Loar (NYSE:LOAR) Updates FY 2026 Earnings Guidance

Loar (NYSE:LOAR) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.320-1.360 for the period, compared to the consensus earnings per share estimate of 1.280. The company issued revenue guidance of $665.0 million-$675.0 million, compared to the consensus revenue estimate of $652.5 million.

Loar Stock Performance

Shares of LOAR traded up $0.68 during mid-day trading on Thursday, hitting $76.34. The stock had a trading volume of 81,066 shares, compared to its average volume of 889,815. Loar has a fifty-two week low of $53.15 and a fifty-two week high of $83.43. The company has a quick ratio of 2.89, a current ratio of 4.56 and a debt-to-equity ratio of 0.80. The company has a market cap of $7.15 billion, a PE ratio of 108.75 and a beta of 0.56. The company’s fifty day simple moving average is $71.08 and its two-hundred day simple moving average is $66.67.

Loar (NYSE:LOAR) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.07. The firm had revenue of $171.58 million for the quarter, compared to analysts’ expectations of $162.80 million. Loar had a return on equity of 8.47% and a net margin of 12.64%.The firm’s revenue for the quarter was up 39.4% on a year-over-year basis. During the same period last year, the business posted $0.23 earnings per share. Loar has set its FY 2026 guidance at 1.320-1.360 EPS. On average, equities analysts expect that Loar will post 1.16 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on LOAR shares. Morgan Stanley reiterated an “equal weight” rating and issued a $82.00 target price (down from $91.00) on shares of Loar in a research note on Wednesday, July 15th. Weiss Ratings raised Loar from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, July 10th. Jefferies Financial Group set a $75.00 price target on Loar in a report on Sunday, May 10th. Royal Bank Of Canada cut their price objective on shares of Loar from $90.00 to $80.00 and set an “outperform” rating on the stock in a research note on Friday, May 8th. Finally, Zacks Research raised shares of Loar from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $84.40.

Insider Activity

In related news, Director Taiwo K. Danmola sold 35,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $60.59, for a total value of $2,120,650.00. Following the completion of the sale, the director owned 54,286 shares in the company, valued at approximately $3,289,188.74. This represents a 39.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 20.10% of the stock is owned by corporate insiders.

Institutional Trading of Loar

Several hedge funds and other institutional investors have recently modified their holdings of the company. Royal Bank of Canada raised its stake in shares of Loar by 7.6% during the 1st quarter. Royal Bank of Canada now owns 15,310 shares of the company’s stock worth $1,082,000 after purchasing an additional 1,081 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Loar by 10.1% in the first quarter. Goldman Sachs Group Inc. now owns 538,592 shares of the company’s stock valued at $38,052,000 after acquiring an additional 49,629 shares during the last quarter. Prudential Financial Inc. bought a new stake in Loar in the second quarter worth approximately $245,000. Russell Investments Group Ltd. acquired a new position in shares of Loar during the 2nd quarter worth $945,000. Finally, WINTON GROUP Ltd bought a new position in shares of Loar during the 2nd quarter valued at $204,000.

About Loar

Loar Holdings Inc, through its subsidiaries, designs, manufactures, and markets aerospace and defense components for aircraft, and aerospace and defense systems in the United States and internationally. It offers products in various categories, which include airframe components, structural components, avionics, composites, braking system components, de-ice and ice protection, electro-mechanical, engineered materials, flight controls, fluid and motion controls, environmental, metal forming, molded components, and restraints and safety devices.