MTU Aero Engines AG (OTCMKTS:MTUAY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

MTU Aero Engines AG (OTCMKTS:MTUAY) has received a consensus rating of “Moderate Buy” from the seven ratings firms that are currently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company.

A number of equities research analysts have recently commented on MTUAY shares. Zacks Research cut shares of MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 16th. Jefferies Financial Group reaffirmed a “buy” rating on shares of MTU Aero Engines in a research note on Thursday, October 23rd. Royal Bank Of Canada raised MTU Aero Engines to a “hold” rating in a research report on Tuesday, November 18th. Finally, The Goldman Sachs Group began coverage on MTU Aero Engines in a report on Friday, September 19th. They issued a “hold” rating on the stock.

MTU Aero Engines Stock Down 0.5%

Shares of OTCMKTS:MTUAY opened at $222.47 on Tuesday. The firm has a 50 day simple moving average of $209.27 and a 200-day simple moving average of $216.50. MTU Aero Engines has a twelve month low of $145.02 and a twelve month high of $232.86. The company has a current ratio of 1.39, a quick ratio of 1.04 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $23.95 billion, a PE ratio of 24.10 and a beta of 1.10.

MTU Aero Engines (OTCMKTS:MTUAY) last announced its quarterly earnings results on Thursday, October 23rd. The company reported $2.61 EPS for the quarter. MTU Aero Engines had a net margin of 10.79% and a return on equity of 25.61%. The firm had revenue of $2.49 billion for the quarter. On average, equities analysts predict that MTU Aero Engines will post 8.69 EPS for the current fiscal year.

About MTU Aero Engines

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.