Moog Rating Lowered to Hold at KeyCorp (MOG-A)
Moog (NASDAQ:MOG-A) was downgraded by equities research analysts at KeyCorp to a “hold” rating in a research note issued to investors on Friday, AnalystRatingsNetwork.com reports.
Shares of Moog (NASDAQ:MOG-A) traded down 7.47% during mid-day trading on Friday, hitting $63.59. 493,373 shares of the company’s stock traded hands. Moog has a 52 week low of $42.85 and a 52 week high of $69.97. The stock has a 50-day moving average of $67.34 and a 200-day moving average of $60.17. The company has a market cap of $2.885 billion and a price-to-earnings ratio of 26.13.
Moog (NASDAQ:MOG-A) last issued its quarterly earnings data on Friday, January 24th. The company reported $0.88 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.89 by $0.01. The company had revenue of $643.00 million for the quarter, compared to the consensus estimate of $640.66 million.
Several other analysts have also recently commented on the stock. Analysts at RBC Capital downgraded shares of Moog from an “outperform” rating to a “sector perform” rating in a research note to investors on Friday, January 3rd. They now have a $69.00 price target on the stock, down previously from $70.00.
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