Shares of StandardAero, Inc. (NYSE:SARO – Get Free Report) have received an average rating of “Moderate Buy” from the thirteen brokerages that are covering the firm, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation, six have given a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $34.6364.
SARO has been the subject of several research reports. UBS Group upgraded shares of StandardAero from a “neutral” rating to a “buy” rating and decreased their price target for the stock from $35.00 to $34.00 in a report on Monday. Wells Fargo & Company began coverage on shares of StandardAero in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $32.00 target price for the company. Zacks Research lowered shares of StandardAero from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Sanford C. Bernstein restated an “outperform” rating and set a $39.00 price target on shares of StandardAero in a report on Tuesday, February 24th. Finally, Truist Financial raised shares of StandardAero to a “strong-buy” rating in a research note on Friday, May 1st.
Read Our Latest Stock Report on StandardAero
StandardAero Stock Performance
StandardAero (NYSE:SARO – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.03. StandardAero had a return on equity of 12.36% and a net margin of 4.71%.The firm had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.49 billion. The business’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.19 EPS. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. On average, sell-side analysts predict that StandardAero will post 1.42 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, CEO Russell Wayne Ford sold 40,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $30.09, for a total value of $1,203,600.00. Following the completion of the sale, the chief executive officer owned 606,955 shares of the company’s stock, valued at approximately $18,263,275.95. The trade was a 6.18% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Kimberly Ernzen sold 2,516 shares of the stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $27.36, for a total value of $68,837.76. Following the completion of the transaction, the chief operating officer owned 6,632 shares in the company, valued at $181,451.52. This represents a 27.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 59,337 shares of company stock worth $1,732,660. Insiders own 1.90% of the company’s stock.
Institutional Trading of StandardAero
Several large investors have recently added to or reduced their stakes in the business. Comerica Bank bought a new position in shares of StandardAero during the 1st quarter valued at $26,000. Royal Bank of Canada boosted its holdings in StandardAero by 418.8% in the first quarter. Royal Bank of Canada now owns 138,268 shares of the company’s stock worth $3,682,000 after purchasing an additional 111,617 shares in the last quarter. AQR Capital Management LLC acquired a new position in StandardAero during the first quarter worth $521,000. Goldman Sachs Group Inc. acquired a new position in StandardAero during the first quarter worth $6,821,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in StandardAero during the first quarter valued at about $12,343,000.
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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