MTU Aero Engines (OTCMKTS:MTUAY) Sets New 12-Month Low – Time to Sell?

MTU Aero Engines AG (OTCMKTS:MTUAY) reached a new 52-week low during trading on Tuesday . The company traded as low as $164.70 and last traded at $165.23, with a volume of 2160 shares trading hands. The stock had previously closed at $164.80.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Zacks Research downgraded shares of MTU Aero Engines from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 15th. Kepler Capital Markets upgraded MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 7th. BNP Paribas Exane initiated coverage on shares of MTU Aero Engines in a report on Monday, April 13th. They issued an “outperform” rating for the company. Citigroup reaffirmed a “sell” rating on shares of MTU Aero Engines in a research note on Wednesday, February 25th. Finally, UBS Group downgraded MTU Aero Engines from a “hold” rating to a “sell” rating in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

MTU Aero Engines Stock Up 0.1%

The company has a market capitalization of $19.96 billion, a PE ratio of 17.33 and a beta of 1.02. The firm has a 50-day simple moving average of $189.27 and a 200 day simple moving average of $206.86. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.44 and a quick ratio of 1.06.

MTU Aero Engines (OTCMKTS:MTUAY) last issued its quarterly earnings data on Tuesday, February 24th. The company reported $2.67 earnings per share (EPS) for the quarter. The company had revenue of $2.83 billion during the quarter. MTU Aero Engines had a net margin of 11.28% and a return on equity of 24.07%. On average, research analysts predict that MTU Aero Engines AG will post 11.47 EPS for the current fiscal year.

MTU Aero Engines Company Profile

MTU Aero Engines AG is a German aircraft engine manufacturer headquartered in Munich that develops, manufactures and services commercial and military aero engines as well as industrial gas turbines. The company’s activities span the entire engine lifecycle, from conceptual design and development through production of modules and components to aftermarket maintenance, repair and overhaul (MRO). MTU supplies parts and technical solutions for a broad range of jet engines and turbomachinery used by airlines, MRO providers and defense customers.

In addition to core engine development and manufacturing, MTU offers comprehensive aftermarket services including scheduled and unscheduled maintenance, spare parts distribution, repair technologies and fleet support programs.