StandardAero (NYSE:SARO) Upgraded by Wall Street Zen to Buy Rating

by · The Cerbat Gem

Wall Street Zen upgraded shares of StandardAero (NYSE:SARO – Free Report) from a hold rating to a buy rating in a research report released on Saturday,Wall Street Zen reports.

Other equities research analysts have also recently issued research reports about the stock. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of StandardAero in a research note on Monday, August 24th. Jefferies Financial Group cut shares of StandardAero from a “buy” rating to a “hold” rating and reduced their target price for the company from $34.00 to $30.00 in a research report on Tuesday, June 2nd. UBS Group raised their price target on shares of StandardAero from $35.00 to $36.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. JPMorgan Chase & Co. boosted their price target on shares of StandardAero from $38.00 to $40.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. Finally, Weiss Ratings raised shares of StandardAero from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, June 29th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, StandardAero currently has an average rating of “Moderate Buy” and an average price target of $35.00.

Check Out Our Latest Report on StandardAero

StandardAero Price Performance

Shares of StandardAero stock opened at $23.98 on Friday. The business has a 50 day simple moving average of $27.11 and a two-hundred day simple moving average of $27.04. StandardAero has a 12 month low of $23.51 and a 12 month high of $34.48. The stock has a market capitalization of $7.93 billion, a P/E ratio of 24.72 and a beta of 0.85. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.13 and a quick ratio of 1.59.

StandardAero (NYSE:SARO – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.08. StandardAero had a return on equity of 14.52% and a net margin of 5.12%.The firm had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.59 billion. During the same period in the previous year, the company posted $0.20 earnings per share. The business’s revenue was up 4.6% on a year-over-year basis. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. As a group, analysts predict that StandardAero will post 1.51 EPS for the current fiscal year.

Insider Transactions at StandardAero

In other StandardAero news, CEO Russell Ford sold 20,413 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $30.56, for a total value of $623,821.28. Following the completion of the sale, the chief executive officer directly owned 295,573 shares of the company’s stock, valued at $9,032,710.88. This trade represents a 6.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last three months, insiders sold 191,423 shares of company stock valued at $5,847,760. 2.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On StandardAero

A number of hedge funds have recently modified their holdings of SARO. Comerica Bank purchased a new position in StandardAero during the first quarter worth about $26,000. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of StandardAero in the 2nd quarter valued at approximately $55,000. Optiver Holding B.V. purchased a new stake in shares of StandardAero in the 1st quarter valued at approximately $51,000. Nykredit A S acquired a new stake in shares of StandardAero during the 2nd quarter worth approximately $65,000. Finally, Danske Bank A S acquired a new stake in shares of StandardAero during the 3rd quarter worth approximately $82,000.

About StandardAero

(Get Free Report)

StandardAero is an aviation maintenance, repair and overhaul (MRO) company that provides services for commercial, business and general aviation, military and government, and industrial aviation customers. Its offerings are designed to support the operation, reliability and service life of aircraft and aviation systems.

The company’s capabilities include maintenance, repair and overhaul services for aircraft engines, airframes, avionics and components. StandardAero also provides engine modifications, engine upgrades, engineering and technical services, parts support, and other specialized maintenance solutions for a range of aviation platforms.

StandardAero serves customers internationally through a network of facilities across North America, Europe and the Asia-Pacific region.

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