StandardAero's (SARO) Sell (D+) Rating Reiterated at Weiss Ratings

Key Points

• StandardAero's stock has been given a "sell (D+)" rating by Weiss Ratings, indicating cautious sentiment among analysts.
• While Weiss maintains a sell rating, other analysts such as Wall Street Zen have upgraded the stock to a "buy" rating, highlighting a more positive outlook from several analysts overall.
• StandardAero reported $1.53 billion in revenue for the last quarter, which was higher than expected, but earnings per share missed consensus estimates by $0.01.

StandardAero (NYSE:SARO - Get Free Report)'s stock had its "sell (d+)" rating restated by investment analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Other equities research analysts have also issued research reports about the company. Wall Street Zen raised StandardAero from a "hold" rating to a "buy" rating in a research note on Friday, September 26th. CIBC dropped their price objective on StandardAero from $35.00 to $34.00 and set an "outperformer" rating for the company in a research note on Tuesday, July 8th. Barclays assumed coverage on StandardAero in a research note on Friday, September 12th. They set an "equal weight" rating and a $32.00 price objective for the company. Finally, Susquehanna assumed coverage on StandardAero in a research note on Wednesday, September 17th. They set a "positive" rating and a $34.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, StandardAero currently has a consensus rating of "Moderate Buy" and an average price target of $34.36.

StandardAero Price Performance

Shares of NYSE SARO opened at $27.15 on Wednesday. The stock has a market cap of $9.08 billion and a PE ratio of 66.22. StandardAero has a fifty-two week low of $21.31 and a fifty-two week high of $34.38. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.49 and a current ratio of 2.15. The stock has a fifty day moving average of $27.20 and a 200-day moving average of $27.95.

StandardAero (NYSE:SARO - Get Free Report) last announced its quarterly earnings results on Wednesday, August 13th. The company reported $0.20 earnings per share 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 analysts' expectations of $1.50 billion. StandardAero had a net margin of 2.37% and a return on equity of 8.87%. StandardAero's revenue for the quarter was up 13.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.02 earnings per share. StandardAero has set its FY 2025 guidance at EPS. Equities research analysts anticipate that StandardAero will post 0.29 earnings per share for the current year.

Insider Transactions at StandardAero

In other StandardAero news, insider Alex Trapp sold 4,035 shares of StandardAero stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $28.00, for a total transaction of $112,980.00. Following the completion of the sale, the insider owned 10,000 shares of the company's stock, valued at $280,000. The trade was a 28.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold a total of 80,626 shares of company stock worth $2,261,951 over the last three months. Insiders own 1.90% of the company's stock.

Institutional Investors Weigh In On StandardAero

Several hedge funds have recently added to or reduced their stakes in SARO. California State Teachers Retirement System purchased a new position in shares of StandardAero in the fourth quarter worth about $127,000. GAMMA Investing LLC increased its holdings in shares of StandardAero by 9,817.5% in the first quarter. GAMMA Investing LLC now owns 30,050 shares of the company's stock worth $801,000 after buying an additional 29,747 shares during the period. Rhumbline Advisers increased its holdings in shares of StandardAero by 45.9% in the first quarter. Rhumbline Advisers now owns 73,365 shares of the company's stock worth $1,954,000 after buying an additional 23,086 shares during the period. Allspring Global Investments Holdings LLC purchased a new position in shares of StandardAero in the first quarter worth about $55,679,000. Finally, Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of StandardAero by 83.8% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 16,626 shares of the company's stock worth $443,000 after buying an additional 7,578 shares during the period.

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.

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