MTU Aero Engines (OTCMKTS:MTUAY) Releases Earnings Results

Key Points

• MTU Aero Engines reported quarterly EPS of $2.63, with a 22.42% return on equity and a 10.43% net margin.
• Shares rose $1.14 to $186.66 in midday trading, but remained below their 50-day and 200-day moving averages. The stock has a market capitalization of $20.11 billion and a P/E ratio of 18.28.
• Analyst views are mixed, with recent upgrades and downgrades; MarketBeat reports a consensus rating of Hold from one Strong Buy, four Buys, three Holds, and two Sells.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) released its earnings results on Thursday. The company reported $2.63 EPS for the quarter, Zacks reports. MTU Aero Engines had a return on equity of 22.42% and a net margin of 10.43%.

MTU Aero Engines Stock Performance

MTU Aero Engines stock traded up $1.14 during midday trading on Thursday, hitting $186.66. 28,171 shares of the company were exchanged, compared to its average volume of 28,459. The business has a fifty day simple moving average of $200.24 and a two-hundred day simple moving average of $199.25. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.06 and a current ratio of 1.42. The firm has a market capitalization of $20.11 billion, a PE ratio of 18.28 and a beta of 1.03. MTU Aero Engines has a fifty-two week low of $157.93 and a fifty-two week high of $238.57.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Jefferies Financial Group reissued a "buy" rating on shares of MTU Aero Engines in a research report on Thursday, August 13th. Barclays downgraded shares of MTU Aero Engines from an "equal weight" rating to a "strong sell" rating in a report on Friday, August 7th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of MTU Aero Engines in a research note on Thursday, August 13th. Finally, Citigroup raised shares of MTU Aero Engines from a "sell" rating to a "buy" rating in a report on Thursday, September 24th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold".

About MTU Aero Engines

MTU Aero Engines AG is a Germany-based manufacturer of aircraft engines and engine components. The company develops, produces, and supports commercial and military propulsion systems, as well as industrial gas turbines. Its activities cover the full engine life cycle, including design, engineering, manufacturing, assembly, maintenance, repair, and overhaul.

MTU supplies major engine modules, components, and complete propulsion systems for a range of aircraft. The company participates in international programs such as the Pratt & Whitney GTF family for commercial aircraft, the EJ200 engine for the Eurofighter, and the TP400-D6 engine for the Airbus A400M military transport aircraft.

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