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

Key Points

• Moog Inc. (NYSE:MOG.B) saw its shares gap up from a prior close of $188.86 to an opening price of $202.05, ultimately trading at $206.22 with a volume of 525 shares.
• The company reported a net margin of 5.67% and a return on equity of 14.20%, alongside quarterly earnings of $2.37 per share on revenue of $971.36 million.
• Moog announced a quarterly dividend of $0.29 per share, representing an annualized dividend yield of 0.56% and a payout ratio of 17.60%.

Moog Inc. (NYSE:MOG.B - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $188.86, but opened at $202.05. Moog shares last traded at $206.22, with a volume of 525 shares.

Moog Trading Up 6.8%

The stock has a market capitalization of $6.36 billion, a PE ratio of 30.60 and a beta of 0.86. The company has a quick ratio of 1.49, a current ratio of 2.43 and a debt-to-equity ratio of 0.56. The business's fifty day moving average is $187.12 and its 200-day moving average is $181.11.

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

Moog Announces Dividend

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