Airbus (OTCMKTS:EADSY) Sees Strong Trading Volume – What’s Next?

Shares of Airbus SE – Unsponsored ADR (OTCMKTS:EADSY) saw strong trading volume on Monday . 2,023,291 shares traded hands during mid-day trading, an increase of 207% from the previous session’s volume of 658,399 shares.The stock last traded at $52.8250 and had previously closed at $54.17.

Analysts Set New Price Targets

Several research firms have recently commented on EADSY. Rothschild & Co Redburn cut Airbus from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 23rd. Citigroup reaffirmed a “neutral” rating on shares of Airbus in a research note on Tuesday, February 3rd. Finally, Jefferies Financial Group reiterated a “hold” rating on shares of Airbus in a research report on Friday, February 20th. Four analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold”.

Airbus Trading Down 0.4%

The stock has a market capitalization of $161.64 billion, a P/E ratio of 27.10, a price-to-earnings-growth ratio of 1.36 and a beta of 1.05. The company has a quick ratio of 0.43, a current ratio of 1.15 and a debt-to-equity ratio of 0.59. The company has a fifty day simple moving average of $58.28 and a two-hundred day simple moving average of $57.79.

Airbus (OTCMKTS:EADSY) last posted its 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 business had revenue of $30.25 billion during the quarter, compared to analysts’ expectations of $33.55 billion. Airbus had a return on equity of 23.20% and a net margin of 7.15%. On average, sell-side analysts expect that Airbus SE – Unsponsored ADR will post 1.74 earnings per share 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.