Moog (NYSE:MOG.B) Stock Price Up 8.5% - Time to Buy?

Key Points

• Moog Inc. shares surged 8.5% to reach $205.00, significantly up from the previous close of $188.86, with an increased trading volume of 655 shares.
• The company reported quarterly earnings of $2.37 EPS and revenue of $971.36 million, with a net margin of 5.67% and a return on equity of 14.20%.
• Moog declared a quarterly dividend of $0.29 per share, representing an annualized dividend of $1.16 and a dividend yield of 0.6%.

Moog Inc. (NYSE:MOG.B - Get Free Report)'s share price rose 8.5% during mid-day trading on Thursday . The stock traded as high as $202.05 and last traded at $205.00. Approximately 655 shares changed hands during mid-day trading, an increase of 7% from the average daily volume of 610 shares. The stock had previously closed at $188.86.

Moog Price Performance

The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.49 and a current ratio of 2.43. The company's 50 day moving average price is $187.47 and its 200 day moving average price is $180.79. The company has a market cap of $6.45 billion, a price-to-earnings ratio of 31.20 and a beta of 0.92.

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

Moog Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 26th. Investors of record on Friday, August 8th will be given 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 dividend payout ratio is 17.60%.

About Moog

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.