Royal Bank Of Canada Issues Positive Forecast for Loar (NYSE:LOAR) Stock Price

Loar (NYSE:LOAR) had its target price raised by Royal Bank Of Canada from $80.00 to $85.00 in a research report released on Friday morning,Benzinga reports. They currently have an outperform rating on the stock.

A number of other equities analysts have also issued reports on the stock. Weiss Ratings raised shares of Loar from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, July 10th. Zacks Research lowered shares of Loar from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Jefferies Financial Group set a $75.00 target price on shares of Loar in a report on Sunday, May 10th. Morgan Stanley restated an “equal weight” rating and set a $82.00 target price (down from $91.00) on shares of Loar in a research report on Wednesday, July 15th. Finally, Citigroup upped their price target on shares of Loar from $71.00 to $87.00 and gave the company a “buy” rating in a report on Thursday, June 25th. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $85.40.

Loar Stock Performance

Shares of LOAR opened at $71.07 on Friday. The stock has a 50-day moving average of $71.37 and a two-hundred day moving average of $66.69. Loar has a one year low of $53.15 and a one year high of $83.43. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.89 and a current ratio of 4.56. The stock has a market cap of $6.65 billion, a P/E ratio of 98.70 and a beta of 0.56.

Loar (NYSE:LOAR) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.07. Loar had a return on equity of 9.42% and a net margin of 11.60%.The business had revenue of $171.58 million for the quarter, compared to analyst estimates of $162.80 million. During the same period in the prior year, the company earned $0.23 earnings per share. The company’s revenue was up 39.4% on a year-over-year basis. Loar has set its FY 2026 guidance at 1.320-1.360 EPS. As a group, research analysts predict that Loar will post 1.16 EPS for the current year.

Insider Buying and Selling

In other news, Director Taiwo K. Danmola sold 35,000 shares of the firm’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 transaction of $2,120,650.00. Following the sale, the director owned 54,286 shares of the company’s stock, valued at $3,289,188.74. This trade represents a 39.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 20.10% of the company’s stock.

Institutional Investors Weigh In On Loar

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Rakuten Securities Inc. acquired a new stake in Loar in the 2nd quarter worth about $27,000. Fifth Third Bancorp purchased a new position in shares of Loar in the fourth quarter valued at approximately $28,000. Sunbelt Securities Inc. lifted its position in shares of Loar by 238.3% in the fourth quarter. Sunbelt Securities Inc. now owns 592 shares of the company’s stock valued at $40,000 after acquiring an additional 417 shares in the last quarter. Danske Bank A S acquired a new stake in shares of Loar in the fourth quarter worth approximately $62,000. Finally, Tower Research Capital LLC TRC boosted its stake in shares of Loar by 347.0% in the second quarter. Tower Research Capital LLC TRC now owns 970 shares of the company’s stock worth $84,000 after acquiring an additional 753 shares during the last quarter.

Loar News Roundup

Here are the key news stories impacting Loar this week:

• Positive Sentiment: Royal Bank of Canada raised its price target on Loar from $80 to $85 and reiterated an “outperform” rating, implying meaningful upside from recent trading levels. Benzinga
• Positive Sentiment: Loar exceeded second-quarter expectations: adjusted EPS was $0.38 versus the $0.31 consensus estimate, while revenue reached approximately $171.6 million, up 39.4% year over year and ahead of the $162.8 million estimate. Adjusted EBITDA increased 47.4% to $69.4 million, with margin expanding to 40.5%. Loar Q2 earnings report
• Positive Sentiment: Management raised its fiscal 2026 outlook to EPS of $1.32–$1.36 and revenue of $665 million–$675 million, above consensus estimates of $1.28 EPS and $652.5 million revenue. The increase reflects strong aerospace and defense demand and a robust new-business pipeline. Loar Q2 results and outlook
• Positive Sentiment: Recent insider activity was reportedly entirely on the buy side, while several institutional investors increased their Loar positions, providing an additional signal of confidence in the company’s long-term prospects.
• Neutral Sentiment: Investor’s Business Daily described Loar as forming a potential new buy point but pulling back toward an important support level. A decisive move above resistance could strengthen the technical outlook, while failure to hold support may keep the stock volatile. Loar technical setup
• Negative Sentiment: Zacks Research downgraded Loar from “strong buy” to “hold,” tempering the positive impact of the earnings beat and higher guidance. With the shares trading at an elevated earnings multiple, further gains may depend on continued strong execution and additional upward revisions. Zacks Research

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.