Airbus (OTCMKTS:EADSY) Sees Strong Trading Volume - Time to Buy?

Key Points

• Airbus shares traded 182% above average volume on Wednesday, with 1.72 million shares changing hands; the stock rose to $56.25 from a previous close of $53.82.
• Analyst sentiment is moderately positive: six analysts rate Airbus a Buy and six a Hold, resulting in a “Moderate Buy” consensus.
• Quarterly earnings per share of $0.49 beat estimates of $0.47, while revenue of $19.44 billion came in below the $20.28 billion consensus forecast.

Shares of Airbus SE - Unsponsored ADR (OTCMKTS:EADSY - Get Free Report) saw unusually-strong trading volume on Wednesday. 1,722,260 shares were traded during mid-day trading, an increase of 182% from the average daily volume of 611,405 shares. The stock last traded at $56.25 and had previously closed at $53.82.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Royal Bank Of Canada restated an "outperform" rating on shares of Airbus in a research note on Thursday, July 16th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Airbus in a report on Wednesday, July 22nd. Jefferies Financial Group reiterated a "hold" rating on shares of Airbus in a research note on Wednesday, October 28th. Finally, Morgan Stanley reissued an "overweight" rating on shares of Airbus in a report on Friday, August 14th. Six research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, Airbus has a consensus rating of "Moderate Buy".

Airbus Stock Performance

The company has a quick ratio of 0.41, a current ratio of 1.15 and a debt-to-equity ratio of 0.55. The stock has a market cap of $177.23 billion, a price-to-earnings ratio of 24.74, a P/E/G ratio of 2.04 and a beta of 1.15. The company has a 50 day simple moving average of $55.18 and a 200 day simple moving average of $54.34.

Airbus (OTCMKTS:EADSY - Get Free Report) last issued its quarterly earnings data on Wednesday, October 28th. The aerospace company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.02. The company had revenue of $19.44 billion for the quarter, compared to analysts' expectations of $20.28 billion. Airbus had a net margin of 8.05% and a return on equity of 23.75%. As a group, equities research analysts forecast that Airbus SE - Unsponsored ADR will post 2.03 EPS for the current year.

Institutional Investors Weigh In On Airbus

A hedge fund recently raised its position in Airbus stock. Madison Asset Management LLC increased its stake in shares of Airbus SE - Unsponsored ADR (OTCMKTS:EADSY - Free Report) by 10.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 68,768 shares of the aerospace company's stock after acquiring an additional 6,661 shares during the quarter. Madison Asset Management LLC's holdings in Airbus were worth $3,824,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 0.25% of the company's stock.

Airbus Company Profile

Airbus SE is a global aerospace and defense company headquartered in the Netherlands, with major operations across Europe and a presence in markets worldwide. The company designs, manufactures and supports commercial aircraft, military aircraft, helicopters, spacecraft and related systems and services.

Through its Commercial Aircraft business, Airbus produces passenger aircraft ranging from single-aisle models in the A220 and A320 families to wide-body aircraft in the A330 and A350 families.

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