MTU Aero Engines AG (OTCMKTS:MTUAY) Short Interest Update

MTU Aero Engines AG (OTCMKTS:MTUAY) was the recipient of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 5,660 shares, a decrease of 33.5% from the June 30th total of 8,514 shares. Based on an average daily trading volume, of 35,044 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. BNP Paribas Exane began coverage on shares of MTU Aero Engines in a research report on Monday, April 13th. They issued an “outperform” rating for the company. Zacks Research raised shares of MTU Aero Engines from a “strong sell” rating to a “hold” rating in a report on Thursday, May 14th. Berenberg Bank downgraded MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. UBS Group cut MTU Aero Engines from a “hold” rating to a “sell” rating in a research note on Friday, April 24th. Finally, Kepler Capital Markets raised MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 7th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

MTU Aero Engines Price Performance

Shares of MTU Aero Engines stock traded up $1.95 during trading hours on Friday, hitting $209.75. The company’s stock had a trading volume of 14,305 shares, compared to its average volume of 21,589. MTU Aero Engines has a 12-month low of $157.93 and a 12-month high of $238.57. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.06 and a current ratio of 1.44. The company has a market cap of $22.60 billion, a PE ratio of 20.54 and a beta of 1.01. The business has a 50 day moving average price of $193.66 and a two-hundred day moving average price of $197.46.

MTU Aero Engines (OTCMKTS:MTUAY) last issued its earnings results on Thursday, July 30th. The company reported $2.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.83 by ($0.01). The firm had revenue of $2.83 billion during the quarter, compared to the consensus estimate of $2.60 billion. MTU Aero Engines had a return on equity of 23.33% and a net margin of 10.43%. Analysts expect that MTU Aero Engines will post 11.03 earnings per share for the current fiscal year.

MTU Aero Engines Company Profile

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.