Jefferies Financial Group Downgrades Airbus (OTCMKTS:EADSY) to Hold

Jefferies Financial Group downgraded shares of Airbus (OTCMKTS:EADSY) from a buy rating to a hold rating in a research report report published on Friday, MarketBeat Ratings reports.

Airbus Price Performance

OTCMKTS:EADSY opened at $41.72 on Friday. The business’s 50-day moving average price is $41.92 and its 200 day moving average price is $39.07. The firm has a market cap of $131.99 billion, a P/E ratio of 28.97, a PEG ratio of 2.65 and a beta of 1.51. Airbus has a 52-week low of $34.10 and a 52-week high of $46.78. The company has a quick ratio of 0.44, a current ratio of 1.15 and a debt-to-equity ratio of 0.85.

Airbus (OTCMKTS:EADSY) last issued its quarterly earnings results on Thursday, February 20th. The aerospace company reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.16. The firm had revenue of $26.37 billion for the quarter, compared to analysts’ expectations of $24.22 billion. Airbus had a return on equity of 23.22% and a net margin of 6.10%. As a group, sell-side analysts predict that Airbus will post 1.74 earnings per share for the current fiscal year.

Airbus Company Profile

Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services.