Airbus (OTCMKTS:EADSY) Cut to “Strong Sell” at Zacks Research

Zacks Research downgraded shares of Airbus (OTCMKTS:EADSY) from a hold rating to a strong sell rating in a report issued on Monday,Zacks.com reports.

Other analysts also recently issued reports about the stock. Rothschild & Co Redburn downgraded shares of Airbus from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 23rd. Erste Group Bank cut shares of Airbus from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. Citigroup raised shares of Airbus from a “neutral” rating to a “buy” rating in a research note on Thursday, March 5th. Finally, Jefferies Financial Group reissued a “hold” rating on shares of Airbus in a research report on Friday, February 20th. Four investment analysts have rated the stock with 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 stock currently has an average rating of “Hold”.

Airbus Trading Up 2.5%

OTCMKTS EADSY opened at $48.45 on Monday. Airbus has a 12 month low of $36.28 and a 12 month high of $64.35. The stock has a 50-day simple moving average of $53.22 and a 200 day simple moving average of $57.04. The company has a current ratio of 1.16, a quick ratio of 0.50 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $152.90 billion, a PE ratio of 25.64, a P/E/G ratio of 1.27 and a beta of 1.11.

Airbus (OTCMKTS:EADSY) last issued its earnings results on Thursday, February 19th. The aerospace company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.07. The firm had revenue of $30.25 billion for the quarter, compared to analysts’ expectations of $33.55 billion. Airbus had a return on equity of 22.35% and a net margin of 7.15%. Research analysts forecast that Airbus will post 1.74 EPS for the current 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.