MTU Aero Engines (OTCMKTS:MTUAY) Sets New 12-Month High - Time to Buy?

MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $224.86 and last traded at $224.25, with a volume of 1034 shares changing hands. The stock had previously closed at $220.52.

Wall Street Analyst Weigh In

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

MTU Aero Engines Stock Performance

The company has a market capitalization of $24.03 billion, a PE ratio of 31.17 and a beta of 1.31. The company has a current ratio of 1.24, a quick ratio of 0.95 and a debt-to-equity ratio of 0.66. The firm's 50-day simple moving average is $199.26 and its 200-day simple moving average is $180.02.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The company reported $2.09 earnings per share for the quarter. MTU Aero Engines had a net margin of 9.37% and a return on equity of 25.08%. The firm had revenue of $2.22 billion during the quarter. On average, research analysts predict that MTU Aero Engines AG will post 8.69 earnings per share for the current year.

MTU Aero Engines Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, May 28th. Stockholders of record on Tuesday, May 13th were given a $0.8513 dividend. This represents a dividend yield of 0.47%. The ex-dividend date of this dividend was Monday, May 12th. This is a boost from MTU Aero Engines's previous dividend of $0.75. MTU Aero Engines's dividend payout ratio is presently 11.59%.

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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