MTU Aero Engines (OTCMKTS:MTUAY) Lowered to “Hold” Rating by Zacks Research

Zacks Research cut shares of MTU Aero Engines (OTCMKTS:MTUAY) from a strong-buy rating to a hold rating in a report issued on Tuesday,Zacks.com reports.

A number of other brokerages have also weighed in on MTUAY. Jefferies Financial Group reaffirmed a “buy” rating on shares of MTU Aero Engines in a report on Thursday, October 23rd. The Goldman Sachs Group initiated coverage on MTU Aero Engines in a report on Friday, September 19th. They issued a “hold” rating for the company. UBS Group lowered MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 4th. Finally, Royal Bank Of Canada upgraded MTU Aero Engines to a “hold” rating in a research report on Tuesday, November 18th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

MTU Aero Engines Trading Down 0.7%

OTCMKTS:MTUAY opened at $205.03 on Tuesday. The company has a current ratio of 1.39, a quick ratio of 1.04 and a debt-to-equity ratio of 0.58. The stock’s 50 day simple moving average is $211.67 and its 200-day simple moving average is $215.44. MTU Aero Engines has a 12-month low of $145.02 and a 12-month high of $232.86. The firm has a market cap of $22.07 billion, a P/E ratio of 22.21 and a beta of 1.11.

MTU Aero Engines (OTCMKTS:MTUAY) last announced its quarterly earnings data on Thursday, October 23rd. The company reported $2.61 earnings per share (EPS) for the quarter. MTU Aero Engines had a net margin of 10.79% and a return on equity of 25.61%. The company had revenue of $2.49 billion for the quarter. Equities analysts anticipate that MTU Aero Engines will post 8.69 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).