MTU Aero Engines (OTCMKTS:MTUAY) Raised to Strong-Buy at The Goldman Sachs Group

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

MTU Aero Engines Stock Performance

Shares of MTUAY stock opened at $166.55 on Monday. The company has a current ratio of 1.18, a quick ratio of 0.86 and a debt-to-equity ratio of 0.57. The company has a market cap of $17.93 billion, a PE ratio of 23.52 and a beta of 1.45. MTU Aero Engines has a 12-month low of $97.79 and a 12-month high of $171.86. The business’s fifty day simple moving average is $159.78 and its 200-day simple moving average is $142.12.

MTU Aero Engines (OTCMKTS:MTUAY) last announced its earnings results on Thursday, October 24th. The company reported $2.02 earnings per share (EPS) for the quarter. MTU Aero Engines had a return on equity of 23.13% and a net margin of 10.16%. The company had revenue of $2.08 billion for the quarter. Analysts expect 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).