MTU Aero Engines (OTCMKTS:MTUAY) Stock Rating Cut to “Strong Sell” at Zacks Research

Zacks Research lowered shares of MTU Aero Engines (OTCMKTS:MTUAY) from a hold rating to a strong sell rating in a report issued on Wednesday,Zacks reports.

MTUAY has been the topic of several other research reports. Jefferies Financial Group restated a “buy” rating on shares of MTU Aero Engines in a report on Thursday, August 13th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of MTU Aero Engines in a report on Thursday, August 13th. Barclays lowered MTU Aero Engines from an “equal weight” rating to a “strong sell” rating in a research report on Friday, August 7th. Finally, Citigroup upgraded MTU Aero Engines from a “sell” rating to a “buy” rating in a research note on Thursday, September 24th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

MTU Aero Engines Trading Down 2.0%

Shares of MTUAY stock opened at $190.68 on Wednesday. The stock has a market cap of $20.54 billion, a price-to-earnings ratio of 19.24 and a beta of 1.10. The company has a quick ratio of 1.06, a current ratio of 1.42 and a debt-to-equity ratio of 0.50. MTU Aero Engines has a fifty-two week low of $157.93 and a fifty-two week high of $238.57. The firm’s 50 day moving average price is $197.84 and its two-hundred day moving average price is $198.20.

MTU Aero Engines (OTCMKTS:MTUAY) last released its quarterly earnings data on Thursday, October 29th. The company reported $2.63 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.63. MTU Aero Engines had a net margin of 9.87% and a return on equity of 22.52%. The company had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.78 billion. On average, analysts anticipate that MTU Aero Engines will post 10.64 EPS for the current year.

MTU Aero Engines Company Profile

MTU Aero Engines AG is a Germany-based manufacturer of aircraft engines and engine components. The company develops, produces, and supports commercial and military propulsion systems, as well as industrial gas turbines. Its activities cover the full engine life cycle, including design, engineering, manufacturing, assembly, maintenance, repair, and overhaul.

MTU supplies major engine modules, components, and complete propulsion systems for a range of aircraft. The company participates in international programs such as the Pratt & Whitney GTF family for commercial aircraft, the EJ200 engine for the Eurofighter, and the TP400-D6 engine for the Airbus A400M military transport aircraft.