Airbus (OTCMKTS:EADSY) Stock Rating Upgraded by UBS Group

Key Points

• UBS Group has upgraded Airbus Group from a "neutral" to a "buy" rating, indicating increased confidence in the company's potential for growth.
• As of the latest report, Airbus Group has a market capitalization of $169.80 billion and reported a quarterly revenue of $18.45 billion, exceeding analysts' expectations.
• Analysts currently have an average rating of "Moderate Buy" for Airbus Group, with various ratings including one Strong Buy, three Buy, and three Hold ratings assigned by different analysts.

UBS Group upgraded shares of Airbus (OTCMKTS:EADSY - Free Report) from a neutral rating to a buy rating in a report released on Thursday morning, Marketbeat reports.

Several other brokerages have also recently weighed in on EADSY. Zacks Research upgraded Airbus to a "hold" rating in a report on Tuesday, August 12th. Citigroup cut shares of Airbus from a "strong-buy" rating to a "hold" rating in a research note on Friday, June 6th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Airbus currently has an average rating of "Moderate Buy".

Airbus Price Performance

Shares of Airbus stock remained flat at $54.88 during trading on Thursday. The stock had a trading volume of 363,907 shares, compared to its average volume of 582,830. The company has a market capitalization of $173.62 billion, a price-to-earnings ratio of 32.47, a P/E/G ratio of 1.29 and a beta of 1.31. The stock has a fifty day moving average price of $52.48 and a two-hundred day moving average price of $47.28. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.17 and a quick ratio of 0.50. Airbus has a 52 week low of $34.46 and a 52 week high of $55.14.

Airbus (OTCMKTS:EADSY - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The aerospace company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.15). Airbus had a return on equity of 24.38% and a net margin of 7.01%.The business had revenue of $18.45 billion during the quarter, compared to the consensus estimate of $15.72 billion. As a group, equities research analysts anticipate that Airbus will post 1.74 earnings per share for the current year.

Airbus Company Profile

Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services.