Moog (MOG.A) Lifted to Hold at ValuEngine

Moog (NYSE:MOG.A) was upgraded by investment analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued on Friday.

A number of other equities research analysts have also weighed in on MOG.A. Cowen restated a “buy” rating and issued a $110.00 price objective on shares of Moog in a report on Monday, July 30th. Zacks Investment Research lowered shares of Moog from a “hold” rating to a “sell” rating in a report on Thursday, August 2nd. Finally, TheStreet upgraded shares of 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’s stock. Moog currently has an average rating of “Buy” and an average target price of $94.00.

Shares of MOG.A traded up $5.95 during midday trading on Friday, reaching $80.79. The stock had a trading volume of 145,902 shares, compared to its average volume of 117,598. Moog has a 1-year low of $68.37 and a 1-year high of $93.93. The firm has a market capitalization of $2.51 billion, a price-to-earnings ratio of 20.72 and a beta of 1.63. The company has a current ratio of 2.26, a quick ratio of 1.47 and a debt-to-equity ratio of 0.68.

Moog (NYSE:MOG.A) last announced its quarterly earnings data on Friday, November 2nd. The aerospace company reported $1.28 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.18 by $0.10. Moog had a net margin of 3.56% and a return on equity of 12.55%. The business had revenue of $700.90 million for the quarter, compared to analyst estimates of $689.00 million. During the same period last year, the business earned $1.07 EPS. The company’s revenue was up 7.9% on a year-over-year basis. On average, analysts predict that Moog will post 4.44 earnings per share for the current fiscal year.

About Moog

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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