StandardAero (NYSE:SARO) Hits New 1-Year Low – What’s Next?

Shares of StandardAero, Inc. (NYSE:SAROGet Free Report) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $22.96 and last traded at $23.2950, with a volume of 4776956 shares. The stock had previously closed at $23.60.

Wall Street Analyst Weigh In

Several analysts recently commented on SARO shares. Jefferies Financial Group lowered StandardAero from a “buy” rating to a “hold” rating and cut their price objective for the stock from $34.00 to $30.00 in a report on Tuesday, June 2nd. Morgan Stanley set a $33.00 target price on StandardAero in a report on Monday, August 10th. Guggenheim assumed coverage on StandardAero in a research report on Monday. They issued a “neutral” rating on the stock. Weiss Ratings downgraded StandardAero from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday. Finally, UBS Group upped their price target on shares of StandardAero from $35.00 to $36.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $35.00.

Check Out Our Latest Stock Report on StandardAero

StandardAero Trading Down 1.3%

The stock has a fifty day moving average of $26.83 and a 200 day moving average of $26.89. The company has a market capitalization of $7.71 billion, a P/E ratio of 24.02 and a beta of 0.85. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.59 and a current ratio of 2.13.

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

Insider Buying and Selling at StandardAero

In related news, CEO Russell Ford sold 40,000 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $30.44, for a total transaction of $1,217,600.00. Following the completion of the transaction, the chief executive officer directly owned 486,955 shares in the company, valued at approximately $14,822,910.20. The trade was a 7.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last 90 days, insiders sold 191,423 shares of company stock worth $5,847,760. 2.10% of the stock is owned by insiders.

Hedge Funds Weigh In On StandardAero

Large investors have recently added to or reduced their stakes in the company. Scholtz & Company LLC bought a new position in shares of StandardAero in the second quarter worth approximately $3,960,000. WINTON GROUP Ltd raised its position in shares of StandardAero by 19.0% during the 2nd quarter. WINTON GROUP Ltd now owns 113,814 shares of the company’s stock valued at $3,404,000 after purchasing an additional 18,206 shares during the period. NewEdge Advisors LLC raised its position in shares of StandardAero by 68.5% during the 2nd quarter. NewEdge Advisors LLC now owns 24,988 shares of the company’s stock valued at $747,000 after purchasing an additional 10,154 shares during the period. Arizona State Retirement System lifted its stake in shares of StandardAero by 12.4% during the 2nd quarter. Arizona State Retirement System now owns 60,870 shares of the company’s stock valued at $1,821,000 after buying an additional 6,704 shares in the last quarter. Finally, Nykredit A S purchased a new position in shares of StandardAero during the 2nd quarter valued at $65,000.

StandardAero Company Profile

(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.

Further Reading

Receive News & Ratings for StandardAero Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for StandardAero and related companies with MarketBeat.com's FREE daily email newsletter.