MTU Aero Engines (OTCMKTS:MTUAY) Sees Large Volume Increase - Should You Buy?

Key Points

• MTU Aero Engines AG experienced a 182% increase in trading volume, reaching approximately 34,123 shares on Friday, up from 12,098 shares in the previous session.
• Analysts have given the stock a consensus rating of "Moderate Buy," with ratings varying from strong buy to hold, highlighting mixed sentiments among financial experts.
• The company reported $2.61 EPS for the quarter and anticipates posting 8.69 EPS for the current year, reflecting solid financial performance.

Shares of MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report) saw unusually-high trading volume on Friday . Approximately 34,123 shares traded hands during trading, an increase of 182% from the previous session's volume of 12,098 shares.The stock last traded at $225.90 and had previously closed at $225.27.

Analysts Set New Price Targets

MTUAY has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of MTU Aero Engines in a research note on Thursday, August 14th. The Goldman Sachs Group initiated coverage on MTU Aero Engines in a research note on Friday, September 19th. They set a "hold" rating for the company. Jefferies Financial Group restated a "buy" rating on shares of MTU Aero Engines in a research note on Thursday. Zacks Research downgraded MTU Aero Engines from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 29th. Finally, UBS Group downgraded MTU Aero Engines from a "strong-buy" rating to a "hold" rating in a research note on Thursday, September 4th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy".

MTU Aero Engines Price Performance

The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.04 and a current ratio of 1.39. The company has a market cap of $24.33 billion, a price-to-earnings ratio of 26.10 and a beta of 1.31. The business has a fifty day moving average price of $220.28 and a 200 day moving average price of $205.82.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last posted its quarterly earnings results on Thursday, October 23rd. The company reported $2.61 EPS for the quarter. MTU Aero Engines had a return on equity of 24.07% and a net margin of 10.60%.The company had revenue of $2.49 billion during the quarter. As a group, research analysts anticipate that MTU Aero Engines AG will post 8.69 earnings per share for the current year.

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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