Loar (NYSE:LOAR) Updates FY 2026 Earnings Guidance

Loar (NYSE:LOARGet Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.980-1.03 for the period, compared to the consensus estimate of 0.940. The company issued revenue guidance of $540.0 million-$550.0 million, compared to the consensus revenue estimate of $553.5 million. Loar also updated its FY 2025 guidance to 0.930-0.980 EPS.

Loar Trading Up 5.2%

LOAR opened at $77.04 on Wednesday. Loar has a 1-year low of $62.10 and a 1-year high of $99.67. The company has a market cap of $7.21 billion, a P/E ratio of 166.32 and a beta of 0.19. The company has a current ratio of 6.15, a quick ratio of 4.01 and a debt-to-equity ratio of 0.25. The company’s 50 day moving average is $78.59 and its 200-day moving average is $80.14.

Loar (NYSE:LOARGet Free Report) last released its quarterly earnings results on Wednesday, November 12th. The company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.13. The firm had revenue of $126.75 million during the quarter, compared to analyst estimates of $126.80 million. Loar had a net margin of 9.82% and a return on equity of 5.50%. The company’s revenue was up 22.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.15 EPS. Loar has set its FY 2026 guidance at 0.980-1.03 EPS. FY 2025 guidance at 0.930-0.980 EPS. Equities research analysts predict that Loar will post 0.28 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of Loar in a report on Wednesday, October 8th. Wall Street Zen upgraded Loar from a “hold” rating to a “buy” rating in a report on Saturday, August 16th. Finally, Zacks Research upgraded shares of Loar from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $97.00.

Read Our Latest Research Report on Loar

Institutional Investors Weigh In On Loar

Large investors have recently bought and sold shares of the business. Wasatch Advisors LP raised its position in Loar by 290.9% during the 2nd quarter. Wasatch Advisors LP now owns 2,624,649 shares of the company’s stock valued at $226,166,000 after purchasing an additional 1,953,148 shares in the last quarter. Alliancebernstein L.P. lifted its stake in shares of Loar by 98.0% during the 2nd quarter. Alliancebernstein L.P. now owns 1,520,064 shares of the company’s stock worth $130,984,000 after purchasing an additional 752,201 shares during the last quarter. Balyasny Asset Management L.P. purchased a new position in shares of Loar in the 2nd quarter worth approximately $57,607,000. State Street Corp boosted its stake in Loar by 66.3% in the second quarter. State Street Corp now owns 1,660,474 shares of the company’s stock valued at $143,083,000 after acquiring an additional 662,224 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in Loar by 553.4% in the second quarter. Bank of America Corp DE now owns 455,662 shares of the company’s stock worth $39,264,000 after purchasing an additional 385,926 shares during the last quarter.

About Loar

(Get Free Report)

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.

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