Moog (NYSE:MOG.A) Director Janet Coletti Sells 604 Shares

Moog Inc. (NYSE:MOG.A) Director Janet Coletti sold 604 shares of Moog stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $379.66, for a total value of $229,314.64. Following the sale, the director owned 6,145 shares of the company’s stock, valued at approximately $2,333,010.70. This trade represents a 8.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Moog Stock Performance

NYSE:MOG.A opened at $395.31 on Friday. The business has a 50 day moving average of $326.81 and a 200 day moving average of $300.11. The company has a market capitalization of $12.52 billion, a price-to-earnings ratio of 44.47 and a beta of 0.98. Moog Inc. has a 1-year low of $171.11 and a 1-year high of $409.06. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.68 and a quick ratio of 1.12.

Moog (NYSE:MOG.A) last released its earnings results on Friday, April 24th. The aerospace company reported $2.64 earnings per share for the quarter, topping analysts’ consensus estimates of $2.36 by $0.28. The company had revenue of $1.05 billion during the quarter. Moog had a return on equity of 16.11% and a net margin of 6.83%.The business’s quarterly revenue was up 12.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.92 EPS. On average, sell-side analysts predict that Moog Inc. will post 10.61 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on MOG.A shares. Truist Financial upgraded Moog to a “strong-buy” rating in a research report on Friday, May 1st. TD Cowen boosted their target price on Moog from $350.00 to $450.00 and gave the stock a “buy” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Strong Buy” and a consensus price target of $450.00.

Moog Company Profile

Moog Inc designs, manufactures, and integrates precision motion and fluid controls and controls systems for original equipment manufacturers and end users in the aerospace, defense, and industrial markets worldwide. The company's Aircrafts Controls segment offers primary and secondary flight controls for military and commercial aircrafts; aftermarket support services; and ground-based navigation aids. Its Space and Defense Controls segment provides controls for satellites, space vehicles, launch vehicles, armored combat vehicles, tactical and strategic missiles, security and surveillance, and other defense applications; and gun aiming, stabilization, and automatic ammunition loading for armored combat vehicles.