MTU Aero Engines AG (OTCMKTS:MTUAY) Stock Short Interest Report for October

MTU Aero Engines AG (OTCMKTS:MTUAY) saw a significant drop in short interest in October. As of October 30th, there was short interest totaling 2,039 shares, a drop of 81.0% from the October 15th total of 10,749 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 41,230 shares, the short-interest ratio is currently 0.0 days.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on MTUAY shares. Jefferies Financial Group reissued a “buy” rating on shares of MTU Aero Engines in a research report on Thursday, August 13th. Deutsche Bank reiterated a “buy” rating on shares of MTU Aero Engines in a research report on Thursday, August 13th. Zacks Research cut MTU Aero Engines from a “hold” rating to a “strong sell” rating in a research note on Wednesday, November 4th. Citigroup upgraded MTU Aero Engines from a “sell” rating to a “buy” rating in a research report on Thursday, September 24th. Finally, Barclays lowered MTU Aero Engines from an “equal weight” rating to a “strong sell” rating in a report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold”.

MTU Aero Engines Stock Performance

Shares of OTCMKTS:MTUAY traded down $3.22 during trading on Thursday, hitting $196.49. 9,296 shares of the stock were exchanged, compared to its average volume of 27,925. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.06 and a current ratio of 1.42. The company’s fifty day simple moving average is $197.37 and its 200-day simple moving average is $197.71. MTU Aero Engines has a 1-year low of $157.93 and a 1-year high of $238.57. The company has a market capitalization of $21.17 billion, a price-to-earnings ratio of 19.83 and a beta of 1.10.

MTU Aero Engines (OTCMKTS:MTUAY) last issued its earnings results on Thursday, October 29th. The company reported $2.63 EPS for the quarter, meeting the consensus estimate of $2.63. MTU Aero Engines had a net margin of 9.87% and a return on equity of 22.52%. The company had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.78 billion. Sell-side analysts expect that MTU Aero Engines will post 10.64 EPS for the current fiscal year.

MTU Aero Engines Company Profile

MTU Aero Engines AG is a German aerospace company that develops, manufactures and supports engines and engine components for commercial and military aircraft. Its work includes designing and producing specialized modules and parts, such as high-pressure compressors and low-pressure turbines, often in collaboration with international engine manufacturers. The company also provides maintenance, repair and overhaul services for aircraft engines and components. Through facilities and service operations in multiple regions, MTU supports airlines, engine manufacturers and other customers around the world.