MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report)'s share price gapped up prior to trading on Wednesday . The stock had previously closed at $202.71, but opened at $209.71. MTU Aero Engines shares last traded at $210.00, with a volume of 628 shares traded.
Analysts Set New Price Targets
Separately, Kepler Capital Markets raised MTU Aero Engines from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 28th.
Check Out Our Latest Research Report on MTUAY
MTU Aero Engines Stock Performance
The company has a market cap of $22.76 billion, a P/E ratio of 29.53 and a beta of 1.30. The business has a fifty day moving average of $182.90 and a 200 day moving average of $175.35. The company has a quick ratio of 0.95, a current ratio of 1.24 and a debt-to-equity ratio of 0.66.
MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last issued its quarterly 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 for the quarter. MTU Aero Engines had a return on equity of 25.08% and a net margin of 9.37%. On average, equities analysts predict that MTU Aero Engines AG will post 8.69 EPS for the current 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 a boost from MTU Aero Engines's previous dividend of $0.75. The ex-dividend date was Monday, May 12th. MTU Aero Engines's dividend payout ratio is presently 11.59%.
MTU Aero Engines Company Profile
(
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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).
Further Reading
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