Moog Inc. (MOG.A) Issues FY18 Earnings Guidance
Moog Inc. (NYSE:MOG.A) updated its FY18 earnings guidance on Friday. The company provided EPS guidance of $3.90-4.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.10. The company issued revenue guidance of $2.62 billion, compared to the consensus revenue estimate of $2.54 billion.
A number of equities research analysts recently commented on the company. Zacks Investment Research downgraded Moog from a buy rating to a hold rating in a research report on Tuesday, October 17th. ValuEngine downgraded Moog from a buy rating to a hold rating in a research report on Monday, October 2nd. Finally, Cowen and Company reiterated a hold rating and issued a $75.00 target price on shares of Moog in a research report on Friday, July 28th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of Hold and an average target price of $80.50.
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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