Airbus (OTCMKTS:EADSY) Downgraded to “Hold” Rating by Jefferies Financial Group

Jefferies Financial Group lowered shares of Airbus (OTCMKTS:EADSY) from a buy rating to a hold rating in a research note published on Friday, MarketBeat.com reports.

Airbus Trading Down 3.5 %

Shares of EADSY opened at $41.72 on Friday. The business has a 50-day moving average of $41.92 and a 200 day moving average of $39.04. Airbus has a fifty-two week low of $34.10 and a fifty-two week high of $46.78. The firm has a market cap of $131.99 billion, a P/E ratio of 37.25, a price-to-earnings-growth ratio of 2.70 and a beta of 1.51. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.44 and a current ratio of 1.15.

Airbus (OTCMKTS:EADSY) last announced its quarterly earnings data on Thursday, February 20th. The aerospace company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.16. Airbus had a return on equity of 18.14% and a net margin of 4.85%. The company had revenue of $26.37 billion during the quarter, compared to analyst estimates of $24.22 billion. As a group, research analysts forecast that Airbus will post 1.35 EPS for the current year.

About Airbus

Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services.