Airbus (OTCMKTS:EADSY) Sets New 1-Year High - Here's What Happened

Key Points

• Airbus SE's stock price reached a new **52-week high** of **$60.43**, closing at **$59.88** during recent trading, with a volume of **235,956 shares** exchanged.
• The company received positive analyst ratings, with Royal Bank of Canada and Goldman Sachs both issuing a **"buy" rating**, and an overall average rating of **"Moderate Buy"** according to MarketBeat.com.
• Despite reporting a quarterly earnings miss with **$0.26 EPS** against an expected **$0.41**, Airbus exceeded revenue estimates with **$18.45 billion** for the quarter, above the predicted **$15.72 billion**.

Airbus SE - Unsponsored ADR (OTCMKTS:EADSY - Get Free Report)'s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $60.43 and last traded at $59.88, with a volume of 235956 shares traded. The stock had previously closed at $59.34.

Analyst Ratings Changes

Several research firms recently commented on EADSY. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Airbus in a research report on Monday, September 15th. The Goldman Sachs Group began coverage on shares of Airbus in a research report on Friday, September 19th. They issued a "buy" rating on the stock. UBS Group raised shares of Airbus from a "neutral" rating to a "buy" rating in a research report on Thursday, September 4th. Finally, Zacks Research raised shares of Airbus to a "hold" rating in a research report on Tuesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Airbus currently has an average rating of "Moderate Buy".

Airbus Trading Up 0.9%

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 business has a 50-day simple moving average of $56.08 and a two-hundred day simple moving average of $50.07. The stock has a market cap of $189.44 billion, a price-to-earnings ratio of 35.43, a P/E/G ratio of 1.70 and a beta of 1.29.

Airbus (OTCMKTS:EADSY - Get Free Report) last released its quarterly 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). Airbus had a return on equity of 24.38% and a net margin of 7.01%.The firm had revenue of $18.45 billion for the quarter, compared to analyst estimates of $15.72 billion. As a group, research analysts forecast that Airbus SE - Unsponsored ADR will post 1.74 EPS 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.

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