MTU Aero Engines (OTCMKTS:MTUAY) Issues Earnings Results

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) released its quarterly earnings results on Tuesday. The company reported $2.09 EPS for the quarter, Zacks reports. MTU Aero Engines had a return on equity of 24.62% and a net margin of 8.64%.

MTU Aero Engines Price Performance

Shares of OTCMKTS MTUAY opened at $182.70 on Tuesday. 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 $19.67 billion, a price-to-earnings ratio of 28.91 and a beta of 1.12. The stock's 50-day moving average is $170.73 and its two-hundred day moving average is $169.16. MTU Aero Engines has a 1-year low of $116.89 and a 1-year high of $191.30.

MTU Aero Engines Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, May 28th. Investors of record on Tuesday, May 13th will be issued a $0.8513 dividend. The ex-dividend date is Monday, May 12th. This is a positive change from MTU Aero Engines's previous dividend of $0.75. This represents a yield of 0.47%. MTU Aero Engines's dividend payout ratio (DPR) is 11.39%.

Analyst Upgrades and Downgrades

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.

About MTU Aero Engines

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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