Susquehanna Cuts StandardAero (NYSE:SARO) Price Target to $34.00

StandardAero (NYSE:SARO) had its price target lowered by Susquehanna from $37.00 to $34.00 in a research note published on Thursday morning,Benzinga reports. The firm currently has a positive rating on the stock.

A number of other research firms have also commented on SARO. Sanford C. Bernstein restated an “outperform” rating on shares of StandardAero in a research report on Monday, August 24th. Wall Street Zen upgraded StandardAero from a “hold” rating to a “buy” rating in a report on Saturday, September 12th. Bank of America decreased their price target on StandardAero from $35.00 to $27.00 and set a “neutral” rating on the stock in a report on Thursday, September 17th. Morgan Stanley set a $33.00 price objective on StandardAero in a research report on Monday, August 10th. Finally, Weiss Ratings cut StandardAero from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, September 11th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $34.08.

StandardAero Price Performance

Shares of StandardAero stock opened at $21.07 on Thursday. The firm has a market cap of $6.97 billion, a P/E ratio of 21.73 and a beta of 0.91. The firm’s 50-day simple moving average is $25.44 and its 200-day simple moving average is $26.28. StandardAero has a twelve month low of $20.78 and a twelve month high of $34.48. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.59 and a current ratio of 2.13.

StandardAero (NYSE:SARO) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.08. StandardAero had a net margin of 5.12% and a return on equity of 14.52%. The firm had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.59 billion. During the same quarter in the prior year, the business posted $0.20 earnings per share. The company’s quarterly revenue was up 4.6% compared to the same quarter last year. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. As a group, research analysts expect that StandardAero will post 1.5 EPS for the current fiscal year.

Insider Activity

In other news, CEO Russell Ford sold 40,000 shares of the firm’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $31.42, for a total value of $1,256,800.00. Following the transaction, the chief executive officer directly owned 315,986 shares in the company, valued at $9,928,280.12. This trade represents a 11.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last 90 days, insiders sold 151,423 shares of company stock valued at $4,638,560. 2.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On StandardAero

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. CX Institutional bought a new position in StandardAero during the third quarter worth about $36,000. Optiver Holding B.V. bought a new stake in shares of StandardAero in the 1st quarter valued at about $51,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of StandardAero in the 2nd quarter valued at about $55,000. Nykredit A S acquired a new stake in shares of StandardAero in the 2nd quarter valued at approximately $65,000. Finally, GAMMA Investing LLC raised its position in shares of StandardAero by 54.6% in the 2nd quarter. GAMMA Investing LLC now owns 3,002 shares of the company’s stock valued at $90,000 after acquiring an additional 1,060 shares during the period.

StandardAero Company Profile

StandardAero is an aerospace maintenance, repair and overhaul (MRO) company serving commercial aviation, business aviation, general aviation, military and government customers. The company provides services designed to maintain, repair, overhaul and extend the operating life of aircraft and their components.

Its offerings include engine maintenance and overhaul, airframe services, avionics and electrical work, landing-gear and component support, engineering, and parts and logistics services.