Moog (NYSE:MOG.A) Trading 5.3% Higher - Time to Buy?

Key Points

• Shares jumped 5.3% to $313.80 (intraday high $320.47) on Wednesday, though trading volume was about 45% below the average session.
• Quarterly results beat expectations: Moog reported $2.63 EPS vs. $2.21 expected and $1.10B in revenue, up 21.2% year‑over‑year, with a 15.47% ROE and 6.38% net margin.
• Insider selling and valuation note: Recent insider sales (VP and a director) were disclosed, insiders own 1.46% of shares, and the stock trades near a 38.8 P/E with a market cap of roughly $9.96B.

Moog Inc. (NYSE:MOG.A - Get Free Report) traded up 5.3% on Wednesday . The company traded as high as $320.47 and last traded at $313.80. 274,149 shares were traded during trading, a decline of 45% from the average session volume of 499,887 shares. The stock had previously closed at $298.06.

Moog Price Performance

The stock has a 50 day simple moving average of $315.70 and a two-hundred day simple moving average of $260.80. The firm has a market cap of $9.96 billion, a PE ratio of 38.79 and a beta of 0.99. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.46 and a current ratio of 2.33.

Moog (NYSE:MOG.A - Get Free Report) last released its quarterly earnings data on Friday, January 30th. The aerospace company reported $2.63 earnings per share for the quarter, beating analysts' consensus estimates of $2.21 by $0.42. The business had revenue of $1.10 billion during the quarter. Moog had a return on equity of 15.47% and a net margin of 6.38%.The business's quarterly revenue was up 21.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.78 EPS. Sell-side analysts expect that Moog Inc. will post 8.29 earnings per share for the current year.

Insider Activity

In related news, VP Paul Wilkinson sold 992 shares of Moog stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $329.80, for a total value of $327,161.60. Following the completion of the transaction, the vice president owned 7,198 shares in the company, valued at $2,373,900.40. The trade was a 12.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Brenda Reichelderfer sold 2,000 shares of the business's stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $312.27, for a total value of $624,540.00. Following the sale, the director owned 2,585 shares of the company's stock, valued at approximately $807,217.95. This trade represents a 43.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.46% of the stock is owned by insiders.

About Moog

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.