Airbus SE – Unsponsored ADR (OTCMKTS:EADSY) Short Interest Up 61.8% in March

Airbus SE – Unsponsored ADR (OTCMKTS:EADSY) saw a large increase in short interest in March. As of March 13th, there was short interest totaling 260,079 shares, an increase of 61.8% from the February 26th total of 160,738 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 2,479,438 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

Several research firms recently commented on EADSY. Rothschild & Co Redburn lowered shares of Airbus from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 23rd. Erste Group Bank downgraded Airbus from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. Citigroup raised Airbus from a “neutral” rating to a “buy” rating in a research note on Thursday, March 5th. Finally, Jefferies Financial Group restated a “hold” rating on shares of Airbus in a report on Friday, February 20th. Four research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

Airbus Stock Performance

EADSY traded down $0.88 during mid-day trading on Friday, reaching $45.99. 1,406,510 shares of the company traded hands, compared to its average volume of 807,143. The company’s fifty day moving average price is $54.43 and its 200-day moving average price is $57.28. The stock has a market capitalization of $145.13 billion, a P/E ratio of 24.33, a P/E/G ratio of 1.29 and a beta of 1.05. The company has a quick ratio of 0.50, a current ratio of 1.16 and a debt-to-equity ratio of 0.53. Airbus has a 52-week low of $36.28 and a 52-week high of $64.35.

Airbus (OTCMKTS:EADSY) last released its quarterly earnings results on Thursday, February 19th. The aerospace company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.07. The firm had revenue of $30.25 billion for the quarter, compared to the consensus estimate of $33.55 billion. Airbus had a return on equity of 22.35% and a net margin of 7.15%. On average, sell-side analysts expect that Airbus will post 1.74 EPS for the current year.

About Airbus

Airbus SE is a multinational aerospace and defense company that designs, manufactures and supports a broad range of products and services for civil and military customers worldwide. The company’s activities span commercial aircraft, helicopters, defense and space systems, and a growing portfolio of services that include maintenance, training, digital solutions and aftermarket support. Airbus is organized into major business divisions that reflect these activities and operates an extensive industrial and supplier footprint across multiple countries.

In the commercial aircraft segment Airbus is best known for its A320 family of single-aisle jets and larger widebody models such as the A330 and A350 series, as well as the A380 superjumbo.