MTU Aero Engines (OTCMKTS:MTUAY) Hits New 52-Week High - Here's Why

MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as $207.17 and last traded at $202.71, with a volume of 6455 shares changing hands. The stock had previously closed at $200.19.

Wall Street Analysts Forecast Growth

Separately, Kepler Capital Markets raised shares of MTU Aero Engines from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 28th.

MTU Aero Engines Stock Performance

The company has a debt-to-equity ratio of 0.57, a current ratio of 1.18 and a quick ratio of 0.86. The company has a market cap of $21.82 billion, a P/E ratio of 32.07 and a beta of 1.30. The stock's 50-day moving average price is $182.04 and its 200-day moving average price is $175.16.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The company reported $2.09 earnings per share for the quarter. MTU Aero Engines had a return on equity of 24.62% and a net margin of 8.64%. The business had revenue of $2.22 billion during the quarter. Equities analysts anticipate that MTU Aero Engines AG will post 8.69 EPS for the current year.

MTU Aero Engines Increases Dividend

The firm 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. The ex-dividend date of this dividend was Monday, May 12th. This represents a dividend yield of 0.47%. This is an increase from MTU Aero Engines's previous dividend of $0.75. MTU Aero Engines's dividend payout ratio (DPR) is presently 11.45%.

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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