Janet Coletti Sells 604 Shares of Moog (NYSE:MOG.A) Stock

Moog Inc. (NYSE:MOG.A) Director Janet Coletti sold 604 shares of the business’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $379.66, for a total transaction of $229,314.64. Following the completion of the sale, the director owned 6,145 shares in the company, valued at approximately $2,333,010.70. The trade was a 8.95% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Moog Stock Down 2.5%

Shares of NYSE MOG.A opened at $395.31 on Friday. The firm’s 50-day moving average price is $326.81 and its 200-day moving average price is $300.11. The company has a current ratio of 1.68, a quick ratio of 1.12 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $12.52 billion, a price-to-earnings ratio of 44.47 and a beta of 0.98. Moog Inc. has a 12-month low of $171.11 and a 12-month high of $409.06.

Moog (NYSE:MOG.A) last announced its earnings results on Friday, April 24th. The aerospace company reported $2.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.36 by $0.28. The firm had revenue of $1.05 billion for the quarter. Moog had a net margin of 6.83% and a return on equity of 16.11%. The firm’s quarterly revenue was up 12.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.92 earnings per share. On average, equities research analysts anticipate that Moog Inc. will post 10.61 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on MOG.A. Truist Financial upgraded shares of Moog to a “strong-buy” rating in a research report on Friday, May 1st. TD Cowen upped their target price on shares of Moog from $350.00 to $450.00 and gave the company a “buy” rating in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company’s stock. Based on data from MarketBeat, Moog presently has an average rating of “Strong Buy” and a consensus price target of $450.00.

Moog Company Profile

Moog Inc designs, manufactures, and integrates precision motion and fluid controls and controls 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. Its Space and Defense Controls segment provides controls for satellites, space vehicles, launch vehicles, armored combat vehicles, tactical and strategic missiles, security and surveillance, and other defense applications; and gun aiming, stabilization, and automatic ammunition loading for armored combat vehicles.