Loar Holdings Inc. (NYSE:LOAR) Receives $90.75 Consensus Target Price from Brokerages

Loar Holdings Inc. (NYSE:LOAR) has received a consensus recommendation of “Buy” from the six ratings firms that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $90.75.

Several analysts have recently issued reports on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Loar in a report on Monday, December 29th. Wall Street Zen downgraded shares of Loar from a “buy” rating to a “hold” rating in a research note on Saturday. The Goldman Sachs Group began coverage on shares of Loar in a report on Tuesday, November 25th. They issued a “buy” rating and a $91.00 target price on the stock. Morgan Stanley cut their price target on shares of Loar from $100.00 to $97.00 and set an “overweight” rating for the company in a report on Thursday, November 13th. Finally, Zacks Research raised shares of Loar from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Capital International Investors lifted its holdings in Loar by 909.3% during the 3rd quarter. Capital International Investors now owns 4,461,517 shares of the company’s stock worth $356,921,000 after buying an additional 4,019,489 shares during the period. Wasatch Advisors LP raised its position in shares of 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 acquiring an additional 1,953,148 shares during the last quarter. Marshall Wace LLP lifted its stake in shares of Loar by 2,104.8% in the second quarter. Marshall Wace LLP now owns 1,386,318 shares of the company’s stock worth $119,459,000 after acquiring an additional 1,323,442 shares during the period. Bamco Inc. NY boosted its holdings in Loar by 165.2% in the third quarter. Bamco Inc. NY now owns 1,809,099 shares of the company’s stock valued at $144,728,000 after acquiring an additional 1,127,033 shares during the last quarter. Finally, Spyglass Capital Management LLC bought a new stake in Loar in the third quarter valued at approximately $67,926,000.

Loar Stock Performance

Shares of NYSE LOAR opened at $70.40 on Thursday. The company has a current ratio of 5.92, a quick ratio of 3.81 and a debt-to-equity ratio of 0.24. Loar has a 12 month low of $62.10 and a 12 month high of $99.67. The stock has a 50 day moving average of $69.98 and a 200-day moving average of $74.48. The company has a market capitalization of $6.59 billion, a P/E ratio of 106.67 and a beta of 0.37.

Loar (NYSE:LOAR) last released its quarterly earnings results on Wednesday, November 12th. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.13. Loar had a net margin of 13.33% and a return on equity of 6.45%. The firm had revenue of $126.75 million for the quarter, compared to analysts’ expectations of $126.80 million. During the same period in the prior year, the firm earned $0.15 EPS. The business’s revenue was up 22.5% on a year-over-year basis. Loar has set its FY 2026 guidance at 0.980-1.03 EPS and its FY 2025 guidance at 0.930-0.980 EPS. As a group, equities research analysts predict that Loar will post 0.28 EPS for the current year.

Loar Company Profile

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.