Airbus (OTCMKTS:EADSY) Upgraded by Zacks Research to Hold Rating

Zacks Research upgraded shares of Airbus (OTCMKTS:EADSY) from a strong sell rating to a hold rating in a report issued on Monday morning,Zacks.com reports.

EADSY has been the subject of a number of other reports. Jefferies Financial Group reiterated a “hold” rating on shares of Airbus in a research note on Friday, February 20th. BNP Paribas Exane initiated coverage on shares of Airbus in a research note on Monday, April 13th. They set a “neutral” rating for the company. Citigroup upgraded shares of Airbus from a “neutral” rating to a “buy” rating in a research note on Thursday, March 5th. UBS Group restated a “buy” rating on shares of Airbus in a research note on Friday, April 10th. Finally, Rothschild & Co Redburn cut shares of Airbus from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 23rd. Four equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold”.

Airbus Stock Up 2.1%

OTCMKTS:EADSY opened at $49.85 on Monday. Airbus has a fifty-two week low of $45.01 and a fifty-two week high of $64.35. The stock has a market capitalization of $157.31 billion, a P/E ratio of 27.09, a P/E/G ratio of 1.85 and a beta of 1.10. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.50 and a current ratio of 1.16. The company’s 50-day simple moving average is $49.48 and its 200-day simple moving average is $54.71.

Airbus (OTCMKTS:EADSY) last released its quarterly earnings results on Tuesday, April 28th. The aerospace company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.09. Airbus had a net margin of 6.92% and a return on equity of 20.90%. The business had revenue of $14.80 billion for the quarter, compared to analysts’ expectations of $14.83 billion. On average, equities analysts anticipate that Airbus will post 2.1 earnings per share for the current fiscal year.

Airbus Company Profile

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.