Moog’s (MOG.A) “Sell” Rating Reiterated at Zacks Investment Research
Zacks Investment Research reaffirmed their sell rating on shares of Moog Inc (NYSE:MOG.A) in a report issued on Saturday morning, MarketBeat reports.
According to Zacks, “MOOG, is a worldwide manufacturer of precision control components and systems. Moog actuation devices control high-performance aircraft, strategic and tactical missiles and automated industrial machinery. Products include flight control servoactuators for use on aircraft, propulsion system components, special purpose pumps and filter assemblies, thermal management controls for space stations, pneumatic components and systems, radio control systems, brushless electric servomotors, and controls for industrial automation equipment. “
Several other equities analysts also recently issued reports on the stock. Credit Suisse reissued a neutral rating and set a $67.00 price objective (down previously from $74.00) on shares of Moog in a research note on Thursday, December 3rd. DA Davidson reissued a neutral rating and set a $80.00 price objective (down previously from $83.00) on shares of Moog in a research note on Thursday, December 3rd. Finally, RBC Capital reissued a sector perform rating and set a $77.00 price objective (down previously from $79.00) on shares of Moog in a research note on Thursday, December 3rd. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. The company currently has an average rating of Hold and a consensus price target of $74.67.
Moog (NYSE:MOG.A) last released its quarterly earnings results on Friday, January 29th. The company reported $0.71 EPS for the quarter, missing the consensus estimate of $0.82 by $0.11. The firm had revenue of $568 million for the quarter, compared to analyst estimates of $609.66 million.
A hedge fund recently bought a new stake in Moog stock. Acadian Asset Management acquired a new stake in Moog Inc (NYSE:MOG.A) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 20,218 shares of the company’s stock, valued at approximately $1,226,000.
Moog Inc. is a designer, manufacturer and integrator of precision motion control products and systems for a range of applications in aerospace and defense, and industrial markets. The Company’s systems control military and commercial aircraft, satellites and space vehicles, launch vehicles, missiles, industrial machinery, wind energy, marine applications and medical equipment. It operates through five segments: Aircraft Controls, Space and Defense Controls, Industrial Systems, Components and Medical Devices. The Aircraft Controls segment provides equipment and services for aircraft. The Space and Defense Controls segment offers motion and flow control solutions, and systems for spacecraft. The Industrial Systems segment provides motion control solutions for industrial uses. The Components and Medical Devices segment provides electronic ambulatory infusion devices.

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