StandardAero, Inc. (NYSE:SARO - Get Free Report) hit a new 52-week low on Tuesday. The stock traded as low as $19.78 and last traded at $19.8510, with a volume of 306,665 shares traded. The stock had previously closed at $19.91.
Wall Street Analyst Weigh In
Several equities research analysts recently commented on SARO shares. JPMorgan Chase & Co. raised their target price on StandardAero from $38.00 to $40.00 and gave the company an "overweight" rating in a report on Monday, August 10th. Weiss Ratings lowered shares of StandardAero from a "hold (c)" rating to a "hold (c-)" rating in a research note on Friday, September 11th. Wall Street Zen cut shares of StandardAero from a "buy" rating to a "hold" rating in a research report on Saturday, October 3rd. UBS Group upped their target price on shares of StandardAero from $35.00 to $36.00 and gave the company a "buy" rating in a research note on Friday, August 7th. Finally, Morgan Stanley set a $33.00 price target on shares of StandardAero in a research note on Monday, August 10th. 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 stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $34.00.
Read Our Latest Stock Report on StandardAero
StandardAero Stock Down 0.8%
The stock has a market capitalization of $6.53 billion, a price-to-earnings ratio of 20.36 and a beta of 0.91. The firm's fifty day moving average is $24.36 and its 200-day moving average is $26.03. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.13 and a quick ratio of 1.59.
StandardAero (NYSE:SARO - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.08. StandardAero had a return on equity of 14.52% and a net margin of 5.12%. The firm had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.59 billion. StandardAero's quarterly revenue was up 4.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.20 earnings per share. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. On average, sell-side analysts predict that StandardAero, Inc. will post 1.50 earnings per share for the current year.
Insider Activity
In other StandardAero news, CEO Russell Ford sold 20,413 shares of the firm's stock in a transaction 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 sale, the chief executive officer directly owned 295,573 shares in the company, valued at approximately $9,032,710.88. This trade represents a 6.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Over the last 90 days, insiders sold 111,423 shares of company stock valued at $3,420,960. Company insiders own 2.10% of the company's stock.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in SARO. Cooper Financial Group acquired a new stake in StandardAero during the third quarter valued at approximately $623,000. MassMutual Private Wealth & Trust FSB grew its position in StandardAero by 72.7% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 1,290 shares of the company's stock worth $28,000 after buying an additional 543 shares during the last quarter. CX Institutional acquired a new position in StandardAero in the third quarter worth approximately $36,000. Scholtz & Company LLC bought a new position in shares of StandardAero in the second quarter valued at $3,960,000. Finally, WINTON GROUP Ltd increased its holdings in shares of StandardAero by 19.0% in the second quarter. WINTON GROUP Ltd now owns 113,814 shares of the company's stock valued at $3,404,000 after buying an additional 18,206 shares in the last quarter.
StandardAero Company Profile
(
Get Free Report)
StandardAero is an aerospace maintenance, repair and overhaul (MRO) company serving commercial aviation, business aviation, general aviation, military and government customers. The company provides services designed to maintain, repair, overhaul and extend the operating life of aircraft and their components.
Its offerings include engine maintenance and overhaul, airframe services, avionics and electrical work, landing-gear and component support, engineering, and parts and logistics services.
Further Reading
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