Zacks Investment Research upgraded shares of Moog (NYSE:MOG.A) from a hold rating to a buy rating in a report issued on Saturday. Zacks Investment Research currently has $101.00 target price on the aerospace company’s stock.
According to Zacks, “Moog, Inc. is a designer, manufacturer and integrator of precision motion, fluid controls and systems for applications in aerospace, defense and industrial markets. It operates through five segments: Aircraft Controls, Space and Defense Controls, Industrial Systems, Components and Medical Devices. The Aircraft Controls segment designs, manufactures and integrates primary and secondary flight controls for military and commercial aircraft and provides aftermarket support. The Space and Defense Controls segment provides controls for satellites and space vehicles, armored combat vehicles, tactical and strategic missiles, security and surveillance. The Industrial Systems segment designs and manufactures electric pitch controls and blade monitoring systems for wind turbines and also supplies electromechanical motion simulation bases. Its Components segment offers slip rings, fiber optic rotary joints and handpieces product line. Its Medical Devices segment focuses on infusion therapy & enteral clinical nutrition. “
A number of other research analysts have also weighed in on MOG.A. ValuEngine lowered Moog from a buy rating to a hold rating in a report on Monday, October 2nd. Cowen restated a hold rating on shares of Moog in a report on Friday, November 3rd. SunTrust Banks restated a hold rating and issued a $87.00 price objective on shares of Moog in a report on Friday, November 3rd. Finally, Credit Suisse Group lowered Moog from a neutral rating to an underperform rating in a report on Friday. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of $87.67.
Moog (NYSE:MOG.A) last announced its quarterly earnings data on Friday, November 3rd. The aerospace company reported $1.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.95 by $0.12. Moog had a return on equity of 13.03% and a net margin of 5.66%. equities research analysts forecast that Moog will post 4.1 earnings per share for the current fiscal year.
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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.
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