StandardAero, Inc. (NYSE:SARO) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• StandardAero, Inc. has received a consensus rating of "Moderate Buy" from eleven research firms, with an average 12-month price target of $34.36.
• Insider transactions indicate significant activity, with one insider selling 73,718 shares, representing an 81.34% decrease in their position, while corporate insiders own 1.90% of the company’s stock.
• StandardAero's recent earnings report showed $1.53 billion in revenue for the quarter, exceeding estimates, despite a slight miss in earnings per share (EPS) at $0.20 against an expected $0.21.

Shares of StandardAero, Inc. (NYSE:SARO - Get Free Report) have been given an average rating of "Moderate Buy" by the eleven research firms that are currently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $34.3636.

SARO has been the subject of several analyst reports. CIBC decreased their price objective on StandardAero from $35.00 to $34.00 and set an "outperformer" rating for the company in a report on Tuesday, July 8th. Barclays started coverage on StandardAero in a report on Friday, September 12th. They issued an "equal weight" rating and a $32.00 price target for the company. Wall Street Zen raised StandardAero from a "hold" rating to a "buy" rating in a report on Friday. Finally, Susquehanna started coverage on StandardAero in a report on Wednesday, September 17th. They issued a "positive" rating and a $34.00 price target for the company.

Insiders Place Their Bets

In related news, insider Alex Trapp sold 73,718 shares of the company's stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $28.06, for a total value of $2,068,527.08. Following the completion of the transaction, the insider owned 16,908 shares of the company's stock, valued at approximately $474,438.48. This represents a 81.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last ninety days, insiders sold 80,626 shares of company stock valued at $2,261,951. Corporate insiders own 1.90% of the company's stock.

Institutional Investors Weigh In On StandardAero

Several large investors have recently bought and sold shares of SARO. Carlyle Group Inc. increased its stake in StandardAero by 1,912.5% during the 1st quarter. Carlyle Group Inc. now owns 134,352,830 shares of the company's stock worth $3,579,159,000 after buying an additional 127,676,968 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in StandardAero by 311.6% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 8,548,613 shares of the company's stock worth $261,759,000 after buying an additional 6,471,813 shares in the last quarter. Norges Bank purchased a new stake in StandardAero during the 2nd quarter worth approximately $203,038,000. Vanguard Group Inc. increased its stake in StandardAero by 53.2% during the 1st quarter. Vanguard Group Inc. now owns 9,133,766 shares of the company's stock worth $243,324,000 after buying an additional 3,171,404 shares in the last quarter. Finally, State Street Corp increased its stake in StandardAero by 90.7% during the 2nd quarter. State Street Corp now owns 6,047,097 shares of the company's stock worth $191,391,000 after buying an additional 2,875,579 shares in the last quarter.

StandardAero Stock Performance

Shares of SARO stock opened at $26.75 on Friday. The stock has a market cap of $8.95 billion and a PE ratio of 65.23. The business has a 50-day simple moving average of $27.46 and a 200-day simple moving average of $28.05. The company has a quick ratio of 1.49, a current ratio of 2.15 and a debt-to-equity ratio of 0.91. StandardAero has a 52-week low of $21.31 and a 52-week high of $34.38.

StandardAero (NYSE:SARO - Get Free Report) last issued its quarterly earnings data on Wednesday, August 13th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.01). The company had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.50 billion. StandardAero had a net margin of 2.37% and a return on equity of 8.87%. The business's quarterly revenue was up 13.5% compared to the same quarter last year. During the same period last year, the firm earned $0.02 EPS. StandardAero has set its FY 2025 guidance at EPS. On average, equities analysts expect that StandardAero will post 0.29 EPS for the current year.

StandardAero Company Profile

StandardAero, Inc provides aerospace engine aftermarket services for fixed and rotary wing aircraft in the United States, Canada, the United Kingdom, Rest of Europe, Asia, and internationally. It operates in two segments, Engine Services and Component Repair Services. The Engine Services segment provides a suite of aftermarket services, including maintenance, repair and overhaul, on-wing and field service support, asset management, and engineering and related solutions to customers in the commercial aerospace, military and helicopter, and business aviation end markets.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.