Loar (NYSE:LOAR) Posts Earnings Results, Beats Estimates By $0.13 EPS

Loar (NYSE:LOAR) released its earnings results on Wednesday. The company reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.13, Briefing.com reports. Loar had a net margin of 9.82% and a return on equity of 5.50%. The company had revenue of $126.75 million for the quarter, compared to analyst estimates of $126.80 million. During the same period in the prior year, the business earned $0.15 EPS. The firm’s quarterly revenue was up 22.5% on a year-over-year basis. Loar updated its FY 2026 guidance to 0.980-1.03 EPS and its FY 2025 guidance to 0.930-0.980 EPS.

Loar Price Performance

LOAR traded down $2.08 on Wednesday, reaching $71.16. The company had a trading volume of 1,506,438 shares, compared to its average volume of 821,108. The company has a market capitalization of $6.66 billion, a P/E ratio of 154.71 and a beta of 0.19. The company has a current ratio of 6.15, a quick ratio of 4.01 and a debt-to-equity ratio of 0.25. The company has a fifty day moving average of $78.59 and a 200-day moving average of $80.14. Loar has a one year low of $62.10 and a one year high of $99.67.

Analyst Ratings Changes

Several research firms have recently issued reports on LOAR. Wall Street Zen raised Loar from a “hold” rating to a “buy” rating in a research report on Saturday, August 16th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Loar in a report on Wednesday, October 8th. Finally, Zacks Research raised shares of Loar from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Loar currently has a consensus rating of “Buy” and a consensus price target of $97.00.

Institutional Investors Weigh In On Loar

Several hedge funds and other institutional investors have recently bought and sold shares of LOAR. Captrust Financial Advisors raised its holdings in shares of Loar by 1.8% in the 2nd quarter. Captrust Financial Advisors now owns 12,147 shares of the company’s stock worth $1,047,000 after purchasing an additional 214 shares in the last quarter. Rakuten Securities Inc. acquired a new stake in shares of Loar during the 2nd quarter valued at $27,000. Tower Research Capital LLC TRC lifted its position in shares of Loar by 347.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 970 shares of the company’s stock valued at $84,000 after acquiring an additional 753 shares during the last quarter. Royal Bank of Canada boosted its stake in shares of Loar by 7.6% during the 1st quarter. Royal Bank of Canada now owns 15,310 shares of the company’s stock worth $1,082,000 after acquiring an additional 1,081 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Loar during the second quarter worth $99,000.

About Loar

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.