MTU Aero Engines (OTCMKTS:MTUAY) Hits New 52-Week High - Should You Buy?

MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report)'s stock price hit a new 52-week high during trading on Monday . The company traded as high as $204.91 and last traded at $204.91, with a volume of 22030 shares. The stock had previously closed at $200.52.

Analysts Set New Price Targets

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

MTU Aero Engines Price Performance

The stock has a market capitalization of $21.83 billion, a P/E ratio of 32.09 and a beta of 1.32. The company has a quick ratio of 0.86, a current ratio of 1.18 and a debt-to-equity ratio of 0.57. The firm has a fifty day moving average price of $176.48 and a two-hundred day moving average price of $173.31.

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

MTU Aero Engines Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, May 28th. Shareholders of record on Tuesday, May 13th were issued a dividend of $0.8513 per share. This is an increase from MTU Aero Engines's previous dividend of $0.75. This represents a yield of 0.47%. The ex-dividend date was Monday, May 12th. 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).