Loar (NYSE:LOAR) Updates FY 2026 Earnings Guidance

Loar (NYSE:LOAR) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.760-0.800 for the period, compared to the consensus earnings per share estimate of 0.940. The company issued revenue guidance of $640.0 million-$650.0 million, compared to the consensus revenue estimate of $561.3 million.

Analysts Set New Price Targets

Several research firms have commented on LOAR. Morgan Stanley cut their price objective on Loar from $100.00 to $97.00 and set an “overweight” rating for the company in a research note on Thursday, November 13th. Royal Bank Of Canada reduced their price objective on Loar from $92.00 to $90.00 and set an “outperform” rating for the company in a research note on Wednesday, February 18th. The Goldman Sachs Group started coverage on shares of Loar in a research report on Tuesday, November 25th. They issued a “buy” rating and a $91.00 target price for the company. Citigroup cut their price objective on shares of Loar from $87.00 to $81.00 and set a “buy” rating for the company in a report on Thursday, February 5th. Finally, Wall Street Zen raised Loar from a “hold” rating to a “buy” rating in a report on Saturday, February 14th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $89.75.

Loar Stock Up 2.7%

Loar stock opened at $66.95 on Thursday. The firm has a 50 day moving average price of $68.99 and a 200 day moving average price of $72.32. Loar has a fifty-two week low of $62.10 and a fifty-two week high of $99.67. The company has a market capitalization of $6.27 billion, a PE ratio of 103.44 and a beta of 0.37. The company has a debt-to-equity ratio of 0.24, a quick ratio of 3.81 and a current ratio of 5.92.

Loar (NYSE:LOAR) last issued its quarterly earnings results on Thursday, February 26th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.07. Loar had a net margin of 13.33% and a return on equity of 6.45%. The business had revenue of $131.75 million for the quarter, compared to analyst estimates of $128.00 million. During the same period in the previous year, the business posted $0.11 earnings per share. The business’s revenue was up 19.3% compared to the same quarter last year. Loar has set its FY 2026 guidance at 0.760-0.800 EPS. Research analysts expect that Loar will post 0.28 earnings per share for the current year.

Hedge Funds Weigh In On Loar

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Captrust Financial Advisors grew its position in Loar by 1.8% in the 2nd quarter. Captrust Financial Advisors now owns 12,147 shares of the company’s stock worth $1,047,000 after purchasing an additional 214 shares during the last quarter. Xponance LLC boosted its position in Loar by 4.2% during the 4th quarter. Xponance LLC now owns 5,989 shares of the company’s stock worth $407,000 after acquiring an additional 240 shares during the period. Federation des caisses Desjardins du Quebec raised its stake in shares of Loar by 16.8% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 1,727 shares of the company’s stock worth $117,000 after purchasing an additional 248 shares in the last quarter. Rakuten Securities Inc. acquired a new position in shares of Loar during the 2nd quarter worth $27,000. Finally, Natixis Advisors LLC boosted its stake in shares of Loar by 3.4% during the 3rd quarter. Natixis Advisors LLC now owns 11,322 shares of the company’s stock worth $906,000 after acquiring an additional 370 shares in 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.