MTU Aero Engines (OTCMKTS:MTUAY) Raised to Strong-Buy at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of MTU Aero Engines (OTCMKTS:MTUAY) from a hold rating to a strong-buy rating in a report issued on Monday,Zacks.com reports.

MTU Aero Engines Stock Performance

MTU Aero Engines stock opened at $163.98 on Monday. The company has a current ratio of 1.18, a quick ratio of 0.86 and a debt-to-equity ratio of 0.57. The firm has a market cap of $17.65 billion, a P/E ratio of 23.16 and a beta of 1.45. MTU Aero Engines has a 1-year low of $97.79 and a 1-year high of $171.86. The firm has a 50-day moving average of $160.44 and a 200-day moving average of $142.43.

MTU Aero Engines (OTCMKTS:MTUAY) last released its quarterly earnings data on Thursday, October 24th. The company reported $2.02 earnings per share for the quarter. MTU Aero Engines had a return on equity of 23.13% and a net margin of 10.16%. The business had revenue of $2.08 billion during the quarter. Sell-side analysts expect that MTU Aero Engines will post 7.34 EPS for the current year.

About MTU Aero Engines

MTU Aero Engines AG, together with its subsidiaries, engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally. It operates through two segments: Original Equipment Manufacturing (OEM Business); and Maintenance, Repair, and Overhaul (MRO Business).