Brokerages Set StandardAero, Inc. (NYSE:SARO) PT at $34.25

StandardAero, Inc. (NYSE:SAROGet Free Report) has been given a consensus rating of “Moderate Buy” by the fourteen ratings firms that are currently covering the firm, Marketbeat.com reports. Six analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $34.25.

SARO has been the topic of a number of research reports. Jefferies Financial Group downgraded shares of StandardAero from a “buy” rating to a “hold” rating and dropped their target price for the company from $34.00 to $30.00 in a research report on Tuesday, June 2nd. Wells Fargo & Company initiated coverage on shares of StandardAero in a research report on Wednesday, April 1st. They set an “overweight” rating and a $32.00 target price on the stock. BTIG Research initiated coverage on shares of StandardAero in a research report on Thursday, April 2nd. They set a “buy” rating and a $35.00 target price on the stock. Sanford C. Bernstein reiterated an “outperform” rating and set a $39.00 target price on shares of StandardAero in a research report on Tuesday, February 24th. Finally, Weiss Ratings downgraded shares of StandardAero from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, May 29th.

Get Our Latest Stock Report on SARO

Insider Activity at StandardAero

In related news, COO Kimberly Ernzen sold 2,516 shares of the business’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $27.36, for a total transaction of $68,837.76. Following the transaction, the chief operating officer owned 6,632 shares in the company, valued at $181,451.52. The trade was a 27.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Russell Wayne Ford sold 10,638 shares of the company’s stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $27.36, for a total transaction of $291,055.68. Following the transaction, the chief executive officer owned 14,342 shares in the company, valued at approximately $392,397.12. The trade was a 42.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 19,337 shares of company stock worth $529,060 over the last ninety days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Comerica Bank acquired a new position in StandardAero during the first quarter worth $26,000. State of Wyoming acquired a new position in StandardAero during the third quarter worth $27,000. Aventura Private Wealth LLC acquired a new position in StandardAero during the fourth quarter worth $45,000. Optiver Holding B.V. acquired a new position in StandardAero during the first quarter worth $51,000. Finally, Danske Bank A S acquired a new position in StandardAero during the third quarter worth $82,000.

StandardAero Stock Down 3.3%

Shares of NYSE SARO opened at $24.76 on Thursday. The company has a market capitalization of $8.23 billion, a P/E ratio of 28.13 and a beta of 0.97. StandardAero has a 52-week low of $23.83 and a 52-week high of $34.48. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.59 and a current ratio of 2.12. The company’s 50 day moving average price is $26.07 and its 200-day moving average price is $28.01.

StandardAero (NYSE:SAROGet Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. StandardAero had a net margin of 4.71% and a return on equity of 12.36%. The firm had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.49 billion. During the same quarter in the previous year, the company earned $0.19 EPS. The company’s revenue for the quarter was up 13.3% on a year-over-year basis. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. Equities analysts forecast that StandardAero will post 1.42 earnings per share for the current year.

About StandardAero

(Get Free Report)

StandardAero is a global aerospace maintenance, repair and overhaul (MRO) provider specializing in gas turbine engines, auxiliary power units (APUs), airframe components and oil & gas rotating equipment. The company offers a full suite of technical services including engine repair and overhaul, component repair, accessory maintenance, parts manufacturing and on-site field support. Its customer base spans commercial airlines, business and general aviation operators, regional carriers, original equipment manufacturers (OEMs) and defense organizations.

With roots dating back to 1911, StandardAero has grown through strategic acquisitions and organic expansion to become one of the largest independent MRO providers in the industry.

Recommended Stories

Analyst Recommendations for StandardAero (NYSE:SARO)

Receive News & Ratings for StandardAero Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for StandardAero and related companies with MarketBeat.com's FREE daily email newsletter.