MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $222.28 and last traded at $221.12, with a volume of 4072 shares changing hands. The stock had previously closed at $219.17.
Wall Street Analysts Forecast Growth
Separately, Kepler Capital Markets raised MTU Aero Engines from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 28th.
View Our Latest Report on MTUAY
MTU Aero Engines Stock Performance
The company has a current ratio of 1.24, a quick ratio of 0.95 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $24.10 billion, a price-to-earnings ratio of 31.26 and a beta of 1.30. The company has a 50-day moving average of $193.72 and a 200-day moving average of $178.31.
MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The company reported $2.09 earnings per share (EPS) for the quarter. The business had revenue of $2.22 billion for the quarter. MTU Aero Engines had a return on equity of 25.08% and a net margin of 9.37%. On average, equities research analysts forecast that MTU Aero Engines AG will post 8.69 earnings per share for the current fiscal year.
MTU Aero Engines Increases Dividend
The company also recently declared a dividend, which was paid on Wednesday, May 28th. Investors of record on Tuesday, May 13th were given a dividend of $0.8513 per share. This is a positive change from MTU Aero Engines's previous dividend of $0.75. This represents a dividend yield of 0.47%. The ex-dividend date of this dividend was Monday, May 12th. MTU Aero Engines's dividend payout ratio is currently 11.59%.
About MTU Aero Engines
(
Get Free Report)
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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