they sell to various clients, ranging from Boeing to the United States Government. Their most recent contract is with Bell Helicopters for their flight controls on their Bell 525 Relentless. Figure 2 Bell 525 Relentless Source: www.aviationtoday.com motion control technology can also be found on almost every Boeing aircraft, the Moog’s retractable roof at Wimbledon, and on the Mars rover, Curiosity. Financial Analysis Moog Inc. can be seen as a very financially stable company. Sales last year were at an all-time record of $2.47 billion, and are expected to be even higher in 2013. Historically their sales have seen constant growth, from $755 million in 2003 to their current sales record of $2.47 billion. Moog is also constantly acquiring other businesses to add to their diversified product lines. Their most recent acquisitions include Aspen Motion Technologies which they bought in March 2013 for $34 million cash, and Broad Reach Engineering Company which they purchased in January 2013 for $48 million, $37 million of which was in cash. Their abundance of cash, $148 million at the end of 2012, allows them to continually invest in the success of their company without carrying heavy debt. Figure 4 Prepared by B. Holmes with information from Hoovers.com Stock History Moog Inc. can be found on the NYSE traded under MOG and was first traded in 1959. There are currently over 45 million shares of Moog stock and is trading at $44.09 per share. Since their IPO in 1959, stock price has been steadily climbing and reached an all-time Moog’s high of $48.18 before the stock market crash in 2009 which saw a drop to $18.51. However it has slowly made a rebound and is currently trading around $45, and is considered a or at “buy” least a by analysts. “hold” Figure 5 Prepared by B. Holmes with information from Hoovers.com
they sell to various clients, ranging from Boeing to the United States Government. Their most recent contract is with Bell Helicopters for their flight controls on their Bell 525 Relentless. Figure 2 Bell 525 Relentless Source: www.aviationtoday.com Moog’s motion control technology can also be found on almost every Boeing aircraft, the retractable roof at Wimbledon, and on the Mars rover, Curiosity. Financial Analysis Moog Inc. can be seen as a very financially stable company. Sales last year were at an all-time record of $2.47 billion, and are expected to be even higher in 2013. Historically their sales have seen constant growth, from $755 million in 2003 to their current sales record of $2.47 billion. Moog is also constantly acquiring other businesses to add to their diversified product lines. Their most recent acquisitions include Aspen Motion Technologies which they bought in March 2013 for $34 million cash, and Broad Reach Engineering Company which they purchased in January 2013 for $48 million, $37 million of which was in cash. Their abundance of cash, $148 million at the end of 2012, allows them to continually invest in the success of their company without carrying heavy debt. Figure 4 Prepared by B. Holmes with information from Hoovers.com Stock History Moog Inc. can be found on the NYSE traded under MOG and was first traded in 1959. There are currently over 45 million shares of Moog stock and is trading at $44.09 per share. Since their IPO in 1959, Moog’s stock price has been steadily climbing and reached an all-time high of $48.18 before the stock market crash in 2009 which saw a drop to $18.51. However it has slowly made a rebound and is currently trading around $45, and is considered a “buy” or at least a “hold” by analysts. Figure 5 Prepared by B. Holmes with information from Hoovers.com
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