ValuEngine upgraded shares of Moog (NYSE:MOG.A) from a sell rating to a hold rating in a report issued on Friday morning.
A number of other research analysts also recently issued reports on the company. Cowen reaffirmed a buy rating and set a $110.00 price target on shares of Moog in a report on Monday, July 30th. Zacks Investment Research raised Moog from a hold rating to a buy rating and set a $94.00 price target on the stock in a report on Thursday, September 27th. Finally, TheStreet raised Moog from a c+ rating to a b- rating in a report on Wednesday, August 22nd. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of Buy and an average price target of $94.00.
Shares of NYSE:MOG.A traded up $5.95 during midday trading on Friday, reaching $80.79. 145,902 shares of the company’s stock traded hands, compared to its average volume of 143,733. The company has a market cap of $2.89 billion, a P/E ratio of 17.87 and a beta of 1.74. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.26 and a quick ratio of 1.47. Moog has a one year low of $68.37 and a one year high of $93.93.
Moog (NYSE:MOG.A) last announced its quarterly earnings results on Friday, November 2nd. The aerospace company reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.18 by $0.10. The firm had revenue of $700.90 million for the quarter, compared to the consensus estimate of $689.00 million. Moog had a return on equity of 12.55% and a net margin of 3.56%. The company’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the company posted $1.07 earnings per share. On average, sell-side analysts anticipate that Moog will post 5.22 earnings per share for the current year.
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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To view ValuEngine’s full report, visit ValuEngine’s official website.
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