Moog Inc. (MOG.A) Given Average Rating of “Hold” by Analysts
Shares of Moog Inc. (NYSE:MOG.A) have been assigned an average recommendation of “Hold” from the seven analysts that are presently covering the stock. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $74.67.
Several research analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of Moog from a “buy” rating to a “hold” rating in a report on Wednesday, July 6th. TheStreet raised shares of Moog from a “hold” rating to a “buy” rating in a report on Friday, August 5th.
Moog (NYSE:MOG.A) last issued its quarterly earnings data on Friday, July 29th. The company reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.12. Moog had a net margin of 5.04% and a return on equity of 12.65%. The firm earned $613.26 million during the quarter, compared to the consensus estimate of $639.26 million. During the same quarter in the previous year, the firm posted $1.05 EPS. The company’s revenue for the quarter was down 3.4% compared to the same quarter last year.
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Moog Inc is a designer, manufacturer and integrator of precision motion control products and systems for a range of applications in aerospace and defense, and industrial markets. The Company’s systems control military and commercial aircraft, satellites and space vehicles, launch vehicles, missiles, industrial machinery, wind energy, marine applications and medical equipment.
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