MTU Aero Engines AG (OTCMKTS:MTUAY) Receives Average Recommendation of "Hold" from Brokerages

Key Points

• MTU Aero Engines has a consensus “Hold” rating from 10 analysts: four rate it a buy, one a strong buy, three a hold, and two a sell.
• Analyst views have shifted, with Citigroup upgrading the stock from sell to buy, while Barclays downgraded it from equal weight to strong sell; Jefferies and Deutsche Bank maintained buy ratings.
• MTU reported quarterly EPS of $2.82, narrowly missing the $2.83 consensus, while revenue of $2.83 billion exceeded estimates of $2.60 billion. Shares opened at $197.33, with a 52-week range of $157.93 to $238.57.

Shares of MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report) have been assigned a consensus rating of "Hold" from the ten research firms that are currently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company.

Several brokerages have weighed in on MTUAY. Citigroup upgraded MTU Aero Engines from a "sell" rating to a "buy" rating in a research report on Thursday, September 24th. Jefferies Financial Group reiterated a "buy" rating on shares of MTU Aero Engines in a report on Thursday, August 13th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of MTU Aero Engines in a research report on Thursday, August 13th. Finally, Barclays downgraded shares of MTU Aero Engines from an "equal weight" rating to a "strong sell" rating in a research note on Friday, August 7th.

MTU Aero Engines Price Performance

Shares of OTCMKTS:MTUAY opened at $197.33 on Thursday. The company's fifty day moving average is $207.07 and its 200 day moving average is $193.58. The company has a quick ratio of 1.06, a current ratio of 1.42 and a debt-to-equity ratio of 0.50. MTU Aero Engines has a 52 week low of $157.93 and a 52 week high of $238.57. The stock has a market cap of $21.26 billion, a PE ratio of 19.33 and a beta of 1.03.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $2.82 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.83 by ($0.01). MTU Aero Engines had a net margin of 10.43% and a return on equity of 22.42%. The company had revenue of $2.83 billion for the quarter, compared to the consensus estimate of $2.60 billion. Research analysts anticipate that MTU Aero Engines will post 11.32 earnings per share for the current year.

About MTU Aero Engines

MTU Aero Engines AG is a Germany-based manufacturer and service provider for aircraft engines. The company develops, manufactures and supports commercial and military engine programs, producing engine modules, components and systems for use in civil and defense aviation.

MTU is also a major provider of engine maintenance, repair and overhaul services. Through its commercial maintenance operations and international partnerships, the company supports airlines, aircraft leasing companies and other aviation customers throughout the life cycle of their engines.

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