MTU Aero Engines (OTCMKTS:MTUAY) Downgraded to Hold Rating by Zacks Research

Key Points

• MTU Aero Engines has been downgraded from a "strong-buy" rating to a "hold" by Zacks Research, following similar actions from UBS Group and Goldman Sachs Group.
• Analysts currently rate the stock with an average of "Moderate Buy," with one Strong Buy, one Buy, and three Hold ratings.
• The company reported a net margin of 10.60% and a return on equity of 24.07%, with quarterly earnings of $2.71 EPS and revenue of $2.37 billion.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) was downgraded by equities research analysts at Zacks Research from a "strong-buy" rating to a "hold" rating in a report issued on Monday,Zacks.com reports.

A number of other research analysts have also recently commented on the stock. UBS Group cut shares of MTU Aero Engines from a "strong-buy" rating to a "hold" rating in a report on Thursday, September 4th. The Goldman Sachs Group initiated coverage on shares of MTU Aero Engines in a report on Friday, September 19th. They issued a "hold" rating on the stock. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of MTU Aero Engines in a report on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy".

MTU Aero Engines Trading Up 4.7%

MTUAY stock opened at $229.99 on Monday. The company has a quick ratio of 1.04, a current ratio of 1.39 and a debt-to-equity ratio of 0.58. MTU Aero Engines has a twelve month low of $145.02 and a twelve month high of $230.00. The stock has a market capitalization of $24.76 billion, a price-to-earnings ratio of 26.56 and a beta of 1.34. The firm's fifty day simple moving average is $218.54 and its two-hundred day simple moving average is $200.44.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The company reported $2.71 EPS for the quarter. The firm had revenue of $2.37 billion for the quarter. MTU Aero Engines had a net margin of 10.60% and a return on equity of 24.07%. As a group, analysts anticipate that MTU Aero Engines will post 8.69 earnings per share for the current year.

MTU Aero Engines Company Profile

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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