Wall Street Zen Upgrades StandardAero (NYSE:SARO) to Buy

StandardAero (NYSE:SARO) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

Other equities analysts have also recently issued research reports about the company. Zacks Research cut StandardAero from a “hold” rating to a “strong sell” rating in a report on Friday, January 23rd. Royal Bank Of Canada reiterated an “outperform” rating and set a $37.00 price target on shares of StandardAero in a research note on Thursday, January 29th. Susquehanna set a $38.00 price target on shares of StandardAero in a report on Thursday, January 15th. Weiss Ratings restated a “hold (c)” rating on shares of StandardAero in a research note on Monday, December 22nd. Finally, Bank of America decreased their target price on shares of StandardAero from $33.00 to $30.00 and set a “neutral” rating on the stock in a research report on Friday, November 14th. Four research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $34.67.

StandardAero Price Performance

Shares of StandardAero stock opened at $30.75 on Friday. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.18 and a quick ratio of 1.48. The company has a market cap of $10.28 billion, a PE ratio of 37.04 and a beta of 1.04. The firm has a fifty day moving average price of $30.87 and a two-hundred day moving average price of $28.34. StandardAero has a fifty-two week low of $21.31 and a fifty-two week high of $34.48.

StandardAero (NYSE:SARO) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $0.24 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.24. StandardAero had a net margin of 4.58% and a return on equity of 11.04%. The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.57 billion. During the same quarter in the previous year, the firm posted ($0.04) EPS. The business’s revenue was up 13.5% compared to the same quarter last year. StandardAero has set its FY 2026 guidance at 1.350-1.450 EPS. Analysts expect that StandardAero will post 0.29 EPS for the current year.

StandardAero announced that its board has initiated a share buyback plan on Wednesday, December 10th that allows the company to repurchase $450.00 million in outstanding shares. This repurchase authorization allows the company to purchase up to 5% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.

Insider Activity at StandardAero

In related news, CEO Russell Wayne Ford sold 40,000 shares of the stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $30.12, for a total transaction of $1,204,800.00. Following the completion of the transaction, the chief executive officer owned 726,955 shares in the company, valued at approximately $21,895,884.60. This represents a 5.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have sold a total of 160,000 shares of company stock valued at $4,840,400 over the last 90 days. Insiders own 1.90% of the company’s stock.

Hedge Funds Weigh In On StandardAero

A number of institutional investors have recently bought and sold shares of SARO. Parnassus Investments LLC lifted its position in shares of StandardAero by 120.9% in the 3rd quarter. Parnassus Investments LLC now owns 1,139,581 shares of the company’s stock worth $31,099,000 after purchasing an additional 623,652 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in StandardAero during the third quarter worth about $1,479,000. Envestnet Asset Management Inc. purchased a new stake in StandardAero in the second quarter worth about $639,000. Norges Bank bought a new position in shares of StandardAero during the second quarter valued at approximately $203,038,000. Finally, Rhumbline Advisers lifted its holdings in shares of StandardAero by 83.5% during the second quarter. Rhumbline Advisers now owns 134,651 shares of the company’s stock valued at $4,262,000 after purchasing an additional 61,286 shares during the last quarter.

About StandardAero

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.