Loar (NYSE:LOAR) Updates FY 2026 Earnings Guidance

Loar (NYSE:LOAR) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.320-1.360 for the period, compared to the consensus estimate of 1.280. The company issued revenue guidance of $665.0 million-$675.0 million, compared to the consensus revenue estimate of $652.5 million.

Analyst Upgrades and Downgrades

Several analysts have commented on LOAR shares. Jefferies Financial Group set a $75.00 price objective on Loar in a report on Sunday, May 10th. Weiss Ratings upgraded Loar from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, July 10th. Citigroup increased their target price on Loar from $71.00 to $87.00 and gave the company a “buy” rating in a research report on Thursday, June 25th. Zacks Research raised shares of Loar from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 7th. Finally, Morgan Stanley reaffirmed 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. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $84.40.

Loar Trading Down 3.2%

Shares of LOAR traded down $2.42 during trading on Thursday, reaching $73.24. 1,001,742 shares of the company traded hands, compared to its average volume of 598,437. The company has a quick ratio of 2.89, a current ratio of 4.56 and a debt-to-equity ratio of 0.80. The stock has a 50-day simple moving average of $71.24 and a 200-day simple moving average of $66.65. Loar has a twelve month low of $53.15 and a twelve month high of $83.43. The stock has a market cap of $6.86 billion, a PE ratio of 103.15 and a beta of 0.56.

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

Insider Activity at Loar

In other Loar news, Director Taiwo K. Danmola sold 35,000 shares of Loar stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $60.59, for a total transaction of $2,120,650.00. Following the transaction, the director owned 54,286 shares of the company’s stock, valued at $3,289,188.74. The trade was a 39.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 20.10% of the company’s stock.

Hedge Funds Weigh In On Loar

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LOAR. Royal Bank of Canada grew its holdings in shares of Loar by 7.6% during the first quarter. Royal Bank of Canada now owns 15,310 shares of the company’s stock worth $1,082,000 after buying an additional 1,081 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Loar by 10.1% during the first quarter. Goldman Sachs Group Inc. now owns 538,592 shares of the company’s stock worth $38,052,000 after acquiring an additional 49,629 shares during the last quarter. Prudential Financial Inc. purchased a new position in Loar in the second quarter valued at approximately $245,000. Russell Investments Group Ltd. purchased a new position in shares of Loar in the 2nd quarter valued at $945,000. Finally, WINTON GROUP Ltd acquired a new stake in Loar in the 2nd quarter valued at $204,000.

Loar Company Profile

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.