MTU Aero Engines (OTCMKTS:MTUAY) Reaches New 1-Year High – Still a Buy?

MTU Aero Engines AG (OTCMKTS:MTUAY)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $174.92 and last traded at $174.53, with a volume of 6499 shares. The stock had previously closed at $171.93.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group raised 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 1.5 %

The company has a market cap of $18.79 billion, a P/E ratio of 24.65 and a beta of 1.44. The company has a quick ratio of 0.86, a current ratio of 1.18 and a debt-to-equity ratio of 0.57. The business’s 50 day moving average is $167.04 and its 200 day moving average is $156.83.

MTU Aero Engines (OTCMKTS:MTUAY) last issued its quarterly earnings results on Thursday, October 24th. The company reported $2.02 earnings per share (EPS) for the quarter. The business 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%. As a group, equities analysts anticipate that MTU Aero Engines AG will post 7.39 earnings per share for the current fiscal 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).