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 research analysts have also issued reports about the stock. ValuEngine upgraded shares of Moog from a sell rating to a hold rating in a report on Monday, November 4th. Credit Suisse Group increased their price target on shares of Moog from $86.00 to $98.00 and gave the stock a neutral rating in a research note on Monday, July 29th. Cowen reiterated a buy rating and issued a $110.00 price target on shares of Moog in a research note on Friday, November 1st. Finally, SunTrust Banks lowered shares of Moog from a buy rating to a hold rating in a research note on Monday, July 29th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of $101.75.
Shares of Moog stock traded down $0.56 during trading on Friday, reaching $87.13. The company’s stock had a trading volume of 110,246 shares, compared to its average volume of 135,529. The firm’s 50-day moving average is $83.47 and its two-hundred day moving average is $86.05. Moog has a 52-week low of $71.68 and a 52-week high of $98.52. The company has a quick ratio of 1.56, a current ratio of 2.24 and a debt-to-equity ratio of 0.63. The company has a market cap of $3.05 billion, a price-to-earnings ratio of 17.05 and a beta of 1.62.
Moog (NYSE:MOG.A) last posted its quarterly earnings results on Friday, November 1st. The aerospace company reported $1.31 EPS for the quarter, beating the Zacks’ consensus estimate of $1.26 by $0.05. Moog had a net margin of 6.19% and a return on equity of 13.65%. The company had revenue of $765.20 million during the quarter, compared to analyst estimates of $740.49 million. During the same period in the prior year, the business posted $1.28 EPS. The firm’s revenue was up 9.2% compared to the same quarter last year. On average, equities research analysts anticipate that Moog will post 5.55 EPS for the current year.
Moog Company Profile
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Moog Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Moog and related companies with MarketBeat.com's FREE daily email newsletter.