Moog (NYSE:MOG.B) Shares Gap Up - Time to Buy?

Key Points

• Moog Inc.'s stock price gapped up from $195.00 to $203.75, before settling at $198.61, reflecting a 3.2% increase in value.
• The company reported $2.37 earnings per share on $971.36 million in revenue for its latest quarterly results, with a return on equity of 14.20%.
• Moog has announced a quarterly dividend of $0.29 per share, translating to an annual yield of 0.6%, with the dividend scheduled for payment on August 26th.

Moog Inc. (NYSE:MOG.B - Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $195.00, but opened at $203.75. Moog shares last traded at $198.61, with a volume of 343 shares changing hands.

Moog Trading Up 0.6%

The business has a 50 day moving average of $192.44 and a two-hundred day moving average of $181.60. The company has a current ratio of 2.43, a quick ratio of 1.49 and a debt-to-equity ratio of 0.56. The firm has a market cap of $6.49 billion, a P/E ratio of 31.11 and a beta of 0.92.

Moog (NYSE:MOG.B - Get Free Report) last posted its quarterly earnings results on Friday, July 25th. The aerospace company reported $2.37 earnings per share for the quarter. Moog had a return on equity of 14.20% and a net margin of 5.67%.The business had revenue of $971.36 million for the quarter.

Moog Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 26th. Investors of record on Friday, August 8th will be paid a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Friday, August 8th. Moog's dividend payout ratio is 17.60%.

Moog Company Profile

Moog Inc designs, manufactures, and integrates precision motion and fluid controls and 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.