According to Zacks, “Moog Inc is a designer, manufacturer, and integrator of precision motion control products and solutions. Moog Inc high-performance systems control military and commercial aircraft, satellites and space vehicles, launch vehicles, missiles, industrial machinery, wind energy, marine applications, and medical equipment. Moog Inc world-class product lines in servo and proportional valves, servo motors and drives, servo actuators, motion systems, controllers and software, and slip rings for data and power transmission provide the highest performance for hydraulic, electric, and hybrid systems. Moog Inc motion control technology enhances performance in a variety of markets and applications, from commercial aircraft cockpits, to power-generation turbines, to Formula One racing, to medical infusion systems. Moog Inc supports talented people, allowing them to approach their work with energy, enthusiasm, and the promise of success. “
Other equities analysts have also recently issued reports about the company. SunTrust Banks cut Moog from a buy rating to a hold rating in a report on Monday, July 29th. Cowen reissued a buy rating and issued a $110.00 price target on shares of Moog in a report on Friday, November 1st. Credit Suisse Group boosted their price target on Moog from $86.00 to $98.00 and gave the stock a neutral rating in a report on Monday, July 29th. Finally, ValuEngine raised Moog from a sell rating to a hold rating in a report on Monday, November 4th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company. Moog currently has a consensus rating of Hold and an average target price of $101.75.
Shares of NYSE MOG.A traded down $0.56 during trading on Friday, reaching $87.13. The company had a trading volume of 110,246 shares, compared to its average volume of 135,529. Moog has a twelve month low of $71.68 and a twelve month high of $98.52. The stock has a market capitalization of $3.05 billion, a PE ratio of 17.05 and a beta of 1.62. The stock has a 50-day moving average price of $83.47 and a two-hundred day moving average price of $86.05. The company has a current ratio of 2.24, a quick ratio of 1.56 and a debt-to-equity ratio of 0.63.
Moog (NYSE:MOG.A) last released its quarterly earnings results on Friday, November 1st. The aerospace company reported $1.31 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.26 by $0.05. Moog had a return on equity of 13.65% and a net margin of 6.19%. The company had revenue of $765.20 million during the quarter, compared to analysts’ expectations of $740.49 million. During the same period in the previous year, the firm posted $1.28 earnings per share. The business’s revenue for the quarter was up 9.2% compared to the same quarter last year. On average, sell-side analysts predict that Moog will post 5.55 EPS for the current year.
Moog Inc designs, manufactures, and integrates precision motion and fluid controls and systems for original equipment manufacturers and end users in the aerospace, defense, and industrial markets worldwide. The company's Aircrafts Controls segment offers primary and secondary flight controls for military and commercial aircrafts; aftermarket support services; and ground-based navigation aids.
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