Moog Inc. (NYSE:MOG.A) Stock Has Consensus Price Target of $446.25 According to Analysts

Key Points

• Moog has a “Moderate Buy” consensus rating from five analysts: four buys and one hold. The average 12-month price target is $446.25, above the cited trading price of $375.14.
• Recent analyst actions were mixed but generally positive, including Truist raising its target to $417 and JPMorgan maintaining an overweight rating while lowering its target to $480.
• Moog reported quarterly EPS of $3.72, beating the $2.66 consensus estimate, while revenue rose 15.2% year over year to $1.12 billion. Institutional investors own approximately 87.95% of the company’s shares.

Moog Inc. (NYSE:MOG.A - Get Free Report) has been given a consensus rating of "Moderate Buy" by the five research firms that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $446.25.

A number of equities analysts recently weighed in on MOG.A shares. Truist Financial lifted their price target on Moog from $344.00 to $417.00 and gave the stock a "buy" rating in a research note on Tuesday, August 4th. Guggenheim initiated coverage on shares of Moog in a research note on Tuesday, September 15th. They set a "neutral" rating for the company. JPMorgan Chase & Co. decreased their target price on shares of Moog from $520.00 to $480.00 and set an "overweight" rating for the company in a report on Tuesday. TD Cowen dropped their target price on shares of Moog from $450.00 to $440.00 and set a "buy" rating on the stock in a research report on Friday, October 9th. Finally, Wall Street Zen upgraded shares of Moog from a "buy" rating to a "strong-buy" rating in a report on Saturday, October 10th.

Hedge Funds Weigh In On Moog

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Archer Investment Corp purchased a new stake in shares of Moog in the second quarter valued at $342,000. Public Employees Retirement System of Ohio purchased a new position in shares of Moog during the second quarter valued at $426,000. Ancora Advisors LLC acquired a new position in Moog during the second quarter valued at $1,323,000. Finally, Globeflex Capital L P acquired a new position in Moog during the second quarter valued at $2,386,000. 87.95% of the stock is currently owned by hedge funds and other institutional investors.

Moog Price Performance

NYSE:MOG.A traded up $10.00 during trading hours on Friday, reaching $375.14. 20,659 shares of the company's stock were exchanged, compared to its average volume of 292,972. The company has a market capitalization of $11.88 billion, a P/E ratio of 31.86 and a beta of 0.96. Moog has a 12 month low of $192.33 and a 12 month high of $448.85. The company has a quick ratio of 1.34, a current ratio of 2.09 and a debt-to-equity ratio of 0.41. The business's 50-day simple moving average is $382.57 and its two-hundred day simple moving average is $367.77.

Moog (NYSE:MOG.A - Get Free Report) last released its quarterly earnings data on Friday, July 31st. The aerospace company reported $3.72 earnings per share for the quarter, topping the consensus estimate of $2.66 by $1.06. The business had revenue of $1.12 billion during the quarter. Moog had a return on equity of 17.67% and a net margin of 8.73%. The business's revenue was up 15.2% compared to the same quarter last year. During the same period in the prior year, the business earned $2.37 earnings per share. Sell-side analysts expect that Moog will post 11.68 EPS for the current fiscal year.

Moog Company Profile

Moog Inc is a global designer and manufacturer of precision motion-control systems and components. The company develops technologies that control the position, velocity and force of machinery and equipment, serving customers in aerospace, defense, space, industrial and medical markets.

Its products and services include aircraft flight-control systems, actuation systems, servovalves, motion-control electronics, satellite and launch-vehicle components, missile and defense systems, and precision equipment for industrial automation and medical applications.

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