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

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

Moog Trading Down 1.5%

Shares of MOG.A traded down $6.03 during trading on Friday, reaching $399.41. 109,874 shares of the company traded hands, compared to its average volume of 294,047. Moog Inc. has a twelve month low of $171.11 and a twelve month high of $409.06. 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 stock has a 50-day simple moving average of $324.94 and a 200-day simple moving average of $299.44. The stock has a market cap of $12.65 billion, a PE ratio of 44.93 and a beta of 0.98.

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

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on MOG.A. Truist Financial raised Moog to a “strong-buy” rating in a research report on Friday, May 1st. TD Cowen upped their target price on Moog from $350.00 to $450.00 and gave the company a “buy” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. Based on data from MarketBeat.com, Moog 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.