Shares of Moog Inc. (NYSE:MOG.A – Get Free Report) have been given an average recommendation of “Moderate Buy” by the five analysts that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $446.25.
Several equities analysts have recently commented on the stock. Morgan Stanley assumed coverage on shares of Moog in a report on Friday. They set an “overweight” rating and a $448.00 price target on the stock. Wall Street Zen raised Moog from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 10th. TD Cowen reduced their price objective on Moog from $450.00 to $440.00 and set a “buy” rating for the company in a research report on Friday, October 9th. Truist Financial boosted their target price on Moog from $344.00 to $417.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Finally, JPMorgan Chase & Co. dropped their target price on Moog from $520.00 to $480.00 and set an “overweight” rating on the stock in a research report on Tuesday.
Check Out Our Latest Stock Analysis on Moog
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. Ancora Advisors LLC bought a new position in shares of Moog in the 2nd quarter valued at approximately $1,323,000. Globeflex Capital L P bought a new stake in Moog during the second quarter worth approximately $2,386,000. Public Employees Retirement System of Ohio bought a new stake in Moog during the second quarter worth approximately $426,000. Finally, Archer Investment Corp acquired a new position in Moog during the second quarter valued at approximately $342,000. Institutional investors and hedge funds own 87.95% of the company’s stock.
Moog Stock Up 2.7%
Shares of MOG.A stock traded up $10.00 during trading on Friday, hitting $375.14. 20,659 shares of the company were exchanged, compared to its average volume of 292,972. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.34 and a current ratio of 2.09. The firm has a market capitalization of $11.88 billion, a price-to-earnings ratio of 31.86 and a beta of 0.96. The business’s 50-day simple moving average is $382.57 and its 200 day simple moving average is $367.77. Moog has a twelve month low of $192.33 and a twelve month high of $448.85.
Moog (NYSE:MOG.A – Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The aerospace company reported $3.72 EPS for the quarter, beating analysts’ consensus estimates of $2.66 by $1.06. Moog had a net margin of 8.73% and a return on equity of 17.67%. The firm had revenue of $1.12 billion for the quarter. During the same period in the previous year, the firm posted $2.37 earnings per share. The business’s revenue for the quarter was up 15.2% on a year-over-year basis. As a group, analysts forecast that Moog will post 11.68 EPS for the current fiscal year.
Moog Company Profile
Moog Inc is a global designer and manufacturer of precision motion-control systems and components. The company develops technologies that control the position, velocity and force of machinery and equipment, serving customers in aerospace, defense, space, industrial and medical markets.
Its products and services include aircraft flight-control systems, actuation systems, servovalves, motion-control electronics, satellite and launch-vehicle components, missile and defense systems, and precision equipment for industrial automation and medical applications.
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