StandardAero (NYSE:SARO) Downgraded by Wall Street Zen to Hold

Wall Street Zen downgraded shares of StandardAero (NYSE:SARO) from a buy rating to a hold rating in a research report report published on Sunday,Wall Street Zen reports.

Several other equities analysts also recently issued reports on the company. Bank of America reduced their price objective on StandardAero from $35.00 to $27.00 and set a “neutral” rating for the company in a research report on Thursday, September 17th. Canadian Imperial Bank of Commerce dropped their price target on shares of StandardAero from $38.00 to $35.00 and set an “outperformer” rating for the company in a research report on Monday, October 26th. Royal Bank Of Canada cut their target price on shares of StandardAero from $34.00 to $32.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 28th. Jefferies Financial Group set a $25.00 price target on shares of StandardAero in a research note on Thursday, September 24th. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of StandardAero in a research note on Monday, August 24th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $33.45.

StandardAero Stock Performance

NYSE SARO opened at $23.38 on Friday. StandardAero has a 12 month low of $19.56 and a 12 month high of $34.48. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.13 and a quick ratio of 1.59. The company has a market capitalization of $7.74 billion, a price-to-earnings ratio of 24.10 and a beta of 0.82. The firm’s fifty day moving average price is $22.62 and its 200 day moving average price is $26.70.

StandardAero (NYSE:SARO) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.08. StandardAero had a return on equity of 14.52% and a net margin of 5.12%. The business had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.59 billion. During the same quarter in the prior year, the firm posted $0.20 EPS. The company’s revenue was up 4.6% compared to the same quarter last year. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. On average, sell-side analysts expect that StandardAero will post 1.50 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Russell Ford sold 20,413 shares of the stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $30.56, for a total value of $623,821.28. Following the completion of the transaction, the chief executive officer directly owned 295,573 shares in the company, valued at $9,032,710.88. This trade represents a 6.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold a total of 101,234 shares of company stock valued at $3,108,018 over the last ninety days. Company insiders own 2.10% of the company’s stock.

Hedge Funds Weigh In On StandardAero

Institutional investors have recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB grew its holdings in StandardAero by 72.7% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 1,290 shares of the company’s stock worth $28,000 after acquiring an additional 543 shares in the last quarter. CX Institutional acquired a new stake in shares of StandardAero in the third quarter worth approximately $36,000. Signaturefd LLC raised its stake in StandardAero by 37.4% during the third quarter. Signaturefd LLC now owns 2,302 shares of the company’s stock worth $49,000 after purchasing an additional 627 shares during the period. Optiver Holding B.V. purchased a new stake in StandardAero in the first quarter valued at approximately $51,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new stake in StandardAero in the second quarter valued at approximately $55,000.

StandardAero Company Profile

StandardAero is an aerospace maintenance, repair and overhaul (MRO) company that provides services for commercial and business aviation, military and government operators, and helicopter customers. The company supports aircraft throughout their operating life, helping customers maintain, repair, upgrade and return aircraft and components to service.

Its services include engine maintenance, repair and overhaul; airframe maintenance; avionics and electrical work; component and accessory repair; engineering; and aircraft modifications.