Moog (MOG.A) Stock Rating Upgraded by Zacks Investment Research
Zacks Investment Research upgraded shares of Moog (NYSE:MOG.A) from a hold rating to a buy rating in a research report report published on Saturday. The firm 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. “
Other equities research analysts also recently issued research reports about the stock. ValuEngine raised shares of Moog from a hold rating to a buy rating in a research note on Sunday, December 31st. SunTrust Banks reaffirmed a hold rating and set a $87.00 price target on shares of Moog in a research note on Friday, November 3rd. Cowen reaffirmed a hold rating on shares of Moog in a research note on Friday, November 3rd. Finally, Credit Suisse Group downgraded shares of Moog from a neutral rating to an underperform rating in a research note on Friday, January 12th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of $87.67.
Moog (NYSE:MOG.A) last released its quarterly earnings results on Friday, November 3rd. The aerospace company reported $1.07 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.95 by $0.12. Moog had a net margin of 5.66% and a return on equity of 13.03%. analysts expect that Moog will post 4.1 EPS for the current 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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