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Moog (NYSE:MOG.B) Shares Gap Up - Should You Buy?

Moog logo with Aerospace background

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.
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Moog Inc. (NYSE:MOG.B - Get Free Report)'s stock price gapped up before the market opened 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 trading hands.

Moog Stock Up 3.2%

The company has a 50 day moving average of $190.86 and a 200-day moving average of $181.13. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.43 and a quick ratio of 1.49. The company has a market cap of $6.37 billion, a P/E ratio of 30.55 and a beta of 0.92.

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

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 issued a dividend of $0.29 per share. 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 payout ratio is currently 17.60%.

About Moog

(Get Free Report)

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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