Airbus (OTCMKTS:EADSY) Lowered to “Strong Sell” Rating by Zacks Research

Zacks Research cut shares of Airbus (OTCMKTS:EADSY) from a hold rating to a strong sell rating in a research report sent to investors on Monday morning,Zacks.com reports.

A number of other analysts have also weighed in on EADSY. Rothschild & Co Redburn lowered shares of Airbus from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 23rd. Jefferies Financial Group restated a “hold” rating on shares of Airbus in a report on Friday, February 20th. Citigroup raised shares of Airbus from a “neutral” rating to a “buy” rating in a research report on Thursday, March 5th. Finally, Erste Group Bank lowered shares of Airbus from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. Four research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold”.

Airbus Stock Up 4.5%

Shares of OTCMKTS EADSY opened at $47.25 on Monday. Airbus has a 52-week low of $36.28 and a 52-week high of $64.35. The firm has a market capitalization of $149.11 billion, a price-to-earnings ratio of 25.00, a PEG ratio of 1.20 and a beta of 1.05. The stock has a 50 day moving average price of $53.46 and a 200 day moving average price of $57.10. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.50 and a current ratio of 1.16.

Airbus (OTCMKTS:EADSY) last issued its earnings results on Thursday, February 19th. The aerospace company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.07. Airbus had a return on equity of 22.35% and a net margin of 7.15%.The business had revenue of $30.25 billion during the quarter, compared to analyst estimates of $33.55 billion. Sell-side analysts expect that Airbus will post 1.74 earnings per share for the current year.

Airbus Company Profile

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.