Analysts Set Loar Holdings Inc. (NYSE:LOAR) PT at $91.75

Loar Holdings Inc. (NYSE:LOARGet Free Report) has earned a consensus rating of “Buy” from the six ratings firms that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $91.75.

Several equities research analysts have recently commented on the stock. Wall Street Zen downgraded shares of Loar from a “buy” rating to a “hold” rating in a research report on Saturday, January 3rd. Citigroup boosted their price objective on Loar from $83.00 to $87.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Loar in a research note on Monday, December 29th. Zacks Research raised Loar from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 16th. Finally, The Goldman Sachs Group began coverage on Loar in a report on Tuesday, November 25th. They set a “buy” rating and a $91.00 price target for the company.

Check Out Our Latest Analysis on Loar

Loar Price Performance

Shares of NYSE:LOAR opened at $68.91 on Monday. Loar has a twelve month low of $62.10 and a twelve month high of $99.67. The stock’s 50 day moving average is $69.60 and its 200-day moving average is $73.37. The company has a quick ratio of 3.81, a current ratio of 5.92 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $6.45 billion, a price-to-earnings ratio of 104.41 and a beta of 0.37.

Loar (NYSE:LOARGet Free Report) last posted its quarterly earnings results on Wednesday, November 12th. The company reported $0.35 earnings per share (EPS) 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 business had revenue of $126.75 million during the quarter, compared to the consensus estimate of $126.80 million. During the same quarter last year, the firm posted $0.15 EPS. Loar’s revenue was up 22.5% compared to the same quarter last year. Loar has set its FY 2026 guidance at 0.980-1.03 EPS and its FY 2025 guidance at 0.930-0.980 EPS. Sell-side analysts forecast that Loar will post 0.28 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Capital International Investors grew its position in Loar by 909.3% in the 3rd quarter. Capital International Investors now owns 4,461,517 shares of the company’s stock worth $356,921,000 after purchasing an additional 4,019,489 shares in the last quarter. Wasatch Advisors LP boosted its stake in shares of Loar by 290.9% in the 2nd quarter. Wasatch Advisors LP now owns 2,624,649 shares of the company’s stock worth $226,166,000 after buying an additional 1,953,148 shares during the last quarter. Marshall Wace LLP boosted its stake in shares of Loar by 2,104.8% in the 2nd quarter. Marshall Wace LLP now owns 1,386,318 shares of the company’s stock worth $119,459,000 after buying an additional 1,323,442 shares during the last quarter. Bamco Inc. NY grew its holdings in shares of 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 in the last quarter. Finally, Spyglass Capital Management LLC purchased a new stake in shares of Loar during the third quarter valued at approximately $67,926,000.

About Loar

(Get Free Report)

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.

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Analyst Recommendations for Loar (NYSE:LOAR)

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