MTU Aero Engines (OTCMKTS:MTUAY) Trading Up 0.2% - Here's Why

Key Points

• MTU Aero Engines AG shares rose 0.2%, trading at $212.30, with trading volume down 9% from the average.
• Analyst ratings indicate a consensus of Buy for MTU Aero Engines, with Deutsche Bank maintaining a "buy" rating while UBS downgraded to "hold."
• The company reported earnings of $2.71 per share for the last quarter and forecasts 8.69 earnings per share for the current fiscal year.

Shares of MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report) were up 0.2% during mid-day trading on Monday . The stock traded as high as $212.50 and last traded at $212.30. Approximately 7,118 shares changed hands during mid-day trading, a decline of 9% from the average daily volume of 7,791 shares. The stock had previously closed at $211.92.

Analyst Ratings Changes

Several equities research analysts recently issued reports on MTUAY shares. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of MTU Aero Engines in a report on Thursday, August 14th. UBS Group cut MTU Aero Engines from a "strong-buy" rating to a "hold" rating in a report on Thursday, September 4th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy".

MTU Aero Engines Trading Up 0.2%

The firm has a market capitalization of $22.85 billion, a price-to-earnings ratio of 24.52 and a beta of 1.34. The company has a fifty day moving average price of $220.29 and a two-hundred day moving average price of $197.82. The company has a current ratio of 1.39, a quick ratio of 1.04 and a debt-to-equity ratio of 0.58.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last issued its earnings results on Thursday, July 24th. The company reported $2.71 earnings per share for the quarter. The business had revenue of $2.37 billion for the quarter. MTU Aero Engines had a return on equity of 24.07% and a net margin of 10.60%. As a group, research analysts forecast that MTU Aero Engines AG will post 8.69 earnings per share for the current fiscal year.

About MTU Aero Engines

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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