Loar (NYSE:LOAR) Updates FY 2026 Earnings Guidance

Loar (NYSE:LOAR) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.980-1.03 for the period, compared to the consensus EPS estimate of 0.940. The company issued revenue guidance of $540.0 million-$550.0 million, compared to the consensus revenue estimate of $553.5 million. Loar also updated its FY 2025 guidance to 0.930-0.980 EPS.

Loar Stock Performance

NYSE LOAR opened at $77.98 on Wednesday. The stock has a market capitalization of $7.30 billion, a PE ratio of 172.52 and a beta of 0.19. The company has a debt-to-equity ratio of 0.25, a current ratio of 6.15 and a quick ratio of 4.01. The company’s 50 day simple moving average is $78.59 and its two-hundred day simple moving average is $80.14. Loar has a 1 year low of $62.10 and a 1 year high of $99.67.

Loar (NYSE:LOAR) last issued its quarterly earnings results on Wednesday, November 12th. The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.13. Loar had a return on equity of 5.50% and a net margin of 9.82%.The firm had revenue of $126.75 million during the quarter, compared to the consensus estimate of $126.80 million. During the same quarter last year, the company posted $0.15 EPS. The company’s revenue for the quarter was up 22.5% on a year-over-year basis. Loar has set its FY 2026 guidance at 0.980-1.03 EPS. FY 2025 guidance at 0.930-0.980 EPS. Analysts predict that Loar will post 0.28 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have issued reports on LOAR shares. Wall Street Zen raised Loar from a “hold” rating to a “buy” rating in a research note on Saturday, August 16th. Zacks Research upgraded Loar from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Loar in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $97.00.

Hedge Funds Weigh In On Loar

Several hedge funds have recently made changes to their positions in the business. Wasatch Advisors LP raised its stake in Loar by 290.9% in the second quarter. Wasatch Advisors LP now owns 2,624,649 shares of the company’s stock worth $226,166,000 after buying an additional 1,953,148 shares in the last quarter. Alliancebernstein L.P. lifted its position in Loar by 98.0% in the 2nd quarter. Alliancebernstein L.P. now owns 1,520,064 shares of the company’s stock valued at $130,984,000 after acquiring an additional 752,201 shares in the last quarter. Balyasny Asset Management L.P. purchased a new position in Loar in the 2nd quarter worth about $57,607,000. State Street Corp raised its stake in Loar by 66.3% during the 2nd quarter. State Street Corp now owns 1,660,474 shares of the company’s stock valued at $143,083,000 after buying an additional 662,224 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of Loar by 553.4% in the 2nd quarter. Bank of America Corp DE now owns 455,662 shares of the company’s stock worth $39,264,000 after purchasing an additional 385,926 shares during the period.

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.