Loar Holdings Inc. (NYSE:LOAR) Receives $91.75 Average Target Price from Analysts

Shares of Loar Holdings Inc. (NYSE:LOAR) have received an average rating of “Buy” from the six ratings firms that are covering the company, Marketbeat reports. One research analyst has rated the stock with a hold recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $91.75.

A number of equities research analysts have weighed in on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Loar in a report on Monday, December 29th. Wall Street Zen downgraded Loar from a “buy” rating to a “hold” rating in a research report on Saturday, January 3rd. Citigroup upped their price target on Loar from $83.00 to $87.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. The Goldman Sachs Group initiated coverage on Loar in a report on Tuesday, November 25th. They set a “buy” rating and a $91.00 price objective for the company. Finally, Zacks Research upgraded shares of Loar from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th.

Institutional Trading of Loar

Several hedge funds have recently modified their holdings of LOAR. Fox Run Management L.L.C. bought a new stake in Loar during the 2nd quarter worth about $769,000. Federated Hermes Inc. lifted its position in shares of Loar by 45.1% during the second quarter. Federated Hermes Inc. now owns 1,649,069 shares of the company’s stock worth $142,100,000 after purchasing an additional 512,416 shares in the last quarter. Cerity Partners LLC bought a new stake in shares of Loar during the second quarter valued at approximately $20,884,000. Voya Investment Management LLC increased its holdings in shares of Loar by 1,627.2% in the third quarter. Voya Investment Management LLC now owns 297,196 shares of the company’s stock valued at $23,776,000 after purchasing an additional 279,989 shares in the last quarter. Finally, Legal & General Group Plc increased its holdings in shares of Loar by 67.6% in the second quarter. Legal & General Group Plc now owns 46,125 shares of the company’s stock valued at $3,975,000 after purchasing an additional 18,598 shares in the last quarter.

Loar Stock Down 1.5%

LOAR opened at $68.57 on Monday. The company has a market capitalization of $6.42 billion, a P/E ratio of 103.89 and a beta of 0.37. The company has a debt-to-equity ratio of 0.24, a current ratio of 5.92 and a quick ratio of 3.81. The firm’s fifty day moving average price is $69.79 and its two-hundred day moving average price is $73.22. Loar has a fifty-two week low of $62.10 and a fifty-two week high of $99.67.

Loar (NYSE:LOAR) last released its quarterly earnings data on Wednesday, November 12th. The company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.13. The company had revenue of $126.75 million during the quarter, compared to the consensus estimate of $126.80 million. Loar had a net margin of 13.33% and a return on equity of 6.45%. The firm’s revenue for the quarter was up 22.5% compared to the same quarter last year. During the same period last year, the firm earned $0.15 EPS. Loar has set its FY 2026 guidance at 0.980-1.03 EPS and its FY 2025 guidance at 0.930-0.980 EPS. On average, analysts anticipate that Loar will post 0.28 EPS for the current year.

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.