Shares of MTU Aero Engines AG (OTCMKTS:MTUAY – Get Free Report) have received a consensus rating of “Hold” from the eleven ratings firms that are covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a sell recommendation, four have issued a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company.
Several equities analysts have weighed in on MTUAY shares. Jefferies Financial Group reissued a “buy” rating on shares of MTU Aero Engines in a research note on Thursday, August 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of MTU Aero Engines in a research report on Thursday, August 13th. Finally, Barclays cut MTU Aero Engines from an “equal weight” rating to a “strong sell” rating in a research note on Friday, August 7th.
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MTU Aero Engines Price Performance
MTU Aero Engines (OTCMKTS:MTUAY – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $2.82 earnings per share for the quarter, missing analysts’ consensus estimates of $2.83 by ($0.01). MTU Aero Engines had a net margin of 10.43% and a return on equity of 22.42%. The company had revenue of $2.83 billion during the quarter, compared to analyst estimates of $2.60 billion. As a group, analysts forecast that MTU Aero Engines will post 11.32 EPS for the current year.
MTU Aero Engines Company Profile
MTU Aero Engines AG is a Germany-based manufacturer and service provider for aircraft engines. The company develops, produces and supports commercial and military engine programs, as well as engine modules and components for aircraft and industrial applications.
Its activities include the design and manufacture of high-pressure compressors, turbine components and other engine systems. MTU also provides maintenance, repair and overhaul services for commercial and military engines, helping airlines, armed forces and other operators maintain and extend the service life of their fleets.
Headquartered in Munich, Germany, MTU Aero Engines serves customers and partners internationally through its own operations and joint ventures with major aerospace companies.
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