Moog (MOG.A) Stock

Robust Engineering and Premium Materials Ensure Long-Lasting Performance. Robust Engineering and Premium Materials Ensure Long-Lasting Performance.

Moog is a key investment pick from the Aerospace sector, given its robust ROE, low debt position and ability to increase shareholder value via regular dividend payments.

While the revenue and EPS figures for Moog (MOG.A) provide insight into its quarterly performance in March 2024, it could be beneficial to also examine how certain important metrics stack up against Wall Street expectations and the figures from the same period last year.

Moog (MOG.A) makes a strong case for investment in the Aerospace Defense space, given its growth prospects, rising backlog and strong dividend history.

Moog's CEO has set ambitious margin improvement targets, focusing on value capture from customers and enhanced manufacturing efficiency. The company has seen progress on pricing in the commercial aerospace market and plans to prune its product portfolio where it can't capture enough pricing to drive attractive returns. Moog is poised to benefit from the global aerospace recovery especially wide bodies, opportunities in defense, and advancements in space capabilities, as well as factory automation.

Airplane production is expected to ramp significantly in the coming years. Flight departures keep growing and supporting aftermarket demand.

The economy is electrifying, and this company provides "picks and shovels" solutions that benefit from the megatrend. Aerospace and defense are excellent markets to invest in in 2023, and this company services both.