MTU Aero Engines (OTCMKTS:MTUAY) Hits New 12-Month High – Should You Buy?

MTU Aero Engines AG (OTCMKTS:MTUAY)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as $183.58 and last traded at $181.80, with a volume of 14125 shares trading hands. The stock had previously closed at $173.61.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded shares of MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 11th.

MTU Aero Engines Stock Up 4.7 %

The company has a market capitalization of $19.57 billion, a price-to-earnings ratio of 28.77 and a beta of 1.44. 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 business has a 50-day simple moving average of $169.71 and a two-hundred day simple moving average of $163.74.

MTU Aero Engines (OTCMKTS:MTUAY) last issued its quarterly earnings results on Wednesday, February 19th. The company reported $2.16 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.12. The firm had revenue of $2.27 billion during the quarter. MTU Aero Engines had a return on equity of 24.62% and a net margin of 8.64%. As a group, equities analysts predict that MTU Aero Engines AG will post 8.69 EPS for the current 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).