MTU Aero Engines (OTCMKTS:MTUAY) Stock Rating Upgraded by The Goldman Sachs Group

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

MTU Aero Engines Stock Down 1.7 %

MTU Aero Engines stock opened at $166.55 on Monday. MTU Aero Engines has a 12 month low of $97.79 and a 12 month high of $171.86. The stock has a fifty day simple moving average of $159.78 and a two-hundred day simple moving average of $142.12. The firm has a market cap of $17.93 billion, a price-to-earnings ratio of 23.52 and a beta of 1.45. The company has a current ratio of 1.18, a quick ratio of 0.86 and a debt-to-equity ratio of 0.57.

MTU Aero Engines (OTCMKTS:MTUAY) last posted its earnings results on Thursday, October 24th. The company reported $2.02 earnings per share (EPS) for the quarter. MTU Aero Engines had a net margin of 10.16% and a return on equity of 23.13%. The business had revenue of $2.08 billion for the quarter. Equities analysts predict that MTU Aero Engines will post 7.34 EPS for the current fiscal year.

About MTU Aero Engines

MTU Aero Engines AG, together with its subsidiaries, engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally. It operates through two segments: Original Equipment Manufacturing (OEM Business); and Maintenance, Repair, and Overhaul (MRO Business).