MTU Aero Engines (OTCMKTS:MTUAY) Stock Rating Lowered by Zacks Research

MTU Aero Engines (OTCMKTS:MTUAY) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

Other analysts have also issued research reports about the stock. Citigroup reiterated a “sell” rating on shares of MTU Aero Engines in a research note on Wednesday, February 25th. Kepler Capital Markets downgraded shares of MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 26th. Finally, Royal Bank Of Canada raised shares of MTU Aero Engines to a “hold” rating in a report on Tuesday, November 18th. Two analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, MTU Aero Engines has a consensus rating of “Hold”.

MTU Aero Engines Trading Down 1.0%

OTCMKTS:MTUAY opened at $190.73 on Monday. The company has a market cap of $20.53 billion, a PE ratio of 17.81 and a beta of 1.09. The business’s 50 day moving average is $219.02 and its two-hundred day moving average is $215.67. The company has a quick ratio of 1.04, a current ratio of 1.39 and a debt-to-equity ratio of 0.58. MTU Aero Engines has a 52 week low of $145.02 and a 52 week high of $238.57.

MTU Aero Engines (OTCMKTS:MTUAY) last issued its quarterly earnings results on Tuesday, February 24th. The company reported $2.67 earnings per share for the quarter. The business had revenue of $2.83 billion during the quarter. MTU Aero Engines had a return on equity of 24.66% and a net margin of 11.74%. On average, analysts predict that MTU Aero Engines will post 8.69 EPS for the current 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.