Separately, Zacks Investment Research raised Moog from a sell rating to a hold rating in a research note on Thursday, September 1st. 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’s stock. The stock presently has a consensus rating of Hold and a consensus target price of $70.25.
Moog (NYSE:MOG.A) last issued its quarterly earnings results 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. The firm earned $613.26 million during the quarter, compared to analyst estimates of $639.26 million. Moog had a return on equity of 12.65% and a net margin of 5.04%. The firm’s quarterly revenue was down 3.4% on a year-over-year basis. During the same period last year, the company 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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