StandardAero, Inc. (NYSE:SARO) Stock Has Average Price Target of $34.08

Shares of StandardAero, Inc. (NYSE:SARO) have been assigned a consensus recommendation of “Moderate Buy” from the fifteen brokerages that are currently covering the stock, Marketbeat reports. Six analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $34.08.

SARO has been the subject of a number of research reports. Weiss Ratings downgraded StandardAero from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, September 11th. JPMorgan Chase & Co. raised their price objective on StandardAero from $38.00 to $40.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of StandardAero in a research note on Monday, August 24th. Jefferies Financial Group set a $25.00 target price on StandardAero in a report on Thursday, September 24th. Finally, UBS Group increased their target price on shares of StandardAero from $35.00 to $36.00 and gave the stock a “buy” rating in a research report on Friday, August 7th.

StandardAero Stock Down 0.6%

Shares of SARO opened at $20.20 on Wednesday. The firm has a market cap of $6.68 billion, a PE ratio of 20.82 and a beta of 0.91. The company’s fifty day moving average is $24.56 and its two-hundred day moving average is $26.08. StandardAero has a fifty-two week low of $19.85 and a fifty-two week high of $34.48. The company has a quick ratio of 1.59, a current ratio of 2.13 and a debt-to-equity ratio of 0.84.

StandardAero (NYSE:SARO) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.08. The company had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.59 billion. StandardAero had a net margin of 5.12% and a return on equity of 14.52%. The business’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.20 EPS. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. Analysts forecast that StandardAero will post 1.50 earnings per share for the current year.

Insiders Place Their Bets

In other StandardAero news, CEO Russell Ford sold 40,000 shares of the business’s stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $31.42, for a total transaction of $1,256,800.00. Following the completion of the sale, the chief executive officer directly owned 315,986 shares in the company, valued at $9,928,280.12. The trade was a 11.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold 111,423 shares of company stock worth $3,420,960 over the last 90 days. Insiders own 2.10% of the company’s stock.

Hedge Funds Weigh In On StandardAero

Hedge funds have recently made changes to their positions in the business. Cooper Financial Group acquired a new position in shares of StandardAero during the 3rd quarter valued at $623,000. MassMutual Private Wealth & Trust FSB increased its holdings in StandardAero by 72.7% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 1,290 shares of the company’s stock valued at $28,000 after purchasing an additional 543 shares in the last quarter. CX Institutional acquired a new stake in StandardAero in the 3rd quarter valued at $36,000. Scholtz & Company LLC acquired a new stake in StandardAero in the 2nd quarter valued at $3,960,000. Finally, WINTON GROUP Ltd raised its position in StandardAero by 19.0% in the second quarter. WINTON GROUP Ltd now owns 113,814 shares of the company’s stock valued at $3,404,000 after purchasing an additional 18,206 shares during the period.

About StandardAero

StandardAero is an aerospace maintenance, repair and overhaul (MRO) company serving commercial aviation, business aviation, general aviation, military and government customers. The company provides services designed to maintain, repair, overhaul and extend the operating life of aircraft and their components.

Its offerings include engine maintenance and overhaul, airframe services, avionics and electrical work, landing-gear and component support, engineering, and parts and logistics services.