MTU Aero Engines AG (OTCMKTS:MTUAY) Stock Short Interest Report for September

Key Points

• Short interest surged 149.1% in September to 7,184 shares, though only about 0.0% of MTU Aero Engines’ shares were sold short and the days-to-cover ratio remained low at 0.3 days.
• MTU Aero Engines reported quarterly EPS of $2.82, narrowly missing estimates, while revenue of $2.83 billion exceeded analyst expectations of $2.60 billion. Analysts project full-year EPS of $11.32.
• Analyst sentiment is mixed: Citigroup upgraded the stock to “buy,” while Barclays cut it to “strong sell.” Overall, the shares carry a consensus rating of “Hold.”

MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 7,184 shares, an increase of 149.1% from the September 15th total of 2,884 shares. Based on an average trading volume of 23,325 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the company's shares are sold short.

MTU Aero Engines Stock Performance

Shares of MTUAY stock opened at $195.02 on Tuesday. The company has a market cap of $21.01 billion, a P/E ratio of 19.10 and a beta of 1.03. The firm has a fifty day moving average price of $206.17 and a 200 day moving average price of $193.90. The company has a current ratio of 1.42, a quick ratio of 1.06 and a debt-to-equity ratio of 0.50. MTU Aero Engines has a 12 month low of $157.93 and a 12 month high of $238.57.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $2.82 earnings per share for the quarter, missing analysts' consensus estimates of $2.83 by ($0.01). The business had revenue of $2.83 billion during the quarter, compared to analyst estimates of $2.60 billion. MTU Aero Engines had a net margin of 10.43% and a return on equity of 22.42%. Sell-side analysts predict that MTU Aero Engines will post 11.32 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Citigroup raised MTU Aero Engines from a "sell" rating to a "buy" rating in a research report on Thursday, September 24th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of MTU Aero Engines in a research note on Thursday, August 13th. Jefferies Financial Group reiterated a "buy" rating on shares of MTU Aero Engines in a report on Thursday, August 13th. Finally, Barclays downgraded shares of MTU Aero Engines from an "equal weight" rating to a "strong sell" rating in a research note on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, MTU Aero Engines currently has a consensus rating of "Hold".

MTU Aero Engines Company Profile

MTU Aero Engines AG is a Germany-based manufacturer and service provider for aircraft engines. The company develops, manufactures and supports commercial and military engine programs, producing engine modules, components and systems for use in civil and defense aviation.

MTU is also a major provider of engine maintenance, repair and overhaul services. Through its commercial maintenance operations and international partnerships, the company supports airlines, aircraft leasing companies and other aviation customers throughout the life cycle of their engines.

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