Loar Holdings Inc. (NYSE:LOAR) Receives $90.75 Average Target Price from Analysts

Loar Holdings Inc. (NYSE:LOAR) has received a consensus rating of “Buy” from the six brokerages that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $90.75.

Several research firms have recently weighed in on LOAR. Weiss Ratings reissued a “hold (c)” rating on shares of Loar in a report on Monday, December 29th. Wall Street Zen cut Loar from a “buy” rating to a “hold” rating in a research note on Saturday. Citigroup assumed coverage on shares of Loar in a research report on Thursday, December 11th. They set a “buy” rating and a $83.00 target price on the stock. Morgan Stanley reduced their price target on shares of Loar from $100.00 to $97.00 and set an “overweight” rating for the company in a research report on Thursday, November 13th. Finally, The Goldman Sachs Group assumed coverage on shares of Loar in a research note on Tuesday, November 25th. They issued a “buy” rating and a $91.00 price objective on the stock.

Institutional Investors Weigh In On Loar

A number of institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its position in shares of Loar by 72.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 513,323 shares of the company’s stock worth $41,066,000 after purchasing an additional 214,978 shares in the last quarter. Morningstar Investment Management LLC acquired a new position in Loar in the 3rd quarter valued at about $1,779,000. PharVision Advisers LLC purchased a new position in shares of Loar during the third quarter valued at approximately $218,000. Dark Forest Capital Management LP purchased a new position in shares of Loar during the 3rd quarter worth $2,371,000. Finally, Zimmer Partners LP lifted its position in Loar by 52.9% during the third quarter. Zimmer Partners LP now owns 130,000 shares of the company’s stock worth $10,400,000 after buying an additional 45,000 shares during the period.

Loar Price Performance

NYSE:LOAR opened at $70.08 on Thursday. The firm has a market cap of $6.56 billion, a price-to-earnings ratio of 106.18 and a beta of 0.37. Loar has a 52 week low of $62.10 and a 52 week high of $99.67. The company has a debt-to-equity ratio of 0.24, a quick ratio of 3.81 and a current ratio of 5.92. The firm’s 50-day simple moving average is $70.18 and its 200 day simple moving average is $74.62.

Loar (NYSE:LOAR) last posted its earnings results on Wednesday, November 12th. The company reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.13. Loar had a net margin of 13.33% and a return on equity of 6.45%. The firm had revenue of $126.75 million for the quarter, compared to the consensus estimate of $126.80 million. During the same period last year, the firm posted $0.15 EPS. The company’s revenue was up 22.5% on a year-over-year basis. Loar has set its FY 2026 guidance at 0.980-1.03 EPS and its FY 2025 guidance at 0.930-0.980 EPS. As a group, sell-side analysts predict that Loar will post 0.28 earnings per share for the current year.

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.