MTU Aero Engines (OTCMKTS:MTUAY) Rating Lowered to “Strong Sell” at Zacks Research

MTU Aero Engines (OTCMKTS:MTUAY) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Wednesday, Zacks reports.

Several other analysts also recently weighed in on MTUAY. Barclays downgraded MTU Aero Engines from an “equal weight” rating to a “strong sell” rating in a research note on Friday, August 7th. Citigroup upgraded MTU Aero Engines from a “sell” rating to a “buy” rating in a research report on Thursday, September 24th. Jefferies Financial Group reissued a “buy” rating on shares of MTU Aero Engines in a research note on Thursday, August 13th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of MTU Aero Engines in a report on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

MTU Aero Engines Stock Performance

MTUAY opened at $190.68 on Wednesday. The company has a current ratio of 1.42, a quick ratio of 1.06 and a debt-to-equity ratio of 0.50. The business’s 50 day moving average is $197.84 and its 200-day moving average is $198.20. The stock has a market cap of $20.54 billion, a PE ratio of 19.24 and a beta of 1.10. MTU Aero Engines has a twelve month low of $157.93 and a twelve month high of $238.57.

MTU Aero Engines (OTCMKTS:MTUAY) last issued its quarterly earnings data on Thursday, October 29th. The company reported $2.63 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $2.63. MTU Aero Engines had a return on equity of 22.52% and a net margin of 9.87%. The business had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.78 billion. On average, analysts predict that MTU Aero Engines will post 10.64 earnings per share for the current year.

MTU Aero Engines Company Profile

MTU Aero Engines AG is a Germany-based manufacturer of aircraft engines and engine components. The company develops, produces, and supports commercial and military propulsion systems, as well as industrial gas turbines. Its activities cover the full engine life cycle, including design, engineering, manufacturing, assembly, maintenance, repair, and overhaul.

MTU supplies major engine modules, components, and complete propulsion systems for a range of aircraft. The company participates in international programs such as the Pratt & Whitney GTF family for commercial aircraft, the EJ200 engine for the Eurofighter, and the TP400-D6 engine for the Airbus A400M military transport aircraft.