MTU Aero Engines AG (OTCMKTS:MTUAY) Given Average Rating of "Hold" by Brokerages

Key Points

• MTU Aero Engines has a consensus “Hold” rating from 11 analysts: three sell ratings, four holds, three buys and one strong buy. Recent recommendations were mixed, including UBS downgrading the stock to sell while Jefferies and Deutsche Bank reiterated buy ratings.
• The shares opened at $215.93 after reportedly declining 2.2%, with a market capitalization of $23.26 billion and a P/E ratio of 21.15. The stock has traded between $157.93 and $238.57 over the past year.
• MTU narrowly missed quarterly EPS expectations, reporting $2.82 versus the $2.83 consensus, but revenue of $2.83 billion exceeded estimates of $2.60 billion. Analysts expect full-year EPS of approximately $11.03.

Shares of MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report) have received a consensus rating of "Hold" from the eleven research firms that are currently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company.

Several research analysts recently issued reports on MTUAY shares. UBS Group lowered MTU Aero Engines from a "hold" rating to a "sell" rating in a research report on Friday, April 24th. Jefferies Financial Group reissued a "buy" rating on shares of MTU Aero Engines in a research note on Thursday, August 13th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of MTU Aero Engines in a research report on Thursday, August 13th. Zacks Research raised MTU Aero Engines from a "strong sell" rating to a "hold" rating in a research note on Thursday, May 14th. Finally, Berenberg Bank cut MTU Aero Engines from a "strong-buy" rating to a "hold" rating in a report on Monday, May 11th.

MTU Aero Engines Trading Down 2.2%

Shares of MTUAY stock opened at $215.93 on Wednesday. The company has a current ratio of 1.44, a quick ratio of 1.06 and a debt-to-equity ratio of 0.54. The stock has a market cap of $23.26 billion, a P/E ratio of 21.15 and a beta of 1.01. The stock has a 50 day simple moving average of $203.40 and a 200 day simple moving average of $196.66. MTU Aero Engines has a 1 year low of $157.93 and a 1 year high of $238.57.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $2.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.83 by ($0.01). The firm had revenue of $2.83 billion for the quarter, compared to analyst estimates of $2.60 billion. MTU Aero Engines had a return on equity of 23.33% and a net margin of 10.43%. On average, research analysts predict that MTU Aero Engines will post 11.03 earnings per share for the current fiscal year.

MTU Aero Engines Company Profile

MTU Aero Engines AG is a German aircraft engine manufacturer headquartered in Munich that develops, manufactures and services commercial and military aero engines as well as industrial gas turbines. The company's activities span the entire engine lifecycle, from conceptual design and development through production of modules and components to aftermarket maintenance, repair and overhaul (MRO). MTU supplies parts and technical solutions for a broad range of jet engines and turbomachinery used by airlines, MRO providers and defense customers.

In addition to core engine development and manufacturing, MTU offers comprehensive aftermarket services including scheduled and unscheduled maintenance, spare parts distribution, repair technologies and fleet support programs.

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