MTU Aero Engines (OTCMKTS:MTUAY) Hits New 1-Year High - Still a Buy?

MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $226.40 and last traded at $226.21, with a volume of 6547 shares traded. The stock had previously closed at $225.92.

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 Stock Down 0.9%

The company has a debt-to-equity ratio of 0.66, a current ratio of 1.24 and a quick ratio of 0.95. The stock has a market capitalization of $24.11 billion, a P/E ratio of 31.28 and a beta of 1.31. The firm has a 50-day simple moving average of $207.22 and a 200 day simple moving average of $183.64.

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

MTU Aero Engines Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, May 28th. Investors of record on Tuesday, May 13th were given a dividend of $0.8513 per share. This is a boost from MTU Aero Engines's previous dividend of $0.75. The ex-dividend date was Monday, May 12th. This represents a dividend yield of 0.47%. MTU Aero Engines's 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).