MTU Aero Engines (OTCMKTS:MTUAY) Trading Up 0.2% - Still a Buy?

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) traded up 0.2% on Monday . The company traded as high as $212.50 and last traded at $212.30. 7,118 shares changed hands during trading, a decline of 9% from the average session volume of 7,791 shares. The stock had previously closed at $211.92.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. UBS Group cut shares of MTU Aero Engines from a "strong-buy" rating to a "hold" rating in a report on Thursday, September 4th. The Goldman Sachs Group started coverage on shares of MTU Aero Engines in a report on Friday. They set a "neutral" rating on the stock. Finally, Deutsche Bank Aktiengesellschaft reaffirmed 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 assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, MTU Aero Engines has an average rating of "Moderate Buy".

MTU Aero Engines Trading Down 0.7%

The business's 50-day moving average is $219.35 and its two-hundred day moving average is $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. The stock has a market capitalization of $22.73 billion, a PE ratio of 24.38 and a beta of 1.34.

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