The number of short positions opened on Airbus SE (OTCMKTS: EADSY) saw a significant decline in activity during December. As of December 15, the number of shares held in short positions was 44,000, a decrease of 25.5% from the number of shares held in short positions as of November 30, which was 59,100. As a result, the days-to-cover ratio is currently at 0.1 days, which was determined based on an average daily trading volume of 468,100 shares. This ratio was arrived at by using the formula:
The most recent earnings report for Airbus, which was traded under the ticker symbol OTCMKTS: EADSY, was made public on Friday, October 28. The aerospace company reported earnings per share (EPS) of $0.21 for the quarter, which was $0.05 higher than the average estimate compiled by analysts, which was $0.16. However, the actual revenue that the company brought in for the quarter was $13.41 billion, which is significantly higher than the $12.56 billion that analysts predicted it would bring in for the period. In addition, the return on equity for the company came in at an impressive 46.71%, while the net margin for the business came in at 7.62%. Earnings of $1.27 per share are what analysts who specialize in stock analysis anticipate Airbus will achieve in 2018, according to their projections.
Recent reports from multiple analysts have EADSY as the primary topic of discussion, and these reports are relatively recent. JPMorgan Chase & Co. increased their price target for Airbus in a research note published on Tuesday, November 1. The new price target is €185.00 ($196.81), an increase from the previous price target of €155.00 ($164.89). In addition, while adjusting, they gave the company a rating of “overweight.” In a research report made available to the public on December 7, Kepler Capital Markets recommended that Airbus shareholders “hold” their shares rather than “buy” the company’s stock as they had in the past. Research on Airbus was one of the topics that Redburn Partners began covering on November 7, when they launched their first study on the subject. They recommended “buying” the stock as a whole to investors. Finally, the Goldman Sachs Group changed its recommendation on Airbus on Tuesday, September 6, from a “conviction-buy” rating to a “buy” rating in a research note published that day.
In contrast to the seven financial analysts who gave the stock a buy rating, only one of those surveyed gave the stock a recommendation to hold onto it. They all gave the stock a rating of “buy.” According to information from Bloomberg.com, the stock is currently rated as having a consensus price objective of $152.20, which corresponds to a “Moderate Buy” rating. The stock has been given an average recommendation of “Moderate Buy.”
The price of OTCMKTS: EADSY dropped by $0.02 during trading on Friday, bringing it down to $29.66 per share. The number of shares traded by the company was significantly lower than the typical volume of 228,571 shares. The company has a market capitalization of $93.50 billion, a price-to-earnings ratio of 20.60, a price-to-earnings-growth ratio of 1.88, and a beta value of 1.66. All of these metrics indicate that the stock is relatively expensive. The value of the current ratio comes in at 1.08, the value of the quick ratio comes in at 0.50, and the value of the debt-to-equity ratio comes in at 4.09. The stock price has had a moving average of $28.73 for the past fifty days, and the moving average for the past two years has been $26.15, respectively. During the past year, the price of Airbus has ranged from a 52-week low of $20.91 to a 52-week high of $34.24.
Airbus SE is a multinational corporation well-known for being the industry’s leading supplier of aerospace products, services, and solutions. Airbus, Helicopters, and Defense and Space are the three distinct operational divisions that comprise the corporation. Airbus is a multinational corporation specializing in producing, marketing, and selling regional turboprop aircraft, commercial jet aircraft, aircraft components, aircraft conversions, and other aviation-related products and services. Approximately one hundred passengers can be accommodated in each aircraft at a time.
Airbus SE (OTCMKTS:EADSY) short interest falls by 25.5%.
