MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as $207.17 and last traded at $202.71, with a volume of 6455 shares. The stock had previously closed at $200.19.
Wall Street Analysts Forecast Growth
Separately, Kepler Capital Markets upgraded shares of MTU Aero Engines from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 28th.
Read Our Latest Stock Analysis on MTU Aero Engines
MTU Aero Engines Price Performance
The business's 50-day simple moving average is $184.98 and its two-hundred day simple moving average is $175.89. The stock has a market cap of $23.15 billion, a price-to-earnings ratio of 30.03 and a beta of 1.30. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.24 and a quick ratio of 0.95.
MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The company reported $2.09 earnings per share for the quarter. The company 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%. Research analysts expect that MTU Aero Engines AG will post 8.69 earnings per share for the current year.
MTU Aero Engines Increases Dividend
The company also recently declared a dividend, which was paid on Wednesday, May 28th. Stockholders of record on Tuesday, May 13th were paid a dividend of $0.8513 per share. This represents a dividend yield of 0.47%. This is a positive change from MTU Aero Engines's previous dividend of $0.75. The ex-dividend date was Monday, May 12th. MTU Aero Engines's dividend payout ratio (DPR) is presently 11.59%.
MTU Aero Engines Company Profile
(
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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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