MTU Aero Engines (OTCMKTS:MTUAY) Sees Unusually-High Trading Volume - Still a Buy?

Key Points

• Trading volume surged 737% to 212,178 shares, while MTU Aero Engines shares traded around $207.66, down 0.7% from the prior close.
• Analyst views are mixed: Deutsche Bank and Jefferies reiterated “Buy” ratings, while Barclays issued a “Strong Sell” and Berenberg downgraded the stock to “Hold.” MarketBeat’s consensus rating is Hold.
• MTU slightly missed quarterly earnings expectations, reporting $2.82 per share versus $2.83 expected, but revenue of $2.83 billion exceeded estimates of $2.60 billion. Analysts project full-year earnings of $11.32 per share.

Shares of MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report) saw unusually-high trading volume on Friday . 212,178 shares were traded during mid-day trading, an increase of 737% from the previous session's volume of 25,364 shares.The stock last traded at $207.6625 and had previously closed at $208.81.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of MTU Aero Engines in a research report on Thursday, August 13th. Jefferies Financial Group reiterated a "buy" rating on shares of MTU Aero Engines in a report on Thursday, August 13th. Berenberg Bank downgraded shares of MTU Aero Engines from a "strong-buy" rating to a "hold" rating in a research note on Monday, May 11th. Barclays lowered MTU Aero Engines from an "equal weight" rating to a "strong sell" rating in a research report on Friday, August 7th. Finally, Zacks Research upgraded MTU Aero Engines from a "strong sell" rating to a "hold" rating in a report on Thursday, May 14th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, MTU Aero Engines currently has a consensus rating of "Hold".

MTU Aero Engines Stock Down 0.7%

The company has a quick ratio of 1.06, a current ratio of 1.44 and a debt-to-equity ratio of 0.54. The stock has a market cap of $22.33 billion, a P/E ratio of 20.30 and a beta of 1.01. The company's 50 day moving average price is $206.77 and its two-hundred day moving average price is $196.00.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $2.82 earnings per share for the quarter, missing the consensus estimate of $2.83 by ($0.01). MTU Aero Engines had a return on equity of 23.33% and a net margin of 10.43%.The firm had revenue of $2.83 billion during the quarter, compared to analysts' expectations of $2.60 billion. As a group, research analysts expect that MTU Aero Engines AG will post 11.32 earnings per share for the current year.

MTU Aero Engines Company Profile

MTU Aero Engines AG is a German aircraft engine manufacturer headquartered in Munich that develops, manufactures and services commercial and military aero engines as well as industrial gas turbines. The company's activities span the entire engine lifecycle, from conceptual design and development through production of modules and components to aftermarket maintenance, repair and overhaul (MRO). MTU supplies parts and technical solutions for a broad range of jet engines and turbomachinery used by airlines, MRO providers and defense customers.

In addition to core engine development and manufacturing, MTU offers comprehensive aftermarket services including scheduled and unscheduled maintenance, spare parts distribution, repair technologies and fleet support programs.

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