Airbus (OTCMKTS:EADSY) Upgraded by Zacks Research to Hold Rating

Airbus (OTCMKTS:EADSY) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

EADSY has been the subject of a number of other research reports. Citigroup raised Airbus from a “neutral” rating to a “buy” rating in a research report on Thursday, March 5th. UBS Group reaffirmed a “buy” rating on shares of Airbus in a research report on Friday, April 10th. Erste Group Bank cut Airbus from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. BNP Paribas Exane assumed coverage on Airbus in a research report on Monday, April 13th. They issued a “neutral” rating for the company. Finally, Jefferies Financial Group reiterated a “hold” rating on shares of Airbus in a research note on Friday, February 20th. Four investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold”.

Airbus Price Performance

Shares of OTCMKTS:EADSY opened at $49.85 on Monday. Airbus has a fifty-two week low of $45.01 and a fifty-two week high of $64.35. The business has a 50-day moving average of $49.48 and a two-hundred day moving average of $54.71. The stock has a market capitalization of $157.31 billion, a P/E ratio of 27.09, a P/E/G ratio of 1.85 and a beta of 1.10. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.16 and a quick ratio of 0.50.

Airbus (OTCMKTS:EADSY) last announced its quarterly earnings results on Tuesday, April 28th. The aerospace company reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.09. Airbus had a return on equity of 20.90% and a net margin of 6.92%.The company had revenue of $14.80 billion during the quarter, compared to analysts’ expectations of $14.83 billion. On average, equities research analysts predict that Airbus will post 2.1 EPS for the current fiscal 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.