MTU Aero Engines (OTCMKTS:MTUAY) Sets New 1-Year High - What's Next?

MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as $200.89 and last traded at $200.43, with a volume of 8384 shares trading hands. The stock had previously closed at $192.64.

Wall Street Analysts Forecast Growth

Separately, Kepler Capital Markets upgraded 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 company has a debt-to-equity ratio of 0.57, a current ratio of 1.18 and a quick ratio of 0.86. The firm has a market cap of $21.96 billion, a price-to-earnings ratio of 32.28 and a beta of 1.32. The business's 50-day moving average price is $174.37 and its two-hundred day moving average price is $172.25.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last released its earnings results on Tuesday, May 6th. The company reported $2.09 earnings per share for the quarter. The company had revenue of $2.22 billion during the quarter. MTU Aero Engines had a net margin of 8.64% and a return on equity of 24.62%. On average, research analysts forecast that MTU Aero Engines AG will post 8.69 EPS 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 paid a $0.8513 dividend. This represents a yield of 0.47%. This is an increase from MTU Aero Engines's previous dividend of $0.75. The ex-dividend date of this dividend was Monday, May 12th. MTU Aero Engines's dividend payout ratio (DPR) is 11.45%.

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).