Shares of StandardAero, Inc. (NYSE:SARO – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the fourteen analysts that are currently covering the company, MarketBeat.com reports. Six analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $34.00.
Several equities research analysts have recently issued reports on SARO shares. UBS Group upgraded shares of StandardAero from a “neutral” rating to a “buy” rating and reduced their price objective for the company from $35.00 to $34.00 in a research report on Monday, May 11th. Morgan Stanley set a $31.00 target price on shares of StandardAero in a research note on Wednesday, July 15th. Wall Street Zen downgraded shares of StandardAero from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Weiss Ratings upgraded shares of StandardAero from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, June 29th. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating and set a $39.00 price objective on shares of StandardAero in a report on Friday, May 8th.
Read Our Latest Analysis on StandardAero
StandardAero Price Performance
StandardAero (NYSE:SARO – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. The firm had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.49 billion. StandardAero had a return on equity of 12.36% and a net margin of 4.71%.The business’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.19 earnings per share. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. As a group, analysts forecast that StandardAero will post 1.42 EPS for the current fiscal year.
Insider Activity at StandardAero
In other news, CEO Russell Wayne Ford sold 40,000 shares of the firm’s 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 completion of the sale, the chief executive officer directly owned 486,955 shares of the company’s stock, valued at $14,822,910.20. This trade represents a 7.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 2.10% of the company’s stock.
Institutional Trading of StandardAero
Several institutional investors have recently added to or reduced their stakes in the company. Comerica Bank bought a new position in StandardAero in the first quarter worth approximately $26,000. Optiver Holding B.V. bought a new stake in StandardAero during the 1st quarter valued at $51,000. Danske Bank A S purchased a new stake in shares of StandardAero in the 3rd quarter worth $82,000. GAMMA Investing LLC lifted its holdings in shares of StandardAero by 54.6% in the 2nd quarter. GAMMA Investing LLC now owns 3,002 shares of the company’s stock worth $90,000 after buying an additional 1,060 shares during the period. Finally, Parallel Advisors LLC grew its position in shares of StandardAero by 210.3% during the 4th quarter. Parallel Advisors LLC now owns 3,050 shares of the company’s stock worth $87,000 after buying an additional 2,067 shares in the last quarter.
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.
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