Moog (NYSE:MOG.A) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Thursday.
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 analysts have also issued reports about the company. ValuEngine raised Moog from a “hold” rating to a “buy” rating in a research report on Tuesday, February 5th. Bank of America raised Moog from an “underperform” rating to a “buy” rating and set a $94.00 target price on the stock in a research report on Wednesday, November 14th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $95.75.
Shares of MOG.A opened at $95.58 on Thursday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.51 and a current ratio of 2.20. The firm has a market capitalization of $3.30 billion, a P/E ratio of 20.91 and a beta of 1.66. Moog has a twelve month low of $68.37 and a twelve month high of $96.01.
Moog (NYSE:MOG.A) last released its quarterly earnings data on Friday, January 25th. The aerospace company reported $1.25 EPS for the quarter, beating the consensus estimate of $1.11 by $0.14. Moog had a return on equity of 13.80% and a net margin of 5.04%. The company had revenue of $679.70 million for the quarter, compared to analyst estimates of $676.28 million. During the same period last year, the company posted $0.93 earnings per share. The firm’s revenue was up 8.3% compared to the same quarter last year. Equities research analysts expect that Moog will post 5.29 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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