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.

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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.

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

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