price reached a new 52-week high during trading on Monday . The company traded as high as $58.06 and last traded at $57.90, with a volume of 10971 shares traded. The stock had previously closed at $56.64.

Analyst Ratings Changes

EADSY has been the topic of several research analyst reports. Citigroup lowered Airbus from a "strong-buy" rating to a "hold" rating in a research note on Friday, June 6th. Zacks Research upgraded shares of Airbus to a "hold" rating in a research report on Tuesday, August 12th. Finally, UBS Group raised shares of Airbus from a "neutral" rating to a "buy" rating in a research note on Thursday, September 4th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy".

Airbus Trading Up 1.9%

The business's fifty day moving average is $52.83 and its 200-day moving average is $47.64. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.50 and a current ratio of 1.17. The firm has a market cap of $182.51 billion, a P/E ratio of 34.14, a price-to-earnings-growth ratio of 1.35 and a beta of 1.31.

Airbus (OTCMKTS:EADSY - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The aerospace company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.15). The business had revenue of $18.45 billion during the quarter, compared to analyst estimates of $15.72 billion. Airbus had a net margin of 7.01% and a return on equity of 24.38%. Analysts predict that Airbus SE - Unsponsored ADR will post 1.74 EPS for the current year.

About Airbus

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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