StandardAero, Inc. (NYSE:SARO) Short Interest Update

StandardAero, Inc. (NYSE:SARO) was the recipient of a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 8,972,275 shares, a drop of 23.0% from the February 26th total of 11,658,609 shares. Based on an average trading volume of 4,848,987 shares, the short-interest ratio is currently 1.9 days. Approximately 2.7% of the shares of the company are short sold.

StandardAero Price Performance

Shares of StandardAero stock traded down $0.26 on Monday, hitting $25.20. 4,204,640 shares of the company traded hands, compared to its average volume of 4,459,652. The firm’s 50-day simple moving average is $29.61 and its 200 day simple moving average is $28.42. The company has a current ratio of 2.20, a quick ratio of 1.57 and a debt-to-equity ratio of 0.82. The company has a market cap of $8.38 billion, a P/E ratio of 30.37 and a beta of 1.02. StandardAero has a 12-month low of $21.31 and a 12-month high of $34.48.

StandardAero (NYSE:SARO) last announced its earnings results on Wednesday, February 25th. The company reported $0.24 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.24. The company had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.57 billion. StandardAero had a net margin of 4.58% and a return on equity of 10.88%. The firm’s quarterly revenue was up 13.5% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.04) earnings per share. StandardAero has set its FY 2026 guidance at 1.350-1.450 EPS. Analysts expect that StandardAero will post 0.29 earnings per share for the current fiscal year.

StandardAero announced that its board has authorized a share buyback program on Wednesday, December 10th that permits the company to repurchase $450.00 million in shares. This repurchase authorization permits the company to buy up to 5% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Analysts Set New Price Targets

SARO has been the topic of a number of recent analyst reports. Zacks Research upgraded StandardAero from a “strong sell” rating to a “strong-buy” rating in a research report on Friday, February 27th. Susquehanna set a $38.00 target price on StandardAero in a research report on Thursday, January 15th. Sanford C. Bernstein restated an “outperform” rating and issued a $39.00 target price on shares of StandardAero in a research note on Tuesday, February 24th. Wall Street Zen raised StandardAero from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $37.00 price target on shares of StandardAero in a research report on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $35.00.

Insider Activity at StandardAero

In other news, CEO Russell Wayne Ford sold 40,000 shares of StandardAero stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $30.09, for a total value of $1,203,600.00. Following the completion of the transaction, the chief executive officer directly owned 606,955 shares in the company, valued at approximately $18,263,275.95. The trade was a 6.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 200,000 shares of company stock valued at $6,044,000 over the last three months.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Comerica Bank purchased a new stake in shares of StandardAero in the 1st quarter valued at $26,000. State of Wyoming purchased a new position in StandardAero in the 3rd quarter worth $27,000. First Horizon Corp bought a new stake in StandardAero in the third quarter worth $34,000. Aventura Private Wealth LLC bought a new stake in StandardAero in the fourth quarter worth $45,000. Finally, Danske Bank A S purchased a new stake in StandardAero during the third quarter valued at about $82,000.

StandardAero Company Profile

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.