Airbus SE (OTCMKTS:EADSY) Short Interest Down 43.4% in August

Airbus SE (OTCMKTS:EADSY) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totalling 33,100 shares, a decline of 43.4% from the August 15th total of 58,500 shares. Based on an average daily volume of 239,200 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

Several brokerages have recently commented on EADSY. Royal Bank of Canada assumed coverage on shares of Airbus in a research report on Thursday, June 15th. They set a “sector perform” rating on the stock. Stifel Nicolaus started coverage on Airbus in a report on Wednesday, August 30th. They set a “buy” rating on the stock. Finally, Morgan Stanley initiated coverage on Airbus in a research note on Tuesday, June 13th. They issued an “overweight” rating for the company. Two analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $185.00.

Airbus Price Performance

Shares of EADSY stock opened at $34.80 on Friday. The stock has a market cap of $110.02 billion, a P/E ratio of 27.40, a PEG ratio of 1.79 and a beta of 1.59. The company’s fifty day simple moving average is $36.05 and its two-hundred day simple moving average is $34.72. The company has a quick ratio of 0.55, a current ratio of 1.20 and a debt-to-equity ratio of 1.23. Airbus has a 52 week low of $20.91 and a 52 week high of $37.80.

Airbus (OTCMKTS:EADSY) last posted its earnings results on Wednesday, July 26th. The aerospace company reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.09). Airbus had a return on equity of 30.92% and a net margin of 6.27%. The firm had revenue of $17.31 billion during the quarter, compared to analysts’ expectations of $18.18 billion. Analysts predict that Airbus will post 1.58 EPS for the current fiscal year.

Airbus Company Profile

Airbus SE 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; and regional turboprop aircraft and aircraft components, as well as provides aircraft conversion and related services.