Shares of Loar Holdings Inc. (NYSE:LOAR – Get Free Report) have received an average rating of “Buy” from the six ratings firms that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $90.75.
LOAR has been the topic of a number of recent research reports. Wall Street Zen raised Loar from a “hold” rating to a “buy” rating in a research note on Saturday, August 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of Loar in a report on Monday, December 8th. The Goldman Sachs Group started coverage on shares of Loar in a report on Tuesday, November 25th. They issued a “buy” rating and a $91.00 price objective for the company. Morgan Stanley cut their price objective on shares of Loar from $100.00 to $97.00 and set an “overweight” rating for the company in a research report on Thursday, November 13th. Finally, Citigroup initiated coverage on shares of Loar in a report on Thursday. They issued a “buy” rating and a $83.00 target price on the stock.
Read Our Latest Research Report on LOAR
Institutional Inflows and Outflows
Loar Stock Down 2.0%
LOAR stock opened at $69.92 on Friday. 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 firm has a 50-day moving average of $73.52 and a two-hundred day moving average of $76.44. Loar has a 12 month low of $62.10 and a 12 month high of $99.67. The company has a market cap of $6.55 billion, a price-to-earnings ratio of 105.93 and a beta of 0.35.
Loar (NYSE:LOAR – Get Free Report) last issued its earnings results on Wednesday, November 12th. The company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.13. The business had revenue of $126.75 million for the quarter, compared to analysts’ expectations of $126.80 million. Loar had a return on equity of 6.45% and a net margin of 13.33%.The business’s revenue for the quarter was up 22.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.15 EPS. Loar has set its FY 2026 guidance at 0.980-1.03 EPS and its FY 2025 guidance at 0.930-0.980 EPS. As a group, analysts forecast that Loar will post 0.28 earnings per share for the current fiscal year.
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.
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