StandardAero (NYSE:SARO) Stock Rating Upgraded by Wall Street Zen

StandardAero (NYSE:SARO) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Saturday, Wall Street Zen reports.

Several other equities research analysts have also recently weighed in on SARO. UBS Group boosted their price objective on StandardAero from $35.00 to $36.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Weiss Ratings raised StandardAero from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, June 29th. Morgan Stanley set a $33.00 target price on StandardAero in a report on Monday, August 10th. Sanford C. Bernstein restated an “outperform” rating on shares of StandardAero in a report on Monday, August 24th. Finally, JPMorgan Chase & Co. increased their price target on StandardAero from $38.00 to $40.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $35.00.

StandardAero Stock Performance

Shares of NYSE:SARO opened at $23.98 on Friday. The firm has a fifty day simple moving average of $27.11 and a two-hundred day simple moving average of $27.00. StandardAero has a 52 week low of $23.51 and a 52 week high of $34.48. The company has a quick ratio of 1.59, a current ratio of 2.13 and a debt-to-equity ratio of 0.84. The stock has a market capitalization of $7.93 billion, a P/E ratio of 24.72 and a beta of 0.85.

StandardAero (NYSE:SARO) last announced its earnings results on Thursday, August 6th. The company reported $0.40 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $1.59 billion. During the same period in the prior year, the company earned $0.20 EPS. The business’s 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. On average, analysts expect that StandardAero will post 1.51 earnings per share for the current fiscal year.

Insider Activity at StandardAero

In other news, CEO Russell Ford sold 40,000 shares of the stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $30.44, for a total value of $1,217,600.00. Following the sale, the chief executive officer directly owned 486,955 shares in the company, valued at approximately $14,822,910.20. This represents a 7.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders sold a total of 191,423 shares of company stock worth $5,847,760 over the last quarter. Corporate insiders own 2.10% of the company’s stock.

Hedge Funds Weigh In On StandardAero

Hedge funds have recently bought and sold shares of the business. Carlyle Group Inc. purchased a new stake in shares of StandardAero in the 2nd quarter worth approximately $2,529,998,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in StandardAero by 19.7% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 437,138 shares of the company’s stock valued at $13,075,000 after buying an additional 72,089 shares during the period. Vulcan Value Partners LLC purchased a new position in StandardAero during the fourth quarter valued at approximately $13,618,000. BlackRock Inc. bought a new position in StandardAero in the second quarter worth approximately $646,128,000. Finally, Oregon Public Employees Retirement Fund bought a new position in StandardAero in the first quarter worth approximately $1,005,000.

About StandardAero

StandardAero is an aviation maintenance, repair and overhaul (MRO) company that provides services for commercial, business and general aviation, military and government, and industrial aviation customers. Its offerings are designed to support the operation, reliability and service life of aircraft and aviation systems.

The company’s capabilities include maintenance, repair and overhaul services for aircraft engines, airframes, avionics and components. StandardAero also provides engine modifications, engine upgrades, engineering and technical services, parts support, and other specialized maintenance solutions for a range of aviation platforms.

StandardAero serves customers internationally through a network of facilities across North America, Europe and the Asia-Pacific region.