StandardAero, Inc. (NYSE:SARO) Stock Has Average Price Target of $34.08 According to Brokerages

StandardAero, Inc. (NYSE:SARO) has been assigned a consensus rating of “Moderate Buy” from the fifteen research firms that are presently covering the company, Marketbeat.com reports. Six analysts have rated the stock with a hold recommendation, seven have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $34.00.

Several analysts recently issued reports on the company. Sanford C. Bernstein reiterated an “outperform” rating on shares of StandardAero in a research report on Monday, August 24th. Weiss Ratings lowered shares of StandardAero from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, September 11th. UBS Group raised their price objective on shares of StandardAero from $35.00 to $36.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. JPMorgan Chase & Co. upped their price objective on shares of StandardAero from $38.00 to $40.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. Finally, Guggenheim initiated coverage on StandardAero in a research note on Monday, September 14th. They issued a “neutral” rating on the stock.

StandardAero Stock Down 0.5%

Shares of StandardAero stock opened at $19.82 on Wednesday. The stock has a market capitalization of $6.56 billion, a PE ratio of 20.43 and a beta of 0.91. StandardAero has a 52-week low of $19.60 and a 52-week 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. The company has a 50-day simple moving average of $24.14 and a two-hundred day simple moving average of $25.98.

StandardAero (NYSE:SARO) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.40 EPS for the quarter, topping the consensus estimate of $0.32 by $0.08. The company had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.59 billion. StandardAero had a return on equity of 14.52% and a net margin of 5.12%. StandardAero’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same period last year, the company earned $0.20 EPS. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. On average, analysts anticipate that StandardAero will post 1.50 EPS for the current fiscal year.

Insider Transactions at StandardAero

In other news, CEO Russell Ford sold 40,000 shares of the business’s stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $31.42, for a total transaction of $1,256,800.00. Following the sale, the chief executive officer owned 315,986 shares in the company, valued at approximately $9,928,280.12. The trade was a 11.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last quarter, insiders sold 111,423 shares of company stock worth $3,420,960. Corporate insiders own 2.10% of the company’s stock.

Hedge Funds Weigh In On StandardAero

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SARO. MassMutual Private Wealth & Trust FSB grew its position in shares of StandardAero by 72.7% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 1,290 shares of the company’s stock valued at $28,000 after purchasing an additional 543 shares during the period. CX Institutional purchased a new position in StandardAero in the third quarter worth approximately $36,000. Optiver Holding B.V. acquired a new stake in shares of StandardAero during the first quarter valued at about $51,000. Northwestern Mutual Wealth Management Co. acquired a new stake in StandardAero in the 2nd quarter valued at approximately $55,000. Finally, Nykredit A S acquired a new position in StandardAero in the 2nd quarter valued at about $65,000.

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.