Market Cap
US$3.2b
Last Updated
2020/01/18 23:41 UTC
Data Sources
Company Financials +
Executive Summary
Moog Inc. designs, manufactures, and integrates precision motion and fluid controls and systems for original equipment manufacturers and end users in the aerospace, defense, and industrial markets worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with excellent balance sheet.
Similar Companies
Share Price & News
How has Moog's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MOG.A has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
2.9%
MOG.A
2.3%
US Aerospace & Defense
2.0%
US Market
1 Year Return
14.2%
MOG.A
36.4%
US Aerospace & Defense
23.6%
US Market
Return vs Industry: MOG.A underperformed the US Aerospace & Defense industry which returned 37.9% over the past year.
Return vs Market: MOG.A underperformed the US Market which returned 24.7% over the past year.
Shareholder returns
| MOG.A | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.9% | 2.3% | 2.0% |
| 30 Day | 6.9% | 6.9% | 3.9% |
| 90 Day | 11.2% | 11.5% | 12.0% |
| 1 Year | 15.5%14.2% | 38.9%36.4% | 26.2%23.6% |
| 3 Year | 48.3%45.2% | 60.1%51.5% | 53.2%43.3% |
| 5 Year | 25.2%22.6% | 98.8%79.8% | 75.7%56.3% |
Price Volatility Vs. Market
How volatile is Moog's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Update: Moog (NYSE:MOG.A) Stock Gained 36% In The Last Three Years2 weeks ago | Simply Wall St
I Ran A Stock Scan For Earnings Growth And Moog (NYSE:MOG.A) Passed With Ease1 month ago | Simply Wall St
Three Things You Should Check Before Buying Moog Inc. (NYSE:MOG.A) For Its DividendValuation
Is Moog undervalued compared to its fair value and its price relative to the market?
29.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MOG.A ($91.06) is trading below our estimate of fair value ($131.49)
Significantly Below Fair Value: MOG.A is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MOG.A is good value based on its PE Ratio (17.7x) compared to the Aerospace & Defense industry average (20.7x).
PE vs Market: MOG.A is good value based on its PE Ratio (17.7x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: MOG.A is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: MOG.A is good value based on its PB Ratio (2.4x) compared to the US Aerospace & Defense industry average (2.7x).
Next Steps
Future Growth
How is Moog forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
7.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MOG.A's forecast earnings growth (7.6% per year) is above the savings rate (1.7%).
Earnings vs Market: MOG.A's earnings (7.6% per year) are forecast to grow slower than the US market (14.3% per year).
High Growth Earnings: MOG.A's earnings are forecast to grow, but not significantly.
Revenue vs Market: MOG.A's revenue (3.4% per year) is forecast to grow slower than the US market (7.5% per year).
High Growth Revenue: MOG.A's revenue (3.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MOG.A's Return on Equity is forecast to be low in 3 years time (12.7%).
Next Steps
Past Performance
How has Moog performed over the past 5 years?
-0.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MOG.A has high quality earnings.
Growing Profit Margin: MOG.A's current net profit margins (6.2%) are higher than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: MOG.A's earnings have declined by -0.3% per year over the past 5 years.
Accelerating Growth: MOG.A's earnings growth over the past year (86.3%) exceeds its 5-year average (-0.3% per year).
Earnings vs Industry: MOG.A earnings growth over the past year (86.3%) exceeded the Aerospace & Defense industry 13.9%.
Return on Equity
High ROE: MOG.A's Return on Equity (13.6%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Moog's financial position?
Financial Position Analysis
Short Term Liabilities: MOG.A's short term assets ($1.6B) exceed its short term liabilities ($727.7M).
Long Term Liabilities: MOG.A's short term assets ($1.6B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: MOG.A's debt to equity ratio (63%) is considered high.
Reducing Debt: MOG.A's debt to equity ratio has reduced from 65.1% to 63% over the past 5 years.
Debt Coverage: MOG.A's debt is well covered by operating cash flow (21.8%).
Interest Coverage: MOG.A's interest payments on its debt are well covered by EBIT (6.9x coverage).
Balance Sheet
Inventory Level: MOG.A has a high level of physical assets or inventory.
Debt Coverage by Assets: MOG.A's debt is covered by short term assets (assets are 2x debt).
Next Steps
Dividend
What is Moog's current dividend yield, its reliability and sustainability?
1.07%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: MOG.A's dividend (1.1%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: MOG.A's dividend (1.1%) is low compared to the top 25% of dividend payers in the US market (3.66%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, MOG.A has been paying a dividend for less than 10 years.
Growing Dividend: MOG.A has only been paying a dividend for 2 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (19.4%), MOG.A's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MOG.A's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
What is the CEO of Moog's salary, the management and board of directors tenure and is there insider trading?
4.4yrs
Average management tenure
CEO
John Scannell (56yo)
8.1yrs
Tenure
US$5,739,957
Compensation
Mr. John R. Scannell has been Chief Executive Officer of Moog Inc. since December 1, 2011. Mr. Scannell served as the President and Chief Operating Officer of Moog Inc., since December 2, 2010. He was app ...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD5.74M) is about average for companies of similar size in the US market ($USD4.99M).
Compensation vs Earnings: John's compensation has increased by more than 20% in the past year.
Management Age and Tenure
4.4yrs
Average Tenure
56yo
Average Age
Experienced Management: MOG.A's management team is considered experienced (4.4 years average tenure).
Board Age and Tenure
6.0yrs
Average Tenure
60yo
Average Age
Experienced Board: MOG.A's board of directors are considered experienced (6 years average tenure).
Insider Trading
Insider Buying: MOG.A insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Shares | 4,245 |
| Max Price | US$91.76 |
| Entity | Individual |
| Role | Unit President VP & Group President of Industrial Systems |
| Shares | 705 |
| Max Price | US$89.03 |
| Entity | Individual |
| Shares | 500 |
| Max Price | US$88.29 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 650 |
| Max Price | US$77.41 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 1,000 |
| Max Price | US$77.44 |
| Entity | Individual |
| Role | Unit President VP & Group President of Industrial Systems |
| Shares | 300 |
| Max Price | US$90.08 |
| Entity | Individual |
| Role | Senior Key Executive VP & President of Aircraft Controls |
| Shares | 1,752 |
| Max Price | US$94.97 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 3,000 |
| Max Price | US$94.50 |
| Entity | Individual |
| Role | Unit President VP & Group President of Industrial Systems |
| Shares | 500 |
| Max Price | US$93.20 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Timothy Balkin (60yo)
Treasurer & Assistant Secretary
- Tenure: 19.6yrs
John Scannell (56yo)
Chairman & CEO
- Tenure: 8.1yrs
- Compensation: US$5.74m
Jennifer Walter (48yo)
VP & CFO
Pat Roche (56yo)
VP & Group President of Industrial Systems
Mark Trabert (60yo)
VP & President of Aircraft Controls
- Tenure: 4.4yrs
- Compensation: US$1.44m
Maureen Athoe (61yo)
VP and President of Space & Defense Group
- Tenure: 4.4yrs
- Compensation: US$1.43m
Paul DellaNeve
Vice President of Corporate Development
- Tenure: 4.8yrs
Ann Luhr
Head of Investor Relations
Paul Wilkinson (39yo)
VP & Chief HR Officer
- Tenure: 2.1yrs
Michael Swope (34yo)
Principal Accounting Officer & Controller
- Tenure: 0.8yrs
Board Members
Donald Fishback (63yo)
Director
- Tenure: 5yrs
- Compensation: US$2.75m
Kraig Kayser (58yo)
Independent Director
- Tenure: 22yrs
- Compensation: US$160.03k
Brian Lipke (67yo)
Independent Director
- Tenure: 16.9yrs
- Compensation: US$160.03k
Peter Gundermann (56yo)
Independent Director
- Tenure: 11yrs
- Compensation: US$160.03k
Brenda Reichelderfer (60yo)
Independent Director
- Tenure: 4yrs
- Compensation: US$160.03k
Bill Gisel (66yo)
Independent Director
- Tenure: 8yrs
- Compensation: US$160.03k
John Scannell (56yo)
Chairman & CEO
- Tenure: 8.1yrs
- Compensation: US$5.74m
Brad Lawrence (72yo)
Independent Director
- Tenure: 5yrs
- Compensation: US$160.03k
Janet Coletti (55yo)
Director
- Tenure: 0.2yrs
Company Information
Moog Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Moog Inc.
- Ticker: MOG.A
- Exchange: NYSE
- Founded: 1951
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: US$3.231b
- Shares outstanding: 34.73m
- Website: https://www.moog.com
Number of Employees
Location
- Moog Inc.
- 400 Jamison Road
- East Aurora
- New York
- 14052
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MOG.B | NYSE (New York Stock Exchange) | Class B Common Stock | US | USD | Jan 1968 | |
| MOG.A | NYSE (New York Stock Exchange) | Yes | Class A Common Stock | US | USD | May 1980 |
| MO7A | DB (Deutsche Boerse AG) | Yes | Class A Common Stock | DE | EUR | May 1980 |
Biography
Moog Inc. designs, manufactures, and integrates precision motion and fluid controls and 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. This segment also offers steering tactical and strategic missiles; and designs, builds, and integrates weapon stores management systems for light attack aerial reconnaissance, ground, and sea platforms. The company’s Industrial Systems segment provides systems for applications in injection and blow molding machinery, metal forming presses, and heavy industry customers in steel and aluminum production; and supplies solutions for power generation applications, electromechanical motion simulation bases, medical training simulators, and custom test systems and controls. This segment also offers systems and components for applications in oil and gas exploration and production; components for wind turbine applications; and components and systems for diagnostic imaging CT scan medical equipment, sleep apnea equipment, oxygen concentrators, infusion therapy, and enteral clinical nutrition. The company was founded in 1951 and is headquartered in East Aurora, New York.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/18 23:41 |
| End of Day Share Price | 2020/01/17 00:00 |
| Earnings | 2019/09/28 |
| Annual Earnings | 2019/09/28 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.