Moog Inc. (MOG.A) Rating Reiterated by Cowen and Company
“Investors should receive Moog’s Q3 beat and raise well, as solid ops were aided by.”,” Cowen and Company’s analyst commented.
Other research analysts also recently issued research reports about the company. Zacks Investment Research upgraded Moog from a hold rating to a buy rating and set a $82.00 price target on the stock in a report on Saturday, June 10th. ValuEngine upgraded Moog from a hold rating to a buy rating in a report on Friday, June 2nd. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of Buy and a consensus target price of $80.50.
Moog (NYSE:MOG.A) last released its quarterly earnings data on Friday, July 28th. The aerospace company reported $1.11 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.88 by $0.23. Moog had a return on equity of 14.06% and a net margin of 5.50%. The firm had revenue of $626.20 million for the quarter, compared to the consensus estimate of $613.01 million. During the same quarter in the previous year, the business earned $1.00 earnings per share. The company’s quarterly revenue was up 2.1% on a year-over-year basis.
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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