Short Interest in StandardAero, Inc. (NYSE:SARO) Declines By 23.0%

StandardAero, Inc. (NYSE:SARO) was the recipient of a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 8,972,275 shares, a decline of 23.0% from the February 26th total of 11,658,609 shares. Currently, 2.7% of the company’s stock are short sold. Based on an average daily volume of 4,848,987 shares, the days-to-cover ratio is presently 1.9 days.

Insider Transactions at StandardAero

In other StandardAero news, CEO Russell Wayne Ford sold 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $30.09, for a total transaction of $1,203,600.00. Following the sale, the chief executive officer owned 606,955 shares of the company’s stock, valued at approximately $18,263,275.95. This trade represents a 6.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold 200,000 shares of company stock valued at $6,044,000 over the last three months. Corporate insiders own 1.90% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Comerica Bank purchased a new stake in shares of StandardAero during the first quarter worth approximately $26,000. State of Wyoming purchased a new position in StandardAero in the 3rd quarter valued at $27,000. First Horizon Corp acquired a new position in StandardAero in the 3rd quarter valued at $34,000. Aventura Private Wealth LLC acquired a new position in StandardAero in the 4th quarter valued at $45,000. Finally, Danske Bank A S purchased a new position in StandardAero during the 3rd quarter worth $82,000.

StandardAero Stock Performance

Shares of SARO opened at $25.47 on Friday. 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 firm has a market cap of $8.47 billion, a PE ratio of 30.68 and a beta of 1.02. The company’s 50 day simple moving average is $29.75 and its 200-day simple moving average is $28.42. StandardAero has a 12-month low of $21.31 and a 12-month high of $34.48.

StandardAero (NYSE:SARO) last released its quarterly earnings results on Wednesday, February 25th. The company reported $0.24 EPS for the quarter, meeting the consensus estimate of $0.24. The firm had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.57 billion. StandardAero had a net margin of 4.58% and a return on equity of 10.88%. StandardAero’s revenue for the quarter was up 13.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.04) EPS. StandardAero has set its FY 2026 guidance at 1.350-1.450 EPS. As a group, equities analysts predict that StandardAero will post 0.29 EPS for the current year.

StandardAero announced that its board has approved a stock buyback plan on Wednesday, December 10th that authorizes the company to buyback $450.00 million in shares. This buyback authorization authorizes the company to purchase up to 5% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s leadership believes its shares are undervalued.

Wall Street Analysts Forecast Growth

SARO has been the topic of a number of recent analyst reports. UBS Group increased their target price on shares of StandardAero from $34.00 to $35.00 and gave the company a “neutral” rating in a research report on Thursday, February 26th. Zacks Research raised shares of StandardAero from a “strong sell” rating to a “strong-buy” rating in a research report on Friday, February 27th. Royal Bank Of Canada restated an “outperform” rating and issued a $37.00 price objective on shares of StandardAero in a research note on Thursday, January 29th. Wall Street Zen raised StandardAero from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $39.00 target price on shares of StandardAero in a research report on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $35.00.

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.