StandardAero (NYSE:SARO) Price Target Raised to $35.00

StandardAero (NYSE:SARO) had its price target lifted by equities research analysts at UBS Group from $34.00 to $35.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s price objective indicates a potential upside of 8.14% from the stock’s current price.

SARO has been the subject of several other reports. Sanford C. Bernstein restated an “outperform” rating and set a $39.00 target price on shares of StandardAero in a report on Tuesday. Royal Bank Of Canada reissued an “outperform” rating and set a $37.00 price target on shares of StandardAero in a research report on Thursday, January 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of StandardAero in a report on Monday, December 22nd. Susquehanna set a $38.00 target price on shares of StandardAero in a research report on Thursday, January 15th. Finally, Zacks Research downgraded StandardAero from a “hold” rating to a “strong sell” rating in a report on Friday, January 23rd. Four investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $34.67.

StandardAero Stock Performance

StandardAero stock traded up $1.54 during midday trading on Thursday, hitting $32.37. 4,014,053 shares of the company’s stock were exchanged, compared to its average volume of 4,361,953. StandardAero has a 12-month low of $21.31 and a 12-month high of $34.48. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.48 and a current ratio of 2.18. The stock has a market cap of $10.83 billion, a price-to-earnings ratio of 59.00 and a beta of 1.04. The firm’s 50 day simple moving average is $30.75 and its 200 day simple moving average is $28.30.

StandardAero (NYSE:SARO) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $0.24 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.24. StandardAero had a net margin of 3.15% and a return on equity of 9.63%. The business had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.57 billion. During the same period in the previous year, the business posted ($0.04) earnings per share. The business’s revenue was up 13.5% compared to the same quarter last year. StandardAero has set its FY 2026 guidance at 1.350-1.450 EPS. Equities research analysts predict that StandardAero will post 0.29 EPS for the current year.

StandardAero announced that its board has initiated a share buyback plan on Wednesday, December 10th that permits the company to buyback $450.00 million in shares. This buyback authorization permits the company to reacquire up to 5% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling at StandardAero

In other news, CEO Russell Wayne Ford sold 40,000 shares of the business’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $30.12, for a total transaction of $1,204,800.00. Following the completion of the sale, the chief executive officer owned 726,955 shares in the company, valued at approximately $21,895,884.60. The trade was a 5.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Over the last quarter, insiders sold 160,000 shares of company stock valued at $4,840,400. Insiders own 1.90% of the company’s stock.

Institutional Investors Weigh In On StandardAero

Several large investors have recently made changes to their positions in SARO. Cerity Partners LLC raised its stake in StandardAero by 0.6% during the second quarter. Cerity Partners LLC now owns 69,758 shares of the company’s stock valued at $2,208,000 after buying an additional 416 shares in the last quarter. First Horizon Advisors Inc. lifted its stake in StandardAero by 100.4% during the second quarter. First Horizon Advisors Inc. now owns 1,016 shares of the company’s stock worth $32,000 after purchasing an additional 509 shares during the last quarter. KBC Group NV boosted its holdings in StandardAero by 32.2% in the second quarter. KBC Group NV now owns 2,605 shares of the company’s stock worth $82,000 after purchasing an additional 635 shares during the period. PNC Financial Services Group Inc. raised its holdings in shares of StandardAero by 20.5% during the third quarter. PNC Financial Services Group Inc. now owns 4,411 shares of the company’s stock worth $120,000 after purchasing an additional 751 shares during the period. Finally, Comerica Bank bought a new position in shares of StandardAero in the 1st quarter worth about $26,000.

StandardAero Company Profile

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.