Shares of StandardAero, Inc. (NYSE:SARO – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the eleven ratings firms that are covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating, five have given a buy rating and two have assigned a strong buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $34.70.
Several research analysts have recently issued reports on SARO shares. UBS Group increased their target price on StandardAero from $34.00 to $35.00 and gave the stock a “neutral” rating in a research report on Thursday, February 26th. Susquehanna set a $38.00 price objective on StandardAero in a research report on Thursday, January 15th. Zacks Research raised StandardAero from a “strong sell” rating to a “strong-buy” rating in a research report on Friday, February 27th. Wall Street Zen raised StandardAero from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $37.00 price objective on shares of StandardAero in a research report on Thursday, January 29th.
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Insiders Place Their Bets
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vulcan Value Partners LLC purchased a new stake in StandardAero during the 4th quarter valued at $13,618,000. T. Rowe Price Investment Management Inc. raised its stake in shares of StandardAero by 11.1% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 11,984,551 shares of the company’s stock worth $343,717,000 after purchasing an additional 1,194,488 shares during the last quarter. State of Tennessee Department of Treasury bought a new position in shares of StandardAero during the fourth quarter valued at $2,360,000. VARCOV Co. bought a new position in shares of StandardAero during the fourth quarter valued at $567,000. Finally, Wellington Management Group LLP boosted its position in shares of StandardAero by 5.0% during the fourth quarter. Wellington Management Group LLP now owns 10,867,767 shares of the company’s stock valued at $311,688,000 after buying an additional 522,203 shares during the last quarter.
StandardAero Stock Down 1.0%
Shares of NYSE:SARO opened at $27.56 on Wednesday. StandardAero has a 52-week low of $23.97 and a 52-week high of $34.48. The firm has a market capitalization of $9.17 billion, a P/E ratio of 33.20 and a beta of 1.35. The stock has a 50 day moving average price of $28.46 and a 200-day moving average price of $28.38. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.57 and a current ratio of 2.20.
StandardAero (NYSE:SARO – Get Free Report) last announced its earnings results on Wednesday, February 25th. The company reported $0.24 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.24. StandardAero had a return on equity of 10.88% and a net margin of 4.58%.The firm had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.57 billion. During the same quarter in the prior year, the company earned ($0.04) EPS. The business’s revenue was up 13.5% compared to the same quarter last year. StandardAero has set its FY 2026 guidance at 1.350-1.450 EPS. As a group, equities research analysts anticipate that StandardAero will post 0.29 EPS for the current fiscal year.
About StandardAero
StandardAero is a global aerospace maintenance, repair and overhaul (MRO) provider specializing in gas turbine engines, auxiliary power units (APUs), airframe components and oil & gas rotating equipment. The company offers a full suite of technical services including engine repair and overhaul, component repair, accessory maintenance, parts manufacturing and on-site field support. Its customer base spans commercial airlines, business and general aviation operators, regional carriers, original equipment manufacturers (OEMs) and defense organizations.
With roots dating back to 1911, StandardAero has grown through strategic acquisitions and organic expansion to become one of the largest independent MRO providers in the industry.
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