StandardAero (NYSE:SARO) Stock Rating Upgraded by Wall Street Zen

StandardAero (NYSE:SARO) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Saturday, Wall Street Zen reports.

A number of other equities research analysts also recently commented on the stock. Morgan Stanley set a $33.00 price objective on shares of StandardAero in a research report on Monday, August 10th. Jefferies Financial Group set a $25.00 price objective on StandardAero in a report on Thursday, September 24th. JPMorgan Chase & Co. boosted their target price on StandardAero from $38.00 to $40.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. UBS Group boosted their target price on StandardAero from $35.00 to $36.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Finally, Bank of America cut their target price on StandardAero from $35.00 to $27.00 and set a “neutral” rating for the company in a research note on Thursday, September 17th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $34.00.

StandardAero Stock Performance

NYSE:SARO opened at $21.81 on Friday. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.13 and a quick ratio of 1.59. The firm has a market cap of $7.22 billion, a price-to-earnings ratio of 22.48 and a beta of 0.91. The firm’s fifty day moving average price is $22.95 and its 200 day moving average price is $25.71. StandardAero has a 1-year low of $19.56 and a 1-year high of $34.48.

StandardAero (NYSE:SARO) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.08. The company had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.59 billion. StandardAero had a net margin of 5.12% and a return on equity of 14.52%. StandardAero’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.20 EPS. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. On average, sell-side analysts expect that StandardAero will post 1.50 EPS for the current year.

Insider Buying and Selling at StandardAero

In related news, CEO Russell Ford sold 20,413 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $30.56, for a total value of $623,821.28. Following the completion of the transaction, the chief executive officer directly owned 295,573 shares of the company’s stock, valued at $9,032,710.88. This trade represents a 6.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last 90 days, insiders sold 112,203 shares of company stock valued at $3,437,527. Corporate insiders own 2.10% of the company’s stock.

Hedge Funds Weigh In On StandardAero

Several hedge funds and other institutional investors have recently bought and sold shares of SARO. Carlyle Group Inc. acquired a new stake in StandardAero in the second quarter valued at $2,529,998,000. BlackRock Inc. acquired a new position in shares of StandardAero during the 2nd quarter worth $646,128,000. Allspring Global Investments Holdings LLC raised its stake in shares of StandardAero by 42.8% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 15,081,516 shares of the company’s stock worth $395,890,000 after buying an additional 4,523,693 shares during the last quarter. Jupiter Topco LLC acquired a new position in shares of StandardAero during the 2nd quarter worth $366,857,000. Finally, Janus Henderson Group PLC boosted its position in shares of StandardAero by 7.3% in the 1st quarter. Janus Henderson Group PLC now owns 12,040,337 shares of the company’s stock worth $311,002,000 after buying an additional 816,276 shares in the last quarter.

StandardAero Company Profile

StandardAero is an aerospace maintenance, repair and overhaul (MRO) company that provides services for commercial and business aviation, military and government operators, and helicopter customers. The company supports aircraft throughout their operating life, helping customers maintain, repair, upgrade and return aircraft and components to service.

Its services include engine maintenance, repair and overhaul; airframe maintenance; avionics and electrical work; component and accessory repair; engineering; and aircraft modifications.