StandardAero, Inc. (NYSE:SARO) Receives $35.00 Average PT from Analysts

Shares of StandardAero, Inc. (NYSE:SARO) have been assigned a consensus recommendation of “Moderate Buy” from the nine analysts that are presently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $35.00.

A number of equities research analysts recently weighed in on the company. Royal Bank Of Canada restated an “outperform” rating and issued a $37.00 price target on shares of StandardAero in a research note on Thursday, January 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of StandardAero in a research report on Monday, December 22nd. Sanford C. Bernstein reiterated an “outperform” rating and issued a $39.00 price objective on shares of StandardAero in a report on Tuesday, February 24th. Wall Street Zen raised shares of StandardAero from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Finally, Zacks Research upgraded shares of StandardAero from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, February 27th.

Insiders Place Their Bets

In other StandardAero news, CEO Russell Wayne Ford sold 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $30.09, for a total transaction of $1,203,600.00. Following the completion of the sale, the chief executive officer directly owned 606,955 shares in the company, valued at $18,263,275.95. This trade represents a 6.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Over the last quarter, insiders have sold 200,000 shares of company stock valued at $6,044,000.

Hedge Funds Weigh In On StandardAero

A number of large investors have recently made changes to their positions in the company. Price T Rowe Associates Inc. MD boosted its stake in StandardAero by 33.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 14,000,143 shares of the company’s stock valued at $401,525,000 after purchasing an additional 3,540,167 shares during the period. T. Rowe Price Investment Management Inc. increased its position in StandardAero by 11.1% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 11,984,551 shares of the company’s stock worth $343,717,000 after buying an additional 1,194,488 shares during the period. Janus Henderson Group PLC increased its position in StandardAero by 11.0% during the 4th quarter. Janus Henderson Group PLC now owns 11,224,061 shares of the company’s stock worth $321,906,000 after buying an additional 1,108,066 shares during the period. Vanguard Group Inc. lifted its holdings in shares of StandardAero by 0.9% during the third quarter. Vanguard Group Inc. now owns 11,210,370 shares of the company’s stock worth $305,931,000 after buying an additional 95,801 shares in the last quarter. Finally, Wellington Management Group LLP lifted its holdings in shares of StandardAero by 5.0% during the fourth quarter. Wellington Management Group LLP now owns 10,867,767 shares of the company’s stock worth $311,688,000 after buying an additional 522,203 shares in the last quarter.

StandardAero Trading Up 2.1%

StandardAero stock opened at $26.15 on Friday. StandardAero has a 52 week low of $21.31 and a 52 week high of $34.48. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.57 and a current ratio of 2.20. The stock has a market capitalization of $8.70 billion, a P/E ratio of 31.51 and a beta of 1.02. The stock has a 50-day simple moving average of $30.26 and a 200 day simple moving average of $28.45.

StandardAero (NYSE:SARO) last released its quarterly earnings data on Wednesday, February 25th. The company reported $0.24 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.24. StandardAero had a return on equity of 10.88% and a net margin of 4.58%.The firm had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.57 billion. During the same quarter in the prior year, the company earned ($0.04) earnings per share. The business’s revenue for the quarter 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 earnings per share for the current year.

StandardAero declared that its Board of Directors has approved a share buyback plan on Wednesday, December 10th that authorizes the company to repurchase $450.00 million in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 5% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its shares are undervalued.

StandardAero Company Profile

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.