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

MTU Aero Engines AG (OTCMKTS:MTUAY) shares hit a new 52-week high during mid-day 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.

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 report on Monday, November 11th.

MTU Aero Engines Price Performance

The stock 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 current ratio of 1.18, a quick ratio of 0.86 and a debt-to-equity ratio of 0.57. The company’s 50 day moving average is $169.71 and its 200 day moving average is $163.74.

MTU Aero Engines (OTCMKTS:MTUAY) last posted its earnings results on Wednesday, February 19th. The company reported $2.16 EPS for the quarter, topping analysts’ consensus estimates of $2.04 by $0.12. The business had revenue of $2.27 billion for the quarter. MTU Aero Engines had a return on equity of 24.62% and a net margin of 8.64%. Research analysts anticipate that MTU Aero Engines AG will post 8.69 EPS 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).