Moog (NYSE:MOG.B) Rating Increased to Hold at Guggenheim

Moog (NYSE:MOG.B) was upgraded by research analysts at Guggenheim to a “hold” rating in a note issued to investors on Monday, Zacks reports.

Moog Price Performance

MOG.B stock opened at $360.90 on Monday. The stock has a market capitalization of $11.43 billion, a price-to-earnings ratio of 30.69 and a beta of 0.74. The company has a quick ratio of 1.34, a current ratio of 2.09 and a debt-to-equity ratio of 0.41. Moog has a 52-week low of $196.38 and a 52-week high of $450.00. The stock’s fifty day simple moving average is $399.24 and its 200-day simple moving average is $362.82.

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

About Moog

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.