StandardAero (NYSE:SARO) Stock Rating Raised to Buy at Wall Street Zen

Wall Street Zen upgraded shares of StandardAero (NYSE:SARO) from a hold rating to a buy rating in a report published on Saturday morning,Wall Street Zen reports.

SARO has been the topic of several other reports. Sanford C. Bernstein restated an “outperform” rating on shares of StandardAero in a report on Monday, August 24th. JPMorgan Chase & Co. increased their target price on shares of StandardAero from $38.00 to $40.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. Morgan Stanley set a $33.00 price target on shares of StandardAero in a research report on Monday, August 10th. Bank of America dropped their price target on shares of StandardAero from $35.00 to $27.00 and set a “neutral” rating for the company in a research report on Thursday, September 17th. Finally, Jefferies Financial Group set a $25.00 price target on shares of StandardAero in a research note on Thursday, September 24th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $34.00.

StandardAero Stock Up 0.4%

SARO stock opened at $21.81 on Friday. StandardAero has a one year low of $19.56 and a one year high of $34.48. The firm has a market cap of $7.22 billion, a PE ratio of 22.48 and a beta of 0.91. The firm’s 50 day moving average price is $22.95 and its 200-day moving average price is $25.72. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.59 and a current ratio of 2.13.

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

Insider Buying and Selling at StandardAero

In related news, CEO Russell Ford sold 20,413 shares of StandardAero stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $30.56, for a total value of $623,821.28. Following the completion of the transaction, the chief executive officer owned 295,573 shares in the company, valued at $9,032,710.88. The trade was a 6.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold 112,203 shares of company stock worth $3,437,527 in the last 90 days. 2.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On StandardAero

Hedge funds and other institutional investors have recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB increased its holdings in StandardAero by 72.7% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 1,290 shares of the company’s stock valued at $28,000 after buying an additional 543 shares during the last quarter. CX Institutional acquired a new stake in StandardAero in the third quarter valued at $36,000. Signaturefd LLC raised its stake in StandardAero by 37.4% in the third quarter. Signaturefd LLC now owns 2,302 shares of the company’s stock valued at $49,000 after buying an additional 627 shares in the last quarter. Optiver Holding B.V. purchased a new stake in StandardAero during the 1st quarter worth about $51,000. Finally, Northwestern Mutual Wealth Management Co. purchased a new stake in StandardAero during the 2nd quarter worth about $55,000.

StandardAero Company Profile

StandardAero is an aerospace maintenance, repair and overhaul (MRO) company that provides services for commercial and business aviation, military and government operators, and helicopter customers. The company supports aircraft throughout their operating life, helping customers maintain, repair, upgrade and return aircraft and components to service.

Its services include engine maintenance, repair and overhaul; airframe maintenance; avionics and electrical work; component and accessory repair; engineering; and aircraft modifications.