StandardAero (NYSE:SARO) Stock Rating Lowered by Wall Street Zen

StandardAero (NYSE:SARO) was downgraded by equities researchers at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Sunday, Wall Street Zen reports.

A number of other research analysts have also recently weighed in on the stock. JPMorgan Chase & Co. raised their price objective on shares of StandardAero from $38.00 to $40.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. Royal Bank Of Canada reduced their target price on StandardAero from $34.00 to $32.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 28th. Susquehanna reiterated a “negative” rating on shares of StandardAero in a report on Thursday, October 1st. Bank of America lowered their target price on StandardAero from $35.00 to $27.00 and set a “neutral” rating on the stock in a report on Thursday, September 17th. Finally, UBS Group raised their price target on StandardAero from $35.00 to $36.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, StandardAero currently has a consensus rating of “Moderate Buy” and an average price target of $33.45.

StandardAero Price Performance

StandardAero stock opened at $25.11 on Friday. StandardAero has a 52 week low of $19.56 and a 52 week high of $34.48. The company has a quick ratio of 1.59, a current ratio of 2.13 and a debt-to-equity ratio of 0.84. The firm’s 50-day simple moving average is $22.62 and its 200 day simple moving average is $26.67. The firm has a market capitalization of $8.31 billion, a PE ratio of 25.89 and a beta of 0.91.

StandardAero (NYSE:SARO) last posted its earnings results on Thursday, August 6th. The company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.08. The firm had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.59 billion. StandardAero had a net margin of 5.12% and a return on equity of 14.52%. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same period last year, the firm posted $0.20 EPS. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. On average, equities research analysts predict that StandardAero will post 1.50 EPS for the current fiscal year.

Insider Activity

In other news, CEO Russell Ford sold 20,413 shares of StandardAero stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $30.56, for a total transaction of $623,821.28. Following the completion of the sale, the chief executive officer directly owned 295,573 shares in the company, valued at $9,032,710.88. The trade was a 6.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Over the last 90 days, insiders have sold 61,234 shares of company stock worth $1,898,418. 2.10% of the stock is owned by company insiders.

Institutional Trading of StandardAero

Several hedge funds and other institutional investors have recently bought and sold shares of the company. CenterBook Partners LP lifted its holdings in shares of StandardAero by 224.5% during the 3rd quarter. CenterBook Partners LP now owns 50,576 shares of the company’s stock worth $1,080,000 after acquiring an additional 34,989 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of StandardAero by 3.4% in the third quarter. Commonwealth Equity Services LLC now owns 22,734 shares of the company’s stock worth $485,000 after acquiring an additional 748 shares during the last quarter. Oregon Public Employees Retirement Fund grew its holdings in StandardAero by 16.8% in the third quarter. Oregon Public Employees Retirement Fund now owns 45,800 shares of the company’s stock valued at $978,000 after purchasing an additional 6,600 shares during the period. ARGA Investment Management LP purchased a new stake in StandardAero in the third quarter valued at approximately $1,000,000. Finally, Schwartz Investment Counsel Inc. grew its holdings in StandardAero by 26.7% in the third quarter. Schwartz Investment Counsel Inc. now owns 494,505 shares of the company’s stock valued at $10,558,000 after purchasing an additional 104,115 shares during the period.

About StandardAero

StandardAero is an aerospace maintenance, repair and overhaul (MRO) company that provides services for commercial and business aviation, military and government operators, and helicopter customers. The company supports aircraft throughout their operating life, helping customers maintain, repair, upgrade and return aircraft and components to service.

Its services include engine maintenance, repair and overhaul; airframe maintenance; avionics and electrical work; component and accessory repair; engineering; and aircraft modifications.