Moog (MOG.A) Raised to Outperform at Cowen

Moog (NYSE:MOG.A) was upgraded by analysts at Cowen from a “market perform” rating to an “outperform” rating in a note issued to investors on Monday, January 29th.

MOG.A has been the topic of a number of other research reports. Zacks Investment Research downgraded shares of Moog from a “buy” rating to a “hold” rating in a report on Friday, January 5th. ValuEngine downgraded shares of Moog from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. SunTrust Banks reiterated a “hold” rating and issued a $87.00 price objective on shares of Moog in a research note on Friday, November 3rd. Finally, Credit Suisse Group cut shares of Moog from a “neutral” rating to an “underperform” rating in a research note on Friday, January 12th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the stock. Moog presently has a consensus rating of “Hold” and an average price target of $95.00.

Shares of Moog (MOG.A) opened at $84.82 on Monday. The firm has a market cap of $2,969.49, a P/E ratio of 26.93 and a beta of 1.78. The company has a quick ratio of 1.91, a current ratio of 2.75 and a debt-to-equity ratio of 0.78. Moog has a 1-year low of $60.28 and a 1-year high of $93.93.

Moog (NYSE:MOG.A) last posted its quarterly earnings results on Friday, January 26th. The aerospace company reported $0.93 EPS for the quarter, beating the Zacks’ consensus estimate of $0.85 by $0.08. Moog had a net margin of 4.42% and a return on equity of 12.60%. The company had revenue of $628.00 million during the quarter, compared to analyst estimates of $619.69 million. During the same period in the prior year, the business posted $0.91 EPS. The firm’s revenue was up 6.5% compared to the same quarter last year. research analysts predict that Moog will post 4.32 earnings per share for the current year.

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Moog Company Profile

Moog Inc is a designer, manufacturer and integrator of precision motion and fluid controls and systems for a range of applications in aerospace and defense and industrial markets. The Company has five segments: Aircraft Controls, Space and Defense Controls, Industrial Systems, Components and Medical Devices.

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