MTU Aero Engines (OTCMKTS:MTUAY) Stock Rating Upgraded by Kepler Capital Markets

MTU Aero Engines (OTCMKTS:MTUAY) was upgraded by research analysts at Kepler Capital Markets from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

A number of other analysts have also recently issued reports on the stock. Zacks Research cut shares of MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Citigroup reiterated a “sell” rating on shares of MTU Aero Engines in a research note on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

MTU Aero Engines Stock Performance

MTUAY stock opened at $192.83 on Tuesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.06 and a current ratio of 1.44. The stock has a market cap of $20.78 billion, a P/E ratio of 18.00 and a beta of 1.16. The firm has a 50 day simple moving average of $206.18 and a 200 day simple moving average of $212.23. MTU Aero Engines has a 52 week low of $146.31 and a 52 week high of $238.57.

MTU Aero Engines (OTCMKTS:MTUAY) last posted its quarterly earnings results on Tuesday, February 24th. The company reported $2.67 EPS for the quarter. The business had revenue of $2.83 billion during the quarter. MTU Aero Engines had a net margin of 11.74% and a return on equity of 23.32%. Research analysts anticipate that MTU Aero Engines will post 8.69 earnings per share 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.