Loar Holdings Inc. (NYSE:LOAR) Receives Average Recommendation of “Buy” from Brokerages

Shares of Loar Holdings Inc. (NYSE:LOAR) have earned an average rating of “Buy” from the six analysts that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $94.75.

LOAR has been the topic of a number of recent analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Loar in a research note on Monday, December 1st. Morgan Stanley lowered their target price on Loar from $100.00 to $97.00 and set an “overweight” rating on the stock in a report on Thursday, November 13th. Wall Street Zen raised Loar from a “hold” rating to a “buy” rating in a research report on Saturday, August 16th. Zacks Research raised Loar from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 16th. Finally, The Goldman Sachs Group assumed coverage on shares of Loar in a research note on Tuesday, November 25th. They issued a “buy” rating and a $91.00 price objective on the stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in LOAR. Rakuten Securities Inc. bought a new position in Loar during the second quarter worth about $27,000. PNC Financial Services Group Inc. raised its holdings in shares of Loar by 390.1% in the 2nd quarter. PNC Financial Services Group Inc. now owns 348 shares of the company’s stock worth $30,000 after buying an additional 277 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of Loar by 8,383.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 509 shares of the company’s stock worth $41,000 after buying an additional 503 shares during the period. Caitong International Asset Management Co. Ltd lifted its position in shares of Loar by 5,286.7% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 808 shares of the company’s stock worth $57,000 after buying an additional 793 shares during the period. Finally, KBC Group NV acquired a new stake in Loar in the 2nd quarter valued at $82,000.

Loar Price Performance

NYSE LOAR opened at $67.32 on Friday. Loar has a 1 year low of $62.10 and a 1 year high of $99.67. The company has a fifty day simple moving average of $74.62 and a 200 day simple moving average of $77.02. The company has a current ratio of 5.92, a quick ratio of 3.81 and a debt-to-equity ratio of 0.24. The company has a market cap of $6.30 billion, a P/E ratio of 101.99 and a beta of 0.35.

Loar (NYSE:LOAR) last announced its earnings results on Wednesday, November 12th. The company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.22 by $0.13. Loar had a net margin of 13.33% and a return on equity of 6.45%. The firm had revenue of $126.75 million for the quarter, compared to the consensus estimate of $126.80 million. During the same quarter last year, the firm posted $0.15 EPS. The business’s quarterly revenue was up 22.5% on a year-over-year basis. Loar has set its FY 2026 guidance at 0.980-1.03 EPS and its FY 2025 guidance at 0.930-0.980 EPS. On average, sell-side analysts predict that Loar will post 0.28 EPS for the current year.

About Loar

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.