SunTrust Banks upgraded shares of Moog (NYSE:MOG.A) from a hold rating to a buy rating in a research report sent to investors on Monday, April 30th, Marketbeat reports. SunTrust Banks also issued estimates for Moog’s Q3 2018 earnings at $1.14 EPS, Q4 2018 earnings at $1.23 EPS, FY2018 earnings at $4.46 EPS, Q1 2019 earnings at $1.12 EPS, Q2 2019 earnings at $1.32 EPS, Q3 2019 earnings at $1.38 EPS, FY2019 earnings at $5.26 EPS and FY2020 earnings at $5.78 EPS.
Several other analysts also recently issued reports on the stock. Zacks Investment Research raised shares of Moog from a hold rating to a buy rating and set a $101.00 price objective for the company in a research note on Thursday, February 1st. Credit Suisse Group lowered shares of Moog from a neutral rating to an underperform rating in a report on Friday, January 12th. TheStreet lowered shares of Moog from a b rating to a c+ rating in a report on Friday, January 26th. Finally, Cowen raised shares of Moog from a market perform rating to an outperform rating in a report on Monday, January 29th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of Buy and an average price target of $93.50.
Shares of NYSE MOG.A traded up $0.06 during midday trading on Monday, hitting $84.36. 12,421 shares of the stock traded hands, compared to its average volume of 122,808. The stock has a market capitalization of $2.95 billion, a price-to-earnings ratio of 21.58 and a beta of 1.77. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.37 and a quick ratio of 1.60. Moog has a one year low of $65.41 and a one year high of $93.93.
Moog (NYSE:MOG.A) last issued its quarterly earnings results on Friday, April 27th. The aerospace company reported $1.16 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.08 by $0.08. The business had revenue of $689.10 million during the quarter, compared to analyst estimates of $658.05 million. Moog had a return on equity of 12.83% and a net margin of 3.62%. Moog’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.88 EPS. equities research analysts anticipate that Moog will post 4.43 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 1st. Investors of record on Tuesday, May 15th will be given a dividend of $0.25 per share. The ex-dividend date is Monday, May 14th. This represents a $1.00 dividend on an annualized basis and a yield of 1.19%.
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.