Kepler Capital Markets Downgrades MTU Aero Engines (OTCMKTS:MTUAY) to Hold

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

Several other analysts also recently weighed in on MTUAY. Zacks Research upgraded shares of MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 13th. Citigroup reaffirmed a “sell” rating on shares of MTU Aero Engines in a report on Wednesday. Finally, Royal Bank Of Canada raised MTU Aero Engines to a “hold” rating in a research note on Tuesday, November 18th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, MTU Aero Engines currently has a consensus rating of “Hold”.

MTU Aero Engines Trading Down 1.2%

OTCMKTS:MTUAY opened at $214.88 on Thursday. MTU Aero Engines has a 12-month low of $145.02 and a 12-month high of $238.57. The company has a current ratio of 1.39, a quick ratio of 1.04 and a debt-to-equity ratio of 0.58. The stock’s 50 day simple moving average is $222.50 and its 200-day simple moving average is $217.91. The firm has a market cap of $23.13 billion, a P/E ratio of 20.06 and a beta of 1.08.

MTU Aero Engines (OTCMKTS:MTUAY) last posted its quarterly earnings data on Tuesday, February 24th. The company reported $2.67 earnings per share for the quarter. The firm had revenue of $2.83 billion for the quarter. MTU Aero Engines had a net margin of 11.74% and a return on equity of 24.66%. Equities analysts anticipate that MTU Aero Engines will post 8.69 EPS for the current year.

About MTU Aero Engines

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.