Moog Inc. (MOG.A) Upgraded to “Buy” at ValuEngine
ValuEngine upgraded shares of Moog Inc. (NYSE:MOG.A) from a hold rating to a buy rating in a research note issued to investors on Friday morning.
Several other analysts also recently commented on the stock. Zacks Investment Research downgraded shares of Moog from a buy rating to a hold rating in a research report on Friday, May 19th. Cowen and Company restated a hold rating and set a $75.00 price objective on shares of Moog in a research report on Friday, July 28th. Two 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 an average target price of $80.50.
Moog (NYSE:MOG.A) last released its quarterly earnings results on Friday, July 28th. The aerospace company reported $1.11 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.88 by $0.23. Moog had a net margin of 5.50% and a return on equity of 14.06%. The business had revenue of $626.20 million for the quarter, compared to the consensus estimate of $613.01 million. During the same period last year, the firm earned $1.00 earnings per share. The company’s quarterly revenue was up 2.1% on a year-over-year basis.
TRADEMARK VIOLATION NOTICE: This story was first published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this story on another site, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark laws. The original version of this story can be read at https://www.thecerbatgem.com/2017/09/05/moog-inc-mog-a-upgraded-to-buy-at-valuengine.html.
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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Stock Ratings for Moog Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Moog Inc. and related stocks with our FREE daily email newsletter.