Moog (MOG.A) Posts Earnings Results, Beats Estimates By $0.10 EPS

Moog (NYSE:MOG.A) announced its quarterly earnings data on Friday. The aerospace company reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.18 by $0.10, Briefing.com reports. The firm had revenue of $700.90 million during the quarter, compared to analysts’ expectations of $689.00 million. Moog had a net margin of 3.56% and a return on equity of 12.55%. The business’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.07 earnings per share. Moog updated its FY19 guidance to $5.05-5.40 EPS.

MOG.A stock opened at $80.79 on Friday. Moog has a 12 month low of $68.37 and a 12 month high of $93.93. The firm has a market capitalization of $2.56 billion, a P/E ratio of 20.72 and a beta of 1.74. The company has a quick ratio of 1.47, a current ratio of 2.26 and a debt-to-equity ratio of 0.68.

MOG.A has been the subject of several analyst reports. TheStreet upgraded shares of Moog from a “c+” rating to a “b-” rating in a report on Wednesday, August 22nd. ValuEngine upgraded shares of Moog from a “sell” rating to a “hold” rating in a report on Friday. Zacks Investment Research upgraded shares of Moog from a “hold” rating to a “buy” rating and set a $94.00 price target for the company in a report on Thursday, September 27th. Finally, Cowen reiterated a “buy” rating and set a $110.00 price target on shares of Moog in a report on Monday, July 30th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $94.00.

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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Earnings History for Moog (NYSE:MOG.A)

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