Airbus (OTCMKTS:EADSY) Share Price Passes Below 50 Day Moving Average of $43.04

Airbus SE (OTCMKTS:EADSY)’s stock price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $43.04 and traded as low as $42.32. Airbus shares last traded at $42.52, with a volume of 110,200 shares changing hands.

Wall Street Analyst Weigh In

EADSY has been the subject of a number of analyst reports. UBS Group raised shares of Airbus from a “sell” rating to a “neutral” rating in a research report on Wednesday, March 6th. Royal Bank of Canada raised shares of Airbus from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, March 19th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Airbus Stock Down 0.3 %

The company has a debt-to-equity ratio of 0.95, a current ratio of 1.19 and a quick ratio of 0.56. The firm’s 50-day moving average price is $43.04 and its 200 day moving average price is $38.97. The firm has a market cap of $134.75 billion, a P/E ratio of 32.71, a PEG ratio of 1.92 and a beta of 1.54.

Airbus (OTCMKTS:EADSY) last announced its quarterly earnings results on Thursday, February 15th. The aerospace company reported $0.50 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.04). Airbus had a net margin of 5.79% and a return on equity of 24.12%. The firm had revenue of $24.64 billion during the quarter, compared to analyst estimates of $24.44 billion. On average, equities research analysts expect that Airbus SE will post 1.78 earnings per share for the current fiscal year.

Airbus Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, May 3rd. Shareholders of record on Wednesday, April 17th will be paid a $0.3635 dividend. The ex-dividend date is Tuesday, April 16th. This is a positive change from Airbus’s previous dividend of $0.36. Airbus’s dividend payout ratio (DPR) is presently 27.69%.

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.