MTU Aero Engines (OTCMKTS:MTUAY) Lowered to Hold Rating by Kepler Capital Markets

Kepler Capital Markets downgraded shares of MTU Aero Engines (OTCMKTS:MTUAY) from a strong-buy rating to a hold rating in a research note issued to investors on Thursday,Zacks.com reports.

Several other equities analysts have also recently weighed in on the company. Citigroup restated a “sell” rating on shares of MTU Aero Engines in a report on Wednesday. Zacks Research upgraded MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a report on Friday, February 13th. Finally, Royal Bank Of Canada raised MTU Aero Engines to a “hold” rating in a research report on Tuesday, November 18th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

MTU Aero Engines Stock Down 3.6%

OTCMKTS MTUAY opened at $217.42 on Thursday. MTU Aero Engines has a 12 month low of $145.02 and a 12 month high of $238.57. 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 stock has a market cap of $23.41 billion, a PE ratio of 20.30 and a beta of 1.08. The stock’s 50 day moving average is $222.41 and its 200 day moving average is $217.94.

MTU Aero Engines (OTCMKTS:MTUAY) last issued its earnings results on Tuesday, February 24th. The company reported $2.67 earnings per share for the quarter. The firm had revenue of $2.83 billion during the quarter. MTU Aero Engines had a net margin of 11.74% and a return on equity of 24.66%. Research 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.