StandardAero, Inc. (NYSE:SARO) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of StandardAero, Inc. (NYSE:SARO) have been assigned an average rating of “Moderate Buy” from the nine ratings firms that are presently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $34.6667.

Several research firms recently commented on SARO. CIBC cut their target price on StandardAero from $35.00 to $34.00 and set an “outperformer” rating for the company in a research report on Tuesday, July 8th. UBS Group raised their target price on StandardAero from $25.00 to $30.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 13th. Finally, Wall Street Zen downgraded StandardAero from a “buy” rating to a “hold” rating in a research report on Saturday, June 14th.

Hedge Funds Weigh In On StandardAero

Several hedge funds and other institutional investors have recently modified their holdings of SARO. Carlyle Group Inc. lifted its position in shares of StandardAero by 1,912.5% during the 1st quarter. Carlyle Group Inc. now owns 134,352,830 shares of the company’s stock worth $3,579,159,000 after buying an additional 127,676,968 shares during the period. Allspring Global Investments Holdings LLC raised its position in StandardAero by 311.6% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 8,548,613 shares of the company’s stock valued at $261,759,000 after purchasing an additional 6,471,813 shares during the last quarter. Norges Bank bought a new position in StandardAero in the 2nd quarter valued at $203,038,000. Janus Henderson Group PLC bought a new position in StandardAero in the 4th quarter valued at $145,849,000. Finally, Brown Advisory Inc. bought a new position in StandardAero in the 4th quarter valued at $92,481,000.

StandardAero Price Performance

Shares of NYSE:SARO opened at $26.47 on Tuesday. StandardAero has a 1-year low of $21.31 and a 1-year high of $34.38. The firm has a market capitalization of $8.85 billion and a PE ratio of 64.56. The business’s 50 day moving average is $28.81 and its 200-day moving average is $28.07. The company has a current ratio of 2.15, a quick ratio of 1.49 and a debt-to-equity ratio of 0.91.

StandardAero (NYSE:SARO) last announced its quarterly earnings data on Wednesday, August 13th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.01). StandardAero had a return on equity of 8.87% and a net margin of 2.37%.The firm had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same period in the previous year, the business posted $0.02 EPS. StandardAero’s revenue for the quarter was up 13.5% compared to the same quarter last year. StandardAero has set its FY 2025 guidance at EPS. Sell-side analysts predict that StandardAero will post 0.29 earnings per share for the current year.

StandardAero Company Profile

StandardAero, Inc provides aerospace engine aftermarket services for fixed and rotary wing aircraft in the United States, Canada, the United Kingdom, Rest of Europe, Asia, and internationally. It operates in two segments, Engine Services and Component Repair Services. The Engine Services segment provides a suite of aftermarket services, including maintenance, repair and overhaul, on-wing and field service support, asset management, and engineering and related solutions to customers in the commercial aerospace, military and helicopter, and business aviation end markets.