Loar (NYSE:LOAR) Updates FY 2025 Earnings Guidance

Loar (NYSE:LOAR) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.930-0.980 for the period, compared to the consensus estimate of 0.810. The company issued revenue guidance of $487.0 million-$495.0 million, compared to the consensus revenue estimate of $491.7 million. Loar also updated its FY 2026 guidance to 0.980-1.03 EPS.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on LOAR. Weiss Ratings restated a “hold (c-)” rating on shares of Loar in a research note on Wednesday, October 8th. Zacks Research raised Loar from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. Finally, Wall Street Zen raised Loar from a “hold” rating to a “buy” rating in a report on Saturday, August 16th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Loar currently has an average rating of “Buy” and an average target price of $97.00.

Loar Stock Down 2.3%

Loar stock opened at $71.52 on Thursday. Loar has a 1-year low of $62.10 and a 1-year high of $99.67. The company has a market cap of $6.70 billion, a P/E ratio of 155.48 and a beta of 0.19. The company has a current ratio of 6.15, a quick ratio of 4.01 and a debt-to-equity ratio of 0.25. The company has a fifty day simple moving average of $78.55 and a 200 day simple moving average of $80.08.

Loar (NYSE:LOAR) last announced its quarterly earnings results on Wednesday, November 12th. The company reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.13. Loar had a net margin of 9.82% and a return on equity of 5.50%. The firm had revenue of $126.75 million during the quarter, compared to analysts’ expectations of $126.80 million. During the same quarter last year, the company posted $0.15 earnings per share. The company’s revenue for the quarter was up 22.5% compared to the same quarter last year. Loar has set its FY 2026 guidance at 0.980-1.03 EPS. FY 2025 guidance at 0.930-0.980 EPS. Research analysts anticipate that Loar will post 0.28 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Wasatch Advisors LP lifted its stake in Loar by 290.9% during the second quarter. Wasatch Advisors LP now owns 2,624,649 shares of the company’s stock worth $226,166,000 after purchasing an additional 1,953,148 shares during the last quarter. Alliancebernstein L.P. increased its position in Loar by 98.0% in the 2nd quarter. Alliancebernstein L.P. now owns 1,520,064 shares of the company’s stock valued at $130,984,000 after acquiring an additional 752,201 shares during the period. Balyasny Asset Management L.P. acquired a new position in Loar during the 2nd quarter worth about $57,607,000. State Street Corp boosted its holdings in Loar by 66.3% in the second quarter. State Street Corp now owns 1,660,474 shares of the company’s stock valued at $143,083,000 after acquiring an additional 662,224 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in Loar by 553.4% during the second quarter. Bank of America Corp DE now owns 455,662 shares of the company’s stock valued at $39,264,000 after acquiring an additional 385,926 shares during the last quarter.

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.