Shares of StandardAero, Inc. (NYSE:SARO – Get Free Report) have received a consensus rating of “Moderate Buy” from the nine analysts that are covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $35.00.
SARO has been the topic of a number of recent research reports. Zacks Research raised StandardAero from a “strong sell” rating to a “strong-buy” rating in a report on Friday, February 27th. Sanford C. Bernstein reissued an “outperform” rating and set a $39.00 price objective on shares of StandardAero in a report on Tuesday, February 24th. Wall Street Zen upgraded shares of StandardAero from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Weiss Ratings restated a “hold (c)” rating on shares of StandardAero in a research report on Monday, December 22nd. Finally, UBS Group raised their target price on shares of StandardAero from $34.00 to $35.00 and gave the stock a “neutral” rating in a report on Thursday, February 26th.
Read Our Latest Analysis on SARO
StandardAero Price Performance
StandardAero (NYSE:SARO – Get Free Report) last announced 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. The company had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.57 billion. StandardAero had a net margin of 4.58% and a return on equity of 10.88%. StandardAero’s revenue was up 13.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.04) EPS. StandardAero has set its FY 2026 guidance at 1.350-1.450 EPS. Research analysts predict that StandardAero will post 0.29 earnings per share for the current fiscal year.
StandardAero declared that its Board of Directors has initiated a stock repurchase program on Wednesday, December 10th that permits the company to repurchase $450.00 million in outstanding shares. This repurchase authorization permits the company to buy up to 5% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its shares are undervalued.
Insider Transactions at StandardAero
In related news, CEO Russell Wayne Ford sold 40,000 shares of StandardAero stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $30.09, for a total transaction of $1,203,600.00. Following the transaction, the chief executive officer directly owned 606,955 shares of the company’s stock, valued at $18,263,275.95. This trade represents a 6.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. In the last quarter, insiders have sold 200,000 shares of company stock worth $6,044,000. 1.90% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On StandardAero
A number of hedge funds have recently made changes to their positions in SARO. Comerica Bank purchased a new position in shares of StandardAero in the 1st quarter valued at approximately $26,000. State of Wyoming acquired a new position in StandardAero during the 3rd quarter valued at approximately $27,000. First Horizon Corp acquired a new position in StandardAero during the 3rd quarter valued at approximately $34,000. Aventura Private Wealth LLC purchased a new position in shares of StandardAero in the fourth quarter worth $45,000. Finally, KBC Group NV raised its holdings in shares of 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 buying an additional 635 shares during the last quarter.
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.
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