Moog Inc. (NYSE:MOG.A) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Wednesday.
According to Zacks, “MOOG, is a worldwide manufacturer of precision control components and systems. Moog actuation devices control high-performance aircraft, strategic and tactical missiles and automated industrial machinery. Products include flight control servoactuators for use on aircraft, propulsion system components, special purpose pumps and filter assemblies, thermal management controls for space stations, pneumatic components and systems, radio control systems, brushless electric servomotors, and controls for industrial automation equipment. “
Separately, TheStreet raised Moog from a “hold” rating to a “buy” rating in a report on Friday, August 5th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. Moog currently has an average rating of “Hold” and a consensus price target of $70.25.
Moog (NYSE:MOG.A) last issued its earnings results on Friday, July 29th. The company reported $1.00 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.88 by $0.12. The firm had revenue of $613.26 million for the quarter, compared to the consensus estimate of $639.26 million. Moog had a return on equity of 12.65% and a net margin of 5.04%. The company’s revenue was down 3.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.05 EPS.
Moog Company Profile
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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