Moog (NYSE:MOG.B) Stock Price Down 6.7% - Here's What Happened

Key Points

• Moog Inc. (NYSE:MOG.B) shares fell by 6.7% on Friday, trading as low as $191.31, with a significant decrease in trading volume.
• The company reported earnings of $2.37 per share for the last quarter, with a return on equity of 13.75%.
• Moog recently declared a quarterly dividend of $0.29, representing an annual yield of 0.62% and a payout ratio of 17.96%.
• Moog specializes in precision motion and fluid control systems for the aerospace, defense, and industrial markets.

Moog Inc. (NYSE:MOG.B - Get Free Report)'s share price dropped 6.7% during trading on Friday . The stock traded as low as $201.70 and last traded at $191.31. Approximately 335 shares were traded during mid-day trading, a decline of 43% from the average daily volume of 592 shares. The stock had previously closed at $205.00.

Moog Stock Up 0.5%

The firm has a market cap of $6.39 billion, a price-to-earnings ratio of 30.76 and a beta of 0.86. 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 stock has a 50-day moving average of $185.86 and a 200-day moving average of $180.72.

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

Moog Dividend Announcement

The business also recently declared 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 of this dividend is Friday, August 8th. This represents a $1.16 dividend on an annualized basis and a yield of 0.57%. Moog's dividend payout ratio (DPR) is currently 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.