Zacks Investment Research cut shares of Moog Inc. (NYSE:MOG.A) from a buy rating to a hold rating in a research report released on Tuesday, October 17th.
According to Zacks, “Moog, Inc. is a designer, manufacturer and integrator of precision motion, fluid controls and systems for applications in aerospace, defense and industrial markets. It operates through five segments: Aircraft Controls, Space and Defense Controls, Industrial Systems, Components and Medical Devices. The Aircraft Controls segment designs, manufactures and integrates primary and secondary flight controls for military and commercial aircraft and provides aftermarket support. The Space and Defense Controls segment provides controls for satellites and space vehicles, armored combat vehicles, tactical and strategic missiles, security and surveillance. The Industrial Systems segment designs and manufactures electric pitch controls and blade monitoring systems for wind turbines and also supplies electromechanical motion simulation bases. Its Components segment offers slip rings, fiber optic rotary joints and handpieces product line. Its Medical Devices segment focuses on infusion therapy & enteral clinical nutrition. “
A number of other analysts have also recently commented on MOG.A. ValuEngine cut shares of Moog from a buy rating to a hold rating in a report on Monday, October 2nd. Cowen and Company reiterated a hold rating and issued a $75.00 price target on shares of Moog in a research note on Friday, July 28th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average price target of $82.67.
Shares of Moog (NYSE:MOG.A) traded down $0.22 during mid-day trading on Tuesday, hitting $85.55. 48,574 shares of the stock were exchanged, compared to its average volume of 90,353. Moog has a 12 month low of $55.35 and a 12 month high of $89.38. The firm has a market capitalization of $3,070.00, a price-to-earnings ratio of 22.00 and a beta of 1.85. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.18 and a quick ratio of 1.51.
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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.
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