Airbus (OTCMKTS:EADSY) Issues Quarterly Earnings Results

Airbus (OTCMKTS:EADSY) announced its earnings results on Thursday. The aerospace company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.07, Zacks reports. Airbus had a return on equity of 22.55% and a net margin of 6.97%.

Airbus Price Performance

EADSY stock traded down $3.92 during midday trading on Thursday, hitting $55.00. 824,045 shares of the stock were exchanged, compared to its average volume of 597,107. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.43 and a current ratio of 1.15. The stock has a market cap of $173.57 billion, a price-to-earnings ratio of 31.25, a PEG ratio of 1.17 and a beta of 1.06. Airbus has a fifty-two week low of $36.28 and a fifty-two week high of $64.35. The stock’s 50-day moving average price is $58.82 and its 200-day moving average price is $57.62.

Analyst Upgrades and Downgrades

EADSY has been the subject of several recent analyst reports. Jefferies Financial Group cut shares of Airbus from a “buy” rating to a “hold” rating in a research note on Friday, January 30th. Royal Bank Of Canada restated an “outperform” rating on shares of Airbus in a research report on Thursday, October 30th. Kepler Capital Markets cut Airbus from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 30th. Finally, Citigroup restated a “neutral” rating on shares of Airbus in a research note on Tuesday, February 3rd. Four equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

About Airbus

Airbus SE is a multinational aerospace and defense company that designs, manufactures and supports a broad range of products and services for civil and military customers worldwide. The company’s activities span commercial aircraft, helicopters, defense and space systems, and a growing portfolio of services that include maintenance, training, digital solutions and aftermarket support. Airbus is organized into major business divisions that reflect these activities and operates an extensive industrial and supplier footprint across multiple countries.

In the commercial aircraft segment Airbus is best known for its A320 family of single-aisle jets and larger widebody models such as the A330 and A350 series, as well as the A380 superjumbo.