Moog (NYSE:MOG.A) Director Sells $229,314.64 in Stock

Moog Inc. (NYSE:MOG.A) Director Janet Coletti sold 604 shares of the 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 sale, the director owned 6,145 shares of the company’s stock, valued at approximately $2,333,010.70. This represents a 8.95% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Moog Stock Performance

NYSE:MOG.A traded down $6.03 during trading hours on Friday, reaching $399.41. 109,874 shares of the company’s stock were exchanged, compared to its average volume of 294,047. Moog Inc. has a 1-year low of $171.11 and a 1-year high of $409.06. The company has a 50-day moving average of $324.94 and a 200 day moving average of $299.44. The company has a quick ratio of 1.12, a current ratio of 1.68 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $12.65 billion, a price-to-earnings ratio of 44.93 and a beta of 0.98.

Moog (NYSE:MOG.A) last posted its quarterly earnings data on Friday, April 24th. The aerospace company reported $2.64 earnings per share for the quarter, topping analysts’ consensus estimates of $2.36 by $0.28. Moog had a return on equity of 16.11% and a net margin of 6.83%.The company had revenue of $1.05 billion during the quarter. During the same period in the previous year, the business posted $1.92 earnings per share. The firm’s revenue was up 12.6% compared to the same quarter last year. Research analysts anticipate that Moog Inc. will post 10.61 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have weighed in on MOG.A shares. TD Cowen increased their price objective on Moog from $350.00 to $450.00 and gave the stock a “buy” rating in a research report on Wednesday. Truist Financial upgraded shares of Moog to a “strong-buy” rating in a research note on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to MarketBeat, the stock currently has a consensus 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.