StandardAero, Inc. (NYSE:SARO) Receives Average Recommendation of “Moderate Buy” from Brokerages

StandardAero, Inc. (NYSE:SAROGet Free Report) has earned an average rating of “Moderate Buy” from the thirteen ratings firms that are covering the stock, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold recommendation, six have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $34.6364.

Several analysts have commented on the stock. UBS Group upgraded shares of StandardAero from a “neutral” rating to a “buy” rating and lowered their price objective for the stock from $35.00 to $34.00 in a report on Monday, May 11th. Wall Street Zen lowered shares of StandardAero from a “buy” rating to a “hold” rating in a report on Sunday. Canadian Imperial Bank of Commerce restated an “outperform” rating and issued a $39.00 price objective on shares of StandardAero in a report on Friday, May 8th. Susquehanna lowered their price objective on shares of StandardAero from $40.00 to $37.00 and set a “positive” rating for the company in a report on Monday, May 11th. Finally, Wells Fargo & Company initiated coverage on shares of StandardAero in a report on Wednesday, April 1st. They issued an “overweight” rating and a $32.00 price objective for the company.

Check Out Our Latest Report on SARO

Insider Activity at StandardAero

In other news, insider Anthony Brancato sold 1,107 shares of StandardAero stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $27.36, for a total transaction of $30,287.52. Following the transaction, the insider owned 2,991 shares in the company, valued at $81,833.76. This trade represents a 27.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Lewis Prebble sold 1,141 shares of StandardAero stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $27.36, for a total transaction of $31,217.76. Following the transaction, the insider owned 3,006 shares in the company, valued at approximately $82,244.16. This trade represents a 27.51% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 59,337 shares of company stock valued at $1,732,660 over the last ninety days. Corporate insiders own 1.90% of the company’s stock.

Institutional Trading of StandardAero

Institutional investors and hedge funds have recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC increased its holdings in shares of StandardAero by 42.8% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 15,081,516 shares of the company’s stock worth $395,890,000 after buying an additional 4,523,693 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of 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 worth $401,525,000 after buying an additional 3,540,167 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its holdings in shares of StandardAero by 11.1% in 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 last quarter. Janus Henderson Group PLC increased its holdings in shares of StandardAero by 11.0% in 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 last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of StandardAero by 0.9% in the 3rd 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 during the last quarter.

StandardAero Stock Performance

StandardAero stock opened at $25.24 on Friday. The company has a current ratio of 2.12, a quick ratio of 1.57 and a debt-to-equity ratio of 0.81. The firm has a 50-day moving average of $26.31 and a 200-day moving average of $28.10. The firm has a market cap of $8.39 billion, a P/E ratio of 28.69 and a beta of 0.81. StandardAero has a 1-year low of $23.83 and a 1-year high of $34.48.

StandardAero (NYSE:SAROGet Free Report) last posted its earnings results on Thursday, May 7th. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. StandardAero had a net margin of 4.71% and a return on equity of 12.36%. The company had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same period in the prior year, the business posted $0.19 earnings per share. StandardAero’s revenue for the quarter was up 13.3% on a year-over-year basis. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. Sell-side analysts expect that StandardAero will post 1.42 EPS for the current year.

About StandardAero

(Get Free Report)

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.

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Analyst Recommendations for StandardAero (NYSE:SARO)

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