MTU Aero Engines (OTCMKTS:MTUAY) Sees Strong Trading Volume - Still a Buy?

Key Points

• MTU Aero Engines experienced a significant increase in trading volume, reaching 32,278 shares—up 233% from the previous session.
• Analysts have mixed opinions on the stock, with a consensus rating of "Buy", but UBS has recently downgraded it from "strong-buy" to "hold."
• The company reported earnings of $2.71 per share and revenue of $2.37 billion for the last quarter, indicating a net margin of 10.60%.

Shares of MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report) saw an uptick in trading volume on Tuesday . 32,278 shares changed hands during trading, an increase of 233% from the previous session's volume of 9,698 shares.The stock last traded at $212.14 and had previously closed at $212.30.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on MTUAY. The Goldman Sachs Group assumed coverage on MTU Aero Engines in a report on Friday. They set a "neutral" rating on the stock. UBS Group cut MTU Aero Engines from a "strong-buy" rating to a "hold" rating in a report on Thursday, September 4th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of MTU Aero Engines in a report on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, MTU Aero Engines has an average rating of "Moderate Buy".

MTU Aero Engines Price Performance

The stock has a market capitalization of $22.73 billion, a P/E ratio of 24.38 and a beta of 1.34. The business has a fifty day simple moving average of $219.35 and a 200-day simple moving average of $198.42. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.04 and a current ratio of 1.39.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The company reported $2.71 earnings per share (EPS) for the quarter. MTU Aero Engines had a return on equity of 24.07% and a net margin of 10.60%.The firm had revenue of $2.37 billion for the quarter. Sell-side analysts expect that MTU Aero Engines AG will post 8.69 earnings per share for the current fiscal 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).