StandardAero (NYSE:SARO) Earns “Sell (D+)” Rating from Weiss Ratings

StandardAero (NYSE:SARO)‘s stock had its “sell (d+)” rating reiterated by analysts at Weiss Ratings in a note issued to investors on Saturday,Weiss Ratings reports.

Other equities research analysts have also recently issued reports about the stock. Susquehanna began coverage on shares of StandardAero in a report on Wednesday, September 17th. They issued a “positive” rating and a $34.00 price target for the company. Barclays initiated coverage on shares of StandardAero in a report on Friday, September 12th. They set an “equal weight” rating and a $32.00 price objective for the company. Zacks Research cut shares of StandardAero from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 14th. CIBC cut their price target on StandardAero from $35.00 to $34.00 and set an “outperformer” rating for the company in a research note on Tuesday, July 8th. Finally, Wall Street Zen downgraded StandardAero from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $34.42.

StandardAero Stock Performance

NYSE:SARO opened at $28.92 on Friday. The company has a market capitalization of $9.67 billion and a PE ratio of 70.53. The company has a 50 day simple moving average of $27.17 and a two-hundred day simple moving average of $28.14. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.49 and a current ratio of 2.15. StandardAero has a fifty-two week low of $21.31 and a fifty-two week high of $31.97.

StandardAero (NYSE:SARO) last posted its quarterly earnings data on Wednesday, August 13th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.01). StandardAero had a return on equity of 8.87% and a net margin of 2.37%.The firm had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same quarter last year, the company earned $0.02 earnings per share. The company’s quarterly revenue was up 13.5% compared to the same quarter last year. StandardAero has set its FY 2025 guidance at EPS. Research analysts anticipate that StandardAero will post 0.29 earnings per share for the current year.

Insider Buying and Selling at StandardAero

In other news, insider Alex Trapp sold 73,718 shares of the business’s stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $28.06, for a total value of $2,068,527.08. Following the transaction, the insider owned 16,908 shares in the company, valued at $474,438.48. The trade was a 81.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last quarter, insiders sold 90,626 shares of company stock valued at $2,554,051.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of SARO. GAMMA Investing LLC boosted its position in StandardAero by 272.3% in the first quarter. GAMMA Investing LLC now owns 1,128 shares of the company’s stock worth $30,000 after purchasing an additional 825 shares during the last quarter. Allspring Global Investments Holdings LLC purchased a new position in shares of StandardAero in the 1st quarter worth about $55,679,000. Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of StandardAero by 83.8% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 16,626 shares of the company’s stock worth $443,000 after buying an additional 7,578 shares during the last quarter. KBC Group NV purchased a new position in shares of StandardAero in the 1st quarter worth about $52,000. Finally, Teacher Retirement System of Texas boosted its holdings in shares of StandardAero by 102.0% in the 1st quarter. Teacher Retirement System of Texas now owns 1,525,004 shares of the company’s stock worth $40,626,000 after buying an additional 770,124 shares during the last quarter.

About StandardAero

StandardAero, Inc provides aerospace engine aftermarket services for fixed and rotary wing aircraft in the United States, Canada, the United Kingdom, Rest of Europe, Asia, and internationally. It operates in two segments, Engine Services and Component Repair Services. The Engine Services segment provides a suite of aftermarket services, including maintenance, repair and overhaul, on-wing and field service support, asset management, and engineering and related solutions to customers in the commercial aerospace, military and helicopter, and business aviation end markets.