Moog Inc. (NYSE:MOG.A - Get Free Report) Director John Scannell sold 3,000 shares of Moog stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $373.58, for a total transaction of $1,120,740.00. Following the completion of the transaction, the director owned 33,540 shares in the company, valued at approximately $12,529,873.20. The trade was a 8.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Moog Price Performance
Shares of NYSE:MOG.A opened at $404.81 on Friday. The stock has a market cap of $12.83 billion, a PE ratio of 45.54 and a beta of 0.98. The company's fifty day moving average is $324.94 and its 200 day moving average is $299.44. Moog Inc. has a 52 week low of $171.11 and a 52 week high of $405.87. The company has a quick ratio of 1.12, a current ratio of 1.68 and a debt-to-equity ratio of 0.35.
Moog (NYSE:MOG.A - Get Free Report) last issued its earnings results on Friday, April 24th. The aerospace company reported $2.64 EPS for the quarter, topping analysts' consensus estimates of $2.36 by $0.28. The company had revenue of $1.05 billion for the quarter. Moog had a net margin of 6.83% and a return on equity of 16.11%. Moog's revenue for the quarter was up 12.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.92 EPS. Research analysts anticipate that Moog Inc. will post 10.61 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on the stock. Truist Financial upgraded shares of Moog to a "strong-buy" rating in a research report on Friday, May 1st. TD Cowen lifted their target price on shares of Moog from $350.00 to $450.00 and gave the stock a "buy" rating in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Strong Buy" and an average target price of $450.00.
Check Out Our Latest Stock Analysis on MOG.A
Moog Company Profile
(
Get Free Report)
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.
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