Analysts Set Loar Holdings Inc. (NYSE:LOAR) Price Target at $84.40

Loar Holdings Inc. (NYSE:LOAR) has been assigned a consensus rating of “Moderate Buy” from the six analysts that are covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among brokers that have covered the stock in the last year is $84.40.

A number of brokerages recently issued reports on LOAR. Royal Bank Of Canada decreased their price objective on shares of Loar from $90.00 to $80.00 and set an “outperform” rating for the company in a report on Friday, May 8th. Jefferies Financial Group set a $75.00 price objective on Loar in a research note on Sunday, May 10th. Weiss Ratings raised Loar from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, July 10th. Morgan Stanley reaffirmed an “equal weight” rating and set a $82.00 target price (down from $91.00) on shares of Loar in a research report on Wednesday, July 15th. Finally, Zacks Research upgraded Loar from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 7th.

Loar Stock Performance

LOAR stock opened at $70.39 on Monday. The firm has a 50 day simple moving average of $69.06 and a 200 day simple moving average of $66.71. Loar has a 52 week low of $53.15 and a 52 week high of $83.43. The stock has a market cap of $6.59 billion, a P/E ratio of 99.14 and a beta of 0.47. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.89 and a current ratio of 4.56.

Loar (NYSE:LOAR) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.19. The firm had revenue of $156.09 million for the quarter, compared to analyst estimates of $149.71 million. Loar had a net margin of 12.64% and a return on equity of 8.47%. The company’s revenue for the quarter was up 36.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.16 EPS. Loar has set its FY 2026 guidance at 1.260-1.300 EPS. Research analysts anticipate that Loar will post 1.16 earnings per share for the current fiscal year.

Insider Transactions at Loar

In related news, Director Taiwo K. Danmola sold 35,000 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $60.59, for a total value of $2,120,650.00. Following the transaction, the director directly owned 54,286 shares in the company, valued at approximately $3,289,188.74. This trade represents a 39.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 20.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in LOAR. Rakuten Securities Inc. bought a new stake in shares of Loar in the second quarter valued at approximately $27,000. Fifth Third Bancorp acquired a new position in Loar during the 4th quarter valued at $28,000. Sunbelt Securities Inc. raised its stake in Loar by 238.3% during the 4th quarter. Sunbelt Securities Inc. now owns 592 shares of the company’s stock valued at $40,000 after purchasing an additional 417 shares during the last quarter. Danske Bank A S bought a new stake in Loar in the 4th quarter valued at $62,000. Finally, Tower Research Capital LLC TRC boosted its holdings in Loar by 347.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 970 shares of the company’s stock valued at $84,000 after purchasing an additional 753 shares during the period.

Loar Company Profile

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.