According to Bloomberg Ratings, the nine research firms that cover Airbus SE (OTCMKTS: EADSY) have assigned the company a rating of “Moderate Buy” as the company’s overall consensus recommendation. In addition, seven research analysts have given the company a recommendation to buy, while only one has recommended that investors hold onto their shares. The average price objective for the stock covered by analysts in the preceding year is $152.20, and they have projected that this price will be achieved within the next year.
Over the past few months, a significant increase in research companies has shown an interest in EADSY. Goldman Sachs Group lowered its recommendation for buying Airbus shares from a “conviction buy” rating to a “buys” rating in a research note published on Tuesday, September 6. Redburn Partners published a research note on November 7, announcing that they would begin covering shares of Airbus. They suggested that an interested party purchase the company. JPMorgan Chase & Co. upgraded their rating of the company to “overweight” and increased their price objective on Airbus shares from €155.00 ($163.16) to €185.00 ($194.74). This was announced in a research note published on Tuesday, November 1. In a research note released on Wednesday, Kepler Capital Markets downgraded Airbus from a “buy” rating to a “hold” rating. This was the last but not the least of the rating changes.
EADSY stock started the trading day on Friday for $29.21 per share. During the previous year, the share price of Airbus ranged from a yearly low of $20.91 to a yearly high of $34.24. 4.09 is the debt to equity ratio, 0.51 is the ratio of the quick ratio to the current ratio, 1.08 is the current ratio to the quick ratio, and so on. The stock’s moving average over the past 50 days is $26.89, and its moving average over the past 200 days is $26.02. The company’s market value is $92.09 billion; it has a PE ratio of 20, a price-to-earnings-growth ratio of 1.84, and a beta value of 1.66, all of which indicate that it is a good investment. In addition to this, its price-to-earnings-growth ratio currently stands at 1.84.
Airbus (OTCMKTS: EADSY) announced the release of its financial results for the third quarter on Friday, October 28, 2018. The aerospace company beat analysts’ expectations by reporting earnings per share for the quarter of $0.21, which was $0.05 higher than the average estimate of $0.16 and exceeded expectations overall. In their financial statements, Airbus revealed a net margin of 7.62% and a return on equity of 46.71%. The actual sales for the company for the quarter came in at $13.41 billion, which is a significant increase over the average prediction of $12.56 billion in sales for the quarter. The sell-side analysts forecast that Airbus will generate $1.27 per share earnings during the current fiscal year.
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.