Airbus SE Short Interest Soars by 107.7% in February
Airbus SE (OTCMKTS:EADSY - Get Free Report) experienced a notable surge in short interest during February. As of February 15th, the total short interest reached 89,300 shares, reflecting a remarkable increase of 107.7% from the 43,000 shares reported on January 31st. With an average trading volume of 463,500 shares, the current days-to-cover ratio stands at 0.2 days.
Analyst Ratings Changes
In related news, Jefferies Financial Group downgraded Airbus from a "buy" to a "hold" rating on February 21st.
Airbus Price Performance
On a notable trading day, Airbus stock rose by $0.60, reaching a price of $43.37. The trading volume hit 3,698,502 shares, significantly higher than its average volume of 434,433 shares. The stock shows a fifty-day simple moving average of $42.14 and a two-hundred-day simple moving average of $39.27. Currently, Airbus has a market capitalization of $137.21 billion, a P/E ratio of 30.12, and a P/E/G ratio of 2.65. Over the past year, the stock has fluctuated between a low of $34.10 and a high of $46.78. The company reports a current ratio of 1.15, a quick ratio of 0.44, and a debt-to-equity ratio of 0.85.
On February 20th, Airbus announced its quarterly earnings. The company reported earnings per share of $0.82, surpassing market expectations which forecasted $0.66 by $0.16. Additionally, Airbus posted a return on equity of 23.22% and a net margin of 6.10%, with quarterly revenue totaling $26.37 billion, exceeding estimates of $24.22 billion. Analysts predict an average earnings per share of 1.74 for the current fiscal year.
Company Overview
Airbus SE, along with its subsidiaries, engages in designing, manufacturing, and delivering aerospace products, services, and solutions globally. The company operates through three main 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, while also offering conversion and related services.
Airbus, Stocks, ShortInterest