Loar (NYSE:LOAR) Releases FY 2026 Earnings Guidance

Loar (NYSE:LOAR) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.320-1.360 for the period, compared to the consensus estimate of 1.280. The company issued revenue guidance of $665.0 million-$675.0 million, compared to the consensus revenue estimate of $652.5 million.

Analyst Ratings Changes

LOAR has been the topic of a number of analyst reports. Royal Bank Of Canada lowered their target price on Loar from $90.00 to $80.00 and set an “outperform” rating on the stock in a report on Friday, May 8th. Jefferies Financial Group set a $75.00 target price on shares of Loar in a research note on Sunday, May 10th. Citigroup raised their price target on shares of Loar from $71.00 to $87.00 and gave the stock a “buy” rating in a research note on Thursday, June 25th. Weiss Ratings upgraded shares of Loar from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, July 10th. Finally, Morgan Stanley reissued an “equal weight” rating and set a $82.00 price objective (down from $91.00) on shares of Loar in a research note on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Loar presently has an average rating of “Moderate Buy” and a consensus target price of $84.40.

Loar Trading Up 0.9%

Shares of LOAR traded up $0.68 during mid-day trading on Thursday, hitting $76.34. The company had a trading volume of 81,066 shares, compared to its average volume of 889,815. Loar has a 1-year low of $53.15 and a 1-year high of $83.43. The business’s 50-day simple moving average is $71.08 and its 200-day simple moving average is $66.67. The stock has a market cap of $7.15 billion, a PE ratio of 108.75 and a beta of 0.56. The company has a quick ratio of 2.89, a current ratio of 4.56 and a debt-to-equity ratio of 0.80.

Loar (NYSE:LOAR) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.07. The company had revenue of $171.58 million during the quarter, compared to analysts’ expectations of $162.80 million. Loar had a net margin of 12.64% and a return on equity of 8.47%. The business’s quarterly revenue was up 39.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.23 EPS. Loar has set its FY 2026 guidance at 1.320-1.360 EPS. Sell-side analysts forecast that Loar will post 1.16 earnings per share for the current year.

Insider Activity

In related news, Director Taiwo K. Danmola sold 35,000 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $60.59, for a total transaction of $2,120,650.00. Following the completion of the sale, the director owned 54,286 shares of the company’s stock, valued at approximately $3,289,188.74. This represents a 39.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 20.10% of the company’s stock.

Institutional Trading of Loar

A number of institutional investors have recently added to or reduced their stakes in LOAR. Rakuten Securities Inc. purchased a new stake in shares of Loar in the second quarter worth about $27,000. Sunbelt Securities Inc. lifted its position in Loar by 238.3% during the 4th quarter. Sunbelt Securities Inc. now owns 592 shares of the company’s stock worth $40,000 after acquiring an additional 417 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in Loar in the 4th quarter worth approximately $67,000. Quadrant Capital Group LLC purchased a new position in Loar in the 4th quarter worth approximately $73,000. Finally, Tower Research Capital LLC TRC grew its position in Loar by 347.0% in the second quarter. Tower Research Capital LLC TRC now owns 970 shares of the company’s stock valued at $84,000 after acquiring an additional 753 shares in the last quarter.

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.