MTU Aero Engines (OTCMKTS:MTUAY) Raised to "Strong-Buy" at Kepler Capital Markets

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) was upgraded by Kepler Capital Markets from a "hold" rating to a "strong-buy" rating in a report issued on Monday, April 28th,Zacks.com reports.

MTU Aero Engines Stock Up 2.4 %

Shares of OTCMKTS:MTUAY traded up $4.15 during midday trading on Monday, reaching $179.99. 6,839 shares of the company were exchanged, compared to its average volume of 11,106. The firm has a market cap of $19.38 billion, a PE ratio of 28.48 and a beta of 1.12. The company has a quick ratio of 0.86, a current ratio of 1.18 and a debt-to-equity ratio of 0.57. MTU Aero Engines has a fifty-two week low of $116.89 and a fifty-two week high of $191.30. The stock has a fifty day simple moving average of $170.41 and a two-hundred day simple moving average of $169.06.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last released its earnings results on Wednesday, February 19th. The company reported $2.16 earnings per share for the quarter, beating the consensus estimate of $2.04 by $0.12. MTU Aero Engines had a net margin of 8.64% and a return on equity of 24.62%. The business had revenue of $2.27 billion during the quarter. As a group, sell-side analysts forecast that MTU Aero Engines will post 8.69 earnings per share for the current year.

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).