Moog (MOG.A) Downgraded by ValuEngine to “Sell”

ValuEngine downgraded shares of Moog (NYSE:MOG.A) from a hold rating to a sell rating in a research note issued to investors on Friday.

Several other brokerages also recently weighed in on MOG.A. Zacks Investment Research downgraded shares of Moog from a buy rating to a hold rating in a report on Tuesday, July 3rd. Cowen reiterated a buy rating and issued a $110.00 price target on shares of Moog in a report on Monday, July 30th. Finally, TheStreet upgraded shares of Moog from a c+ rating to a b- rating in a report on Wednesday, August 22nd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of $94.00.

Moog stock traded down $0.48 during trading hours on Friday, reaching $73.98. The stock had a trading volume of 201,382 shares, compared to its average volume of 115,738. The company has a market capitalization of $3.08 billion, a PE ratio of 18.97 and a beta of 1.63. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.47 and a current ratio of 2.26. Moog has a 52 week low of $71.56 and a 52 week high of $93.93.

Moog (NYSE:MOG.A) last posted its quarterly earnings data on Friday, July 27th. The aerospace company reported $1.15 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.14 by $0.01. Moog had a net margin of 3.56% and a return on equity of 12.55%. The firm had revenue of $692.02 million for the quarter, compared to the consensus estimate of $683.10 million. During the same quarter in the prior year, the company posted $1.11 earnings per share. The company’s revenue for the quarter was up 10.5% compared to the same quarter last year. On average, equities analysts predict that Moog will post 4.44 earnings per share for the current fiscal year.

About Moog

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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To view ValuEngine’s full report, visit ValuEngine’s official website.

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