Jefferies Financial Group Upgrades Airbus (OTCMKTS:EADSY) to Buy

Airbus (OTCMKTS:EADSY) was upgraded by stock analysts at Jefferies Financial Group from a “hold” rating to a “buy” rating in a report issued on Friday, Marketbeat Ratings reports.

Several other research analysts have also recently commented on the stock. Berenberg Bank upgraded shares of Airbus from a “sell” rating to a “hold” rating in a report on Friday, March 21st. Morgan Stanley reaffirmed an “overweight” rating on shares of Airbus in a research note on Monday, March 10th. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Airbus currently has a consensus rating of “Moderate Buy”.

Airbus Price Performance

OTCMKTS EADSY opened at $43.95 on Friday. The stock has a market capitalization of $139.04 billion, a P/E ratio of 30.52, a P/E/G ratio of 2.65 and a beta of 1.15. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.44 and a current ratio of 1.15. The business’s fifty day moving average is $42.79 and its two-hundred day moving average is $41.18. Airbus has a 1 year low of $34.10 and a 1 year high of $47.50.

Airbus (OTCMKTS:EADSY) last announced its earnings results on Wednesday, April 30th. The aerospace company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.06. Airbus had a return on equity of 23.22% and a net margin of 6.10%. The company had revenue of $15.39 billion for the quarter, compared to analyst estimates of $13.07 billion. On average, research analysts forecast that Airbus will post 1.74 earnings per share for the current fiscal year.

About Airbus

Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services.