Loar (NYSE:LOAR) Given New $85.00 Price Target at Royal Bank Of Canada

Loar (NYSE:LOAR) had its price target boosted by equities researchers at Royal Bank Of Canada from $80.00 to $85.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective points to a potential upside of 19.95% from the stock’s previous close.

LOAR has been the topic of a number of other research reports. Jefferies Financial Group set a $75.00 price objective on Loar in a research note on Sunday, May 10th. Zacks Research cut Loar from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Weiss Ratings upgraded shares of Loar from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, July 10th. Morgan Stanley reissued an “equal weight” rating and set a $82.00 price objective (down from $91.00) on shares of Loar in a report on Wednesday, July 15th. Finally, Citigroup raised their price objective on shares of Loar from $71.00 to $87.00 and gave the company a “buy” rating in a research report on Thursday, June 25th. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $85.40.

Loar Price Performance

Shares of NYSE LOAR traded down $1.68 during mid-day trading on Friday, hitting $70.86. 252,732 shares of the stock were exchanged, compared to its average volume of 891,776. The company has a market cap of $6.63 billion, a P/E ratio of 99.95 and a beta of 0.56. The stock’s fifty day simple moving average is $71.24 and its two-hundred day simple moving average is $66.65. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.89 and a current ratio of 4.56. Loar has a twelve month low of $53.15 and a twelve month high of $83.43.

Loar (NYSE:LOAR) last announced its earnings results on Thursday, August 6th. The company reported $0.38 EPS for the quarter, topping the consensus estimate of $0.31 by $0.07. The business had revenue of $171.58 million for the quarter, compared to the consensus estimate of $162.80 million. Loar had a return on equity of 8.47% and a net margin of 12.64%.Loar’s revenue was up 39.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.23 EPS. Loar has set its FY 2026 guidance at 1.320-1.360 EPS. As a group, analysts forecast that Loar will post 1.16 EPS for the current fiscal year.

Insider Transactions at Loar

In other Loar news, Director Taiwo K. Danmola sold 35,000 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $60.59, for a total transaction of $2,120,650.00. Following the transaction, the director directly owned 54,286 shares in the company, valued at approximately $3,289,188.74. This represents a 39.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 20.10% of the company’s stock.

Institutional Investors Weigh In On Loar

A number of institutional investors and hedge funds have recently modified their holdings of LOAR. Rakuten Securities Inc. acquired a new position in Loar in the second quarter valued at approximately $27,000. Fifth Third Bancorp acquired a new stake in Loar during the 4th quarter worth $28,000. Sunbelt Securities Inc. raised its position in shares of Loar by 238.3% during the 4th quarter. Sunbelt Securities Inc. now owns 592 shares of the company’s stock valued at $40,000 after acquiring an additional 417 shares during the last quarter. Danske Bank A S acquired a new position in shares of Loar in the 4th quarter valued at $62,000. Finally, State of Wyoming acquired a new position in shares of Loar in the 1st quarter valued at $65,000.

Key Headlines Impacting Loar

Here are the key news stories impacting Loar this week:

• Positive Sentiment: Q2 earnings and revenue beat expectations. Loar reported adjusted earnings of $0.38 per share, exceeding the $0.31 consensus estimate, while revenue rose 39.4% year over year to $171.6 million versus expectations of $162.8 million. Adjusted EBITDA increased 47.4% to $69.4 million, and the margin expanded to 40.5%. Loar Holdings Q2 earnings report
• Positive Sentiment: Management raised its full-year 2026 outlook. Loar now expects revenue of $665 million to $675 million and EPS of $1.32 to $1.36, above analyst expectations of approximately $652.5 million in revenue and $1.28 in EPS. The upgrade reflects continued demand across its aerospace and defense markets and strong execution on its new-business pipeline. Loar Q2 2026 results and outlook
• Neutral Sentiment: Technical traders are watching support. An analysis identified a new potential buy point after recent market strength, but noted that LOAR has pulled back and is seeking support at a key technical level. This could limit near-term momentum until the stock demonstrates renewed buying interest. Loar technical analysis
• Negative Sentiment: Zacks Research downgraded Loar from “Strong Buy” to “Hold.” The rating change may be pressuring the stock despite the earnings beat, particularly because LOAR trades at a high earnings multiple and investors may already have priced in substantial growth.

About Loar

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.