Airbus (OTCMKTS:EADSY) Sets New 52-Week High – Should You Buy?

Airbus SE (OTCMKTS:EADSY) reached a new 52-week high on Wednesday . The company traded as high as $47.50 and last traded at $47.00, with a volume of 1262892 shares changing hands. The stock had previously closed at $46.15.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group cut Airbus from a “buy” rating to a “hold” rating in a report on Friday, February 21st.

Airbus Price Performance

The company’s 50 day moving average price is $42.39 and its 200 day moving average price is $39.42. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.44 and a current ratio of 1.15. The company has a market cap of $148.68 billion, a price-to-earnings ratio of 32.64, a P/E/G ratio of 2.65 and a beta of 1.51.

Airbus (OTCMKTS:EADSY) last announced its quarterly earnings results on Thursday, February 20th. The aerospace company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.16. The firm had revenue of $26.37 billion during the quarter, compared to the consensus estimate of $24.22 billion. Airbus had a net margin of 6.10% and a return on equity of 23.22%. On average, equities research analysts predict that Airbus SE will post 1.74 earnings per share for the current fiscal year.

Airbus Company Profile

Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services.