MTU Aero Engines (OTCMKTS:MTUAY) Upgraded at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of MTU Aero Engines (OTCMKTS:MTUAY - Free Report) from a hold rating to a strong-buy rating in a research report report published on Monday morning,Zacks.com reports.

MTU Aero Engines Price Performance

Shares of OTCMKTS:MTUAY traded down $2.28 during trading on Monday, reaching $164.27. The stock had a trading volume of 9,010 shares, compared to its average volume of 9,561. The business has a fifty day moving average price of $159.78 and a 200-day moving average price of $142.12. MTU Aero Engines has a 1-year low of $97.79 and a 1-year high of $171.86. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.86 and a current ratio of 1.18. The stock has a market cap of $17.68 billion, a PE ratio of 23.90 and a beta of 1.45.

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

MTU Aero Engines Company Profile

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).