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

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

MTU Aero Engines Stock Down 1.4 %

OTCMKTS MTUAY opened at $164.27 on Monday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.18 and a quick ratio of 0.86. The stock has a market capitalization of $17.68 billion, a PE ratio of 23.20 and a beta of 1.45. MTU Aero Engines has a 1 year low of $97.79 and a 1 year high of $171.86. The business’s 50-day moving average is $160.11 and its 200 day moving average is $142.28.

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. The company had revenue of $2.08 billion for the quarter. MTU Aero Engines had a return on equity of 23.13% and a net margin of 10.16%. Sell-side analysts forecast that MTU Aero Engines will post 7.34 earnings per share 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).