ValuEngine upgraded shares of Moog Inc. (NYSE:MOG.A) from a hold rating to a buy rating in a research report sent to investors on Friday, September 1st.
A number of other brokerages have also commented on MOG.A. Zacks Investment Research upgraded Moog from a hold rating to a buy rating and set a $86.00 price objective on the stock in a research report on Tuesday, August 1st. Cowen and Company reiterated a hold rating and issued a $75.00 price objective on shares of Moog in a research report on Friday, July 28th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of Buy and an average price target of $80.50.
Moog (NYSE:MOG.A) last released its quarterly earnings results on Friday, July 28th. The aerospace company reported $1.11 EPS for the quarter, topping the Zacks’ consensus estimate of $0.88 by $0.23. The business had revenue of $626.20 million for the quarter, compared to analyst estimates of $613.01 million. Moog had a return on equity of 14.06% and a net margin of 5.50%. Moog’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same period in the prior year, the company earned $1.00 EPS.
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Moog Company Profile
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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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