Profile
Sector:
IndustrialsIndustry:
Aerospace & DefenseCountry:
United StatesIPO:
29 May 1980Website:
http://www.moog.comNext earnings report:
N/ALast dividends:
16 August 2024Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 21:59:01 GMTAnalysts recommendations
Institutional Ownership
MOG.A Latest News
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.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
What type of business is Moog?
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 in the United States and internationally. The company's Aircraft Controls segment offers primary and secondary flight controls, and avionics for military and commercial aircraft; and aftermarket support services. Its Space and Defense Controls segment provides controls for space vehicles, launch vehicles, military vehicles, tactical and strategic missiles, hypersonic missiles, and other defense applications; and gun aiming, stabilization, and automatic ammunition loading. This segment also offers controls for steering tactical and strategic missiles; launcher thrust vector; naval vessels including surface ships, unmanned undersea vehicles, and submarines; and weapons stores management systems for light attack aerial reconnaissance, ground, and sea platforms, as well as positioning controls and components. The company's Industrial Systems segment provides components and systems for applications in injection and blow molding machinery, metal forming presses, and heavy industry customers in steel and aluminum production; supplies electromechanical motion simulation bases for the flight simulation and training applications; and supplies solutions for power generation applications, as well as custom test systems and controls for automotive, structural, and fatigue testing. This segment also offers systems and components for applications in oil and gas exploration and production; components and systems for diagnostic imaging CT scan medical equipment, sleep apnea equipment, oxygen concentrators, infusion therapy, and enteral clinical nutrition; and hydraulics, slip rings, rotary unions and fiber optic rotary joints, motors, and infusion and enteral pumps. Moog Inc. was incorporated in 1951 and is headquartered in East Aurora, New York.
What sector is Moog in?
Moog is in the Industrials sector
What industry is Moog in?
Moog is in the Aerospace & Defense industry
What country is Moog from?
Moog is headquartered in United States
When did Moog go public?
Moog initial public offering (IPO) was on 29 May 1980
What is Moog website?
https://www.moog.com
Is Moog in the S&P 500?
No, Moog is not included in the S&P 500 index
Is Moog in the NASDAQ 100?
No, Moog is not included in the NASDAQ 100 index
Is Moog in the Dow Jones?
No, Moog is not included in the Dow Jones index
When was Moog the previous earnings report?
No data
When does Moog earnings report?
Next earnings report date is not announced yet