MTU Aero Engines (OTCMKTS:MTUAY) Shares Up 1.3% - Still a Buy?

MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report)'s stock price was up 1.3% on Tuesday . The company traded as high as $207.17 and last traded at $202.71. Approximately 6,455 shares were traded during trading, a decline of 44% from the average daily volume of 11,455 shares. The stock had previously closed at $200.19.

Wall Street Analysts Forecast Growth

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

MTU Aero Engines Stock Up 2.8%

The business's 50 day moving average price is $186.18 and its 200-day moving average price is $176.20. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.95 and a current ratio of 1.24. The firm has a market capitalization of $23.16 billion, a PE ratio of 30.05 and a beta of 1.30.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last posted its 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. As a group, equities research analysts forecast 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. Shareholders of record on Tuesday, May 13th were paid a dividend of $0.8513 per share. The ex-dividend date of this dividend was Monday, May 12th. This is a positive change from MTU Aero Engines's previous dividend of $0.75. This represents a yield of 0.47%. MTU Aero Engines's dividend payout ratio is 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).