MTU Aero Engines (OTCMKTS:MTUAY) Announces Earnings Results

Key Points

• MTU Aero Engines reported earnings of $2.61 EPS for the quarter, with a return on equity of 24.07% and a net margin of 10.60%.
• Despite trading up 0.4% to $222.00, the company faces mixed analyst ratings, with a current consensus rating of "Moderate Buy".
• The stock has a market capitalization of $23.90 billion and a P/E ratio of 25.63, indicating strong valuation metrics.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) announced its earnings results on Thursday. The company reported $2.61 EPS for the quarter, Zacks reports. MTU Aero Engines had a return on equity of 24.07% and a net margin of 10.60%.

MTU Aero Engines Trading Up 0.4%

Shares of OTCMKTS:MTUAY traded up $0.97 during trading hours on Thursday, hitting $222.00. 693 shares of the company's stock traded hands, compared to its average volume of 12,069. MTU Aero Engines has a 1 year low of $145.02 and a 1 year high of $232.86. The business has a fifty day moving average price of $220.32 and a 200-day moving average price of $205.28. The firm has a market capitalization of $23.90 billion, a P/E ratio of 25.63 and a beta of 1.31. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.39 and a quick ratio of 1.04.

Analyst Ratings Changes

MTUAY has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of MTU Aero Engines in a report on Thursday, August 14th. The Goldman Sachs Group initiated coverage on MTU Aero Engines in a report on Friday, September 19th. They set a "hold" rating on the stock. UBS Group cut MTU Aero Engines from a "strong-buy" rating to a "hold" rating in a report on Thursday, September 4th. Finally, Zacks Research cut MTU Aero Engines from a "strong-buy" rating to a "hold" rating in a report on Monday, September 29th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy".

About MTU Aero Engines

MTU Aero Engines AG, together with its subsidiaries, engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally. It operates through two segments: Original Equipment Manufacturing (OEM Business); and Maintenance, Repair, and Overhaul (MRO Business).

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