5 Best Defense Stocks to Buy That Are Too Cheap to Ignore

4. Moog Inc. (NYSE:MOG-A)

Share Price as of October 13, 2022: $76.32

Number of Hedge Fund Holders: 11

Moog Inc. (NYSE:MOG-A) is an American company that provides flight controls for aircraft, spacecraft, launch vehicles, combat vehicles, and space vehicles. It is headquartered in East Aurora, New York.

Moog Inc. (NYSE:MOG-A)’s third fiscal quarter saw its revenue grow by 9% to sit at $773 million. During the same time period, its adjusted earnings per share (EPS) grew by 44% annually to sit at $1.61. The company also increased its full year EPS guidance by 15 cents to $5.65. Finally, by the end of this year, the firm expects its revenues to grow by 6% and cross $3 billion.

Revenue for Moog Inc. (NYSE:MOG-A)’s Space and Defense segment stood at $224 million in the year, as it enjoyed a 9% growth. As this year’s June quarter ended, 11 out of the 895 hedge funds polled by Insider Monkey had invested in Moog Inc. (NYSE:MOG-A).

Moog Inc. (NYSE:MOG-A)’s largest investor is D.E. Shaw’s D E Shaw which owns  351,428 shares that are worth $27 million.