StandardAero (SARO) Expected to Announce Earnings on Monday

StandardAero (NYSE:SARO - Get Free Report) is projected to release its Q1 2025 earnings data after the market closes on Monday, June 9th. Analysts expect StandardAero to post earnings of $0.17 per share for the quarter. StandardAero has set its FY 2025 guidance at EPS.

StandardAero (NYSE:SARO - Get Free Report) last released its quarterly earnings data on Monday, May 12th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.02. The company had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.51 billion. The company's quarterly revenue was up 16.2% compared to the same quarter last year. On average, analysts expect StandardAero to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

StandardAero Stock Performance

StandardAero stock traded down $0.13 during mid-day trading on Thursday, hitting $29.71. 2,316,177 shares of the company were exchanged, compared to its average volume of 2,272,473. The business has a fifty day moving average of $27.04 and a 200 day moving average of $26.82. StandardAero has a 1-year low of $21.31 and a 1-year high of $34.38.

Analysts Set New Price Targets

SARO has been the subject of a number of recent analyst reports. Morgan Stanley dropped their target price on shares of StandardAero from $33.00 to $32.00 and set an "equal weight" rating for the company in a research report on Friday, March 14th. UBS Group raised their price objective on shares of StandardAero from $25.00 to $30.00 and gave the stock a "neutral" rating in a report on Tuesday, May 13th. Finally, Wall Street Zen upgraded shares of StandardAero from a "hold" rating to a "buy" rating in a research note on Saturday, May 24th. Three investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, StandardAero has a consensus rating of "Moderate Buy" and an average price target of $35.11.

Insiders Place Their Bets

In related news, major shareholder Private Ltd Gic sold 6,629,834 shares of the business's stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $27.16, for a total value of $180,066,291.44. Following the completion of the transaction, the insider now owns 40,817,224 shares in the company, valued at $1,108,595,803.84. The trade was a 13.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Over the last three months, insiders sold 12,983,425 shares of company stock valued at $353,519,326. Insiders own 1.90% of the company's stock.

Institutional Investors Weigh In On StandardAero

A number of institutional investors and hedge funds have recently made changes to their positions in SARO. Comerica Bank bought a new stake in shares of StandardAero during the first quarter worth $26,000. Royal Bank of Canada raised its holdings in StandardAero by 418.8% during the 1st 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 during the last quarter. AQR Capital Management LLC bought a new stake in StandardAero during the 1st quarter worth about $521,000. Goldman Sachs Group Inc. bought a new stake in StandardAero during the 1st quarter worth about $6,821,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in StandardAero during the 1st quarter worth about $12,343,000.

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.