Moog (NYSE:MOG.A) Releases Earnings Results, Beats Estimates By $1.06 EPS

Moog (NYSE:MOG.A) issued its quarterly earnings data on Friday. The aerospace company reported $3.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.66 by $1.06, FiscalAI reports. The firm had revenue of $1.12 billion for the quarter. Moog had a net margin of 6.83% and a return on equity of 16.11%. The firm’s quarterly revenue was up 15.2% on a year-over-year basis. During the same period in the previous year, the firm earned $2.37 EPS.

Here are the key takeaways from Moog’s conference call:

• Record third-quarter performance: Sales rose 15% year over year to $1.1 billion, while adjusted EPS increased 60% to $3.72. Free cash flow reached $133 million, and the 12-month backlog grew 23%.
• Moog raised fiscal 2026 guidance, including a $50 million increase to sales, adjusted operating margin of 14.1%, adjusted EPS of $11.65 ± $0.10, and free-cash-flow conversion of approximately 70%.
• Demand remains strong across key markets: Defense sales benefited from missile controls and space vehicles, commercial aerospace from original-equipment and aftermarket activity, and industrial sales from energy, medical devices, and data-center cooling.
• Data-center cooling pump revenue is expected to approach $100 million in fiscal 2026, up from roughly $25 million in fiscal 2025, with additional production lines and a next-generation product planned for fiscal 2027.
• Results and guidance benefited materially from a $30 million tariff refund and tax adjustments, including roughly $0.70 of quarterly EPS from the tariff recovery; management said underlying operating performance still improved, but the benefits are largely nonrecurring.

Moog Stock Down 7.3%

Shares of MOG.A traded down $30.76 during mid-day trading on Friday, hitting $388.49. 669,999 shares of the company traded hands, compared to its average volume of 304,296. The company has a market capitalization of $12.31 billion, a PE ratio of 43.70 and a beta of 0.96. The company has a quick ratio of 1.12, a current ratio of 1.68 and a debt-to-equity ratio of 0.35. The business has a 50 day moving average of $394.07 and a 200 day moving average of $339.68. Moog has a 1-year low of $185.62 and a 1-year high of $430.52.

Insider Buying and Selling

In other Moog news, Director John Scannell sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $373.58, for a total transaction of $1,120,740.00. Following the sale, the director owned 33,540 shares of the company’s stock, valued at approximately $12,529,873.20. The trade was a 8.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Janet M. Coletti sold 604 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $379.66, for a total transaction of $229,314.64. Following the sale, the director directly owned 6,145 shares in the company, valued at approximately $2,333,010.70. This represents a 8.95% decrease in their position. The SEC filing for this sale provides additional information. 1.46% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have weighed in on MOG.A. JPMorgan Chase & Co. assumed coverage on shares of Moog in a research note on Monday, July 20th. They issued an “overweight” rating and a $520.00 target price for the company. Truist Financial raised Moog to a “strong-buy” rating in a research report on Friday, May 1st. Finally, TD Cowen increased their price objective on Moog from $350.00 to $450.00 and gave the company a “buy” rating in a report on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $485.00.

Moog Company Profile

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.