Profile
Sector:
IndustrialsIndustry:
Aerospace & DefenseCountry:
United StatesIPO:
17 March 1980Website:
http://www.moog.comNext earnings report:
01 November 2024Last dividends:
16 August 2024Next dividends:
N/APrice
regular market | Thu, 31 Oct 2024 13:30:00 GMTAnalysts recommendations
Institutional Ownership
MOG.B Latest News
Moog (MOG.A) came out with quarterly earnings of $2.16 per share, beating the Zacks Consensus Estimate of $1.77 per share. This compares to earnings of $2.10 per share a year ago.
Moog (MOG.A) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Moog (MOG.A) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Moog has exceeded growth expectations, delivering better-than-expected revenue and margin improvement, driving a strong share price and outperformance relative to key competitors like Curtiss-Wright, Parker Hannifin, and Woodward. The company's core markets, including widebody commercial aircraft and military aircraft, remain strong, with significant longer-term growth opportunities in space, defense, industrial automation, and commercial aftermarket services. Moog's margin improvement initiatives, including pricing actions and manufacturing enhancements, have already yielded significant results, and I expect EBITDA margins to rise from 13% to 15% in the near future.
Moog stock reached its $191 price target before falling post-earnings and market turmoil. Q3 2024 revenues grew 6%, driven by commercial airplane and defense demand. Margins strengthened in Q3 2024, Moog increased guidance for 2024 sales and earnings, and the stock is still a good buy.
Moog (MOG.A) came out with quarterly earnings of $1.91 per share, beating the Zacks Consensus Estimate of $1.75 per share. This compares to earnings of $1.37 per share a year ago.
Moog (MOG.A) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Moog (MOG.A) makes a strong case for investment in the Aerospace sector with its robust ROE and ability to increase shareholder value through regular dividend payments.
Moog (MOG.A) makes a strong case for investment in the Aerospace Defense space, given its growth prospects, rising backlog and strong dividend history.
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 17 March 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?
The next expected earnings date for Moog is 01 November 2024