NYSE:MOG.A

Stock Analysis Report

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Executive Summary

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 worldwide. More Details


Snowflake Analysis

Excellent balance sheet with moderate growth potential.


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 is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: MOG.A's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

6.9%

MOG.A

3.1%

US Aerospace & Defense

2.8%

US Market


1 Year Return

-4.7%

MOG.A

-23.9%

US Aerospace & Defense

20.9%

US Market

Return vs Industry: MOG.A exceeded the US Aerospace & Defense industry which returned -23.9% over the past year.

Return vs Market: MOG.A underperformed the US Market which returned 20.9% over the past year.


Shareholder returns

MOG.AIndustryMarket
7 Day6.9%3.1%2.8%
30 Day31.2%19.8%11.1%
90 Day35.7%6.0%6.5%
1 Year-3.8%-4.7%-7.9%-23.9%23.6%20.9%
3 Year-0.2%-3.2%12.5%-10.0%47.3%37.6%
5 Year26.2%22.4%66.8%25.6%94.3%72.9%

Long-Term 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

Valuation

Is Moog undervalued compared to its fair value and its price relative to the market?

9.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MOG.A ($81.83) is trading below our estimate of fair value ($90.47)

Significantly Below Fair Value: MOG.A is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: MOG.A is poor value based on its PE Ratio (295.7x) compared to the US Aerospace & Defense industry average (22.4x).

PE vs Market: MOG.A is poor value based on its PE Ratio (295.7x) compared to the US market (19.7x).


Price to Earnings Growth Ratio

PEG Ratio: MOG.A is poor value based on its PEG Ratio (3.8x)


Price to Book Ratio

PB vs Industry: MOG.A is good value based on its PB Ratio (2.1x) compared to the US Aerospace & Defense industry average (3x).


Next Steps

Future Growth

How is Moog forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

78.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MOG.A's forecast earnings growth (78.4% per year) is above the savings rate (2.2%).

Earnings vs Market: MOG.A's earnings (78.4% per year) are forecast to grow faster than the US market (22% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MOG.A's revenue (1% per year) is forecast to grow slower than the US market (10.3% per year).

High Growth Revenue: MOG.A's revenue (1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if MOG.A's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Moog performed over the past 5 years?

1.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MOG.A has a large one-off loss of $173.6M impacting its October 3 2020 financial results.

Growing Profit Margin: MOG.A's current net profit margins (0.3%) are lower than last year (6%).


Past Earnings Growth Analysis

Earnings Trend: MOG.A's earnings have grown by 1.8% per year over the past 5 years.

Accelerating Growth: MOG.A's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MOG.A had negative earnings growth (-94.8%) over the past year, making it difficult to compare to the Aerospace & Defense industry average (-1.9%).


Return on Equity

High ROE: MOG.A's Return on Equity (0.7%) is considered low.


Next Steps

  • Explore strong past performing companies in the Capital Goods industry.

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 ($710.6M).

Long Term Liabilities: MOG.A's short term assets ($1.6B) exceed its long term liabilities ($1.3B).


Debt to Equity History and Analysis

Debt Level: MOG.A's debt to equity ratio (74.8%) is considered high.

Reducing Debt: MOG.A's debt to equity ratio has reduced from 108.3% to 74.8% over the past 5 years.

Debt Coverage: MOG.A's debt is well covered by operating cash flow (30%).

Interest Coverage: MOG.A's interest payments on its debt are well covered by EBIT (5.6x coverage).


Balance Sheet


Next Steps

Dividend

What is Moog current dividend yield, its reliability and sustainability?

1.22%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MOG.A's dividend (1.22%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: MOG.A's dividend (1.22%) is low compared to the top 25% of dividend payers in the US market (4.08%).


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 3 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (271%), MOG.A's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.3yrs

Average management tenure


CEO

John Scannell (57 yo)

8.92yrs

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 ($USD5.74M) is about average for companies of similar size in the US market ($USD5.17M).

Compensation vs Earnings: John's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
John Scannell
Chairman & CEO8.92yrsUS$5.74m0.24%
$ 6.2m
Donald Fishback
VP & Director5.83yrsUS$2.75m0.20%
$ 5.1m
Mark Trabert
VP & Group President of Aircraft Controls5.25yrsUS$1.44m0.021%
$ 543.3k
Maureen Athoe
VP and President of Space & Defense Group5.25yrsUS$1.43m0.022%
$ 582.9k
Jennifer Walter
VP & CFO0.83yrno data0.011%
$ 278.8k
Michael Swope
Principal Accounting Officer & Controller1.67yrsno data0.0013%
$ 34.9k
Ann Luhr
Head of Investor Relationsno datano datano data
Paul DellaNeve
Vice President of Corporate Development5.67yrsno datano data
Paul Wilkinson
VP & Chief HR Officer2.92yrsno data0.0091%
$ 239.7k
Patrick Roche
VP & Group President of Industrial Systemsno datano data0.033%
$ 868.3k
Robert Olivieri
Secretary6.83yrsno datano data

5.3yrs

Average Tenure

57yo

Average Age

Experienced Management: MOG.A's management team is seasoned and experienced (5.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
John Scannell
Chairman & CEO8.92yrsUS$5.74m0.24%
$ 6.2m
Donald Fishback
VP & Director5.83yrsUS$2.75m0.20%
$ 5.1m
Kraig Kayser
Independent Director22.83yrsUS$160.03k0.097%
$ 2.6m
Brian Lipke
Independent Director17.67yrsUS$160.03k0.043%
$ 1.1m
Peter Gundermann
Independent Director11.83yrsUS$160.03k0.021%
$ 557.7k
Brenda Reichelderfer
Independent Director4.83yrsUS$160.03k0.018%
$ 482.6k
William Gisel
Independent Director8.83yrsUS$160.03k0.016%
$ 429.3k
Richard Lawrence
Independent Director5.83yrsUS$160.03k0.023%
$ 593.1k
Janet Coletti
Director1yrno data0.0067%
$ 176.2k

6.8yrs

Average Tenure

61yo

Average Age

Experienced Board: MOG.A's board of directors are considered experienced (6.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: MOG.A insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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$2.626b
  • Shares outstanding: 32.02m
  • Website: https://www.moog.com

Number of Employees


Location

  • Moog Inc.
  • 400 Jamison Road
  • East Aurora
  • New York
  • 14052
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MOG.BNYSE (New York Stock Exchange)Class B Common StockUSUSDJan 1968
MO7RDB (Deutsche Boerse AG)Class B Common StockDEEURJan 1968
MOG.ANYSE (New York Stock Exchange)YesClass A Common StockUSUSDMay 1980
MO7ADB (Deutsche Boerse AG)YesClass A Common StockDEEURMay 1980

Biography

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...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/29 23:32
End of Day Share Price2020/11/27 00:00
Earnings2020/10/03
Annual Earnings2020/10/03


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.