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

Key Points

• StandardAero, Inc. (NYSE:SARO) has received a consensus rating of "Moderate Buy" from analysts, with an average price target set at $34.67.
• Recent institutional investments in StandardAero include Carlyle Group increasing their stake by 1,912.5% and Norges Bank acquiring a new position valued at $203 million.
• The company's latest earnings report showed a net margin of 2.37% with revenue of $1.53 billion, marking a 13.5% year-over-year increase.

Shares of StandardAero, Inc. (NYSE:SARO - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the nine ratings firms that are covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $34.6667.

SARO has been the subject of several analyst reports. Wall Street Zen downgraded StandardAero from a "buy" rating to a "hold" rating in a research report on Saturday, June 14th. CIBC decreased their target price on StandardAero from $35.00 to $34.00 and set an "outperformer" rating for the company in a research report on Tuesday, July 8th. Finally, UBS Group upped their target price on StandardAero from $25.00 to $30.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 13th.

Institutional Investors Weigh In On StandardAero

Several institutional investors and hedge funds have recently modified their holdings of the stock. Carlyle Group Inc. lifted its stake in shares of StandardAero by 13.6% in the second quarter. Carlyle Group Inc. now owns 152,673,891 shares of the company's stock worth $4,832,129,000 after acquiring an additional 18,321,061 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of StandardAero by 53.2% in the first quarter. Vanguard Group Inc. now owns 9,133,766 shares of the company's stock worth $243,324,000 after acquiring an additional 3,171,404 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of StandardAero by 311.6% in the second quarter. Allspring Global Investments Holdings LLC now owns 8,548,613 shares of the company's stock worth $261,759,000 after acquiring an additional 6,471,813 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its stake in shares of StandardAero by 29.2% in the first quarter. T. Rowe Price Investment Management Inc. now owns 8,418,195 shares of the company's stock worth $224,261,000 after acquiring an additional 1,902,687 shares in the last quarter. Finally, Wellington Management Group LLP raised its stake in StandardAero by 9.1% during the first quarter. Wellington Management Group LLP now owns 8,106,811 shares of the company's stock valued at $215,965,000 after buying an additional 678,520 shares in the last quarter.

StandardAero Price Performance

Shares of NYSE SARO traded up $0.03 during trading on Tuesday, reaching $26.70. The company had a trading volume of 1,313,434 shares, compared to its average volume of 1,611,636. StandardAero has a twelve month low of $21.31 and a twelve month high of $34.38. The stock has a market capitalization of $8.93 billion and a PE ratio of 65.12. The stock has a 50-day moving average price of $28.67 and a two-hundred day moving average price of $28.05. The company has a current ratio of 2.15, a quick ratio of 1.49 and a debt-to-equity ratio of 0.91.

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

About StandardAero

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.