Moog (NYSE:MOG.B) Upgraded by Guggenheim to Hold Rating

Moog (NYSE:MOG.B) was upgraded by equities researchers at Guggenheim to a “hold” rating in a report released on Monday, Zacks reports.

Moog Stock Performance

Moog stock opened at $360.90 on Monday. The company has a market cap of $11.43 billion, a price-to-earnings ratio of 30.69 and a beta of 0.74. Moog has a 12 month low of $196.38 and a 12 month high of $450.00. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.09 and a quick ratio of 1.34. The stock’s 50-day moving average is $399.24 and its 200-day moving average is $362.82.

Moog (NYSE:MOG.B) last issued its earnings results on Friday, July 31st. The aerospace company reported $3.72 earnings per share (EPS) for the quarter. The business had revenue of $1.12 billion during the quarter. Moog had a return on equity of 17.67% and a net margin of 8.73%.

Moog Company Profile

Moog Inc is a global designer and manufacturer of precision motion-control systems and components. The company develops technologies that control the position, speed and movement of machines and vehicles, serving customers in the aerospace, defense, space, industrial and medical markets.

Its products include flight-control actuation systems, servo valves, propulsion and spacecraft controls, missile and launch-vehicle systems, naval and defense equipment, industrial automation solutions, and controls for energy-generation and medical applications.