Moog (MOG.A) Downgraded to Hold at Zacks Investment Research

Zacks Investment Research lowered shares of Moog (NYSE:MOG.A) from a buy rating to a hold rating in a research report released on Friday morning.

According to Zacks, “Moog, Inc. is a designer, manufacturer and integrator of precision motion, fluid controls and systems for applications in aerospace, defense and industrial markets. It operates through five segments: Aircraft Controls, Space and Defense Controls, Industrial Systems, Components and Medical Devices. The Aircraft Controls segment designs, manufactures and integrates primary and secondary flight controls for military and commercial aircraft and provides aftermarket support. The Space and Defense Controls segment provides controls for satellites and space vehicles, armored combat vehicles, tactical and strategic missiles, security and surveillance. The Industrial Systems segment designs and manufactures electric pitch controls and blade monitoring systems for wind turbines and also supplies electromechanical motion simulation bases. Its Components segment offers slip rings, fiber optic rotary joints and handpieces product line. Its Medical Devices segment focuses on infusion therapy & enteral clinical nutrition. “

A number of other brokerages have also recently commented on MOG.A. SunTrust Banks reaffirmed a hold rating and set a $87.00 price target on shares of Moog in a research report on Friday, November 3rd. ValuEngine cut Moog from a buy rating to a hold rating in a report on Monday, October 2nd. Finally, Cowen reissued a hold rating on shares of Moog in a report on Friday, November 3rd.

Moog (NYSE:MOG.A) opened at $87.76 on Friday. Moog has a 1 year low of $60.28 and a 1 year high of $89.97. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.81 and a current ratio of 2.58. The company has a market capitalization of $3,140.00, a price-to-earnings ratio of 22.50 and a beta of 1.82.

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About Moog

Moog Inc is a designer, manufacturer and integrator of precision motion and fluid controls and systems for a range of applications in aerospace and defense and industrial markets. The Company has five segments: Aircraft Controls, Space and Defense Controls, Industrial Systems, Components and Medical Devices.

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