Jefferies Financial Group Downgrades Airbus (OTCMKTS:EADSY) to Hold

Airbus (OTCMKTS:EADSY) was downgraded by investment analysts at Jefferies Financial Group from a “buy” rating to a “hold” rating in a research note issued on Friday, MarketBeat Ratings reports.

Airbus Trading Down 3.5 %

Shares of EADSY opened at $41.72 on Friday. The company’s fifty day simple moving average is $41.92 and its 200-day simple moving average is $39.06. The company has a market cap of $131.99 billion, a P/E ratio of 28.97, a P/E/G ratio of 2.65 and a beta of 1.51. The company has a current ratio of 1.15, a quick ratio of 0.44 and a debt-to-equity ratio of 0.85. Airbus has a twelve month low of $34.10 and a twelve month high of $46.78.

Airbus (OTCMKTS:EADSY) last posted its quarterly earnings data on Thursday, February 20th. The aerospace company reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.16. Airbus had a net margin of 6.10% and a return on equity of 23.22%. The company had revenue of $26.37 billion for the quarter, compared to analyst estimates of $24.22 billion. As a group, analysts expect that Airbus will post 1.74 EPS for the current year.

Airbus Company Profile

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.