Loar Holdings Inc. (NYSE:LOAR) Stock Has Average Price Target of $88.00 According to Brokerages

Loar Holdings Inc. (NYSE:LOAR) has earned an average recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $88.00.

A number of brokerages have weighed in on LOAR. Morgan Stanley reaffirmed an “equal weight” rating and set a $82.00 target price (down from $91.00) on shares of Loar in a research note on Wednesday, July 15th. Royal Bank Of Canada boosted their price target on Loar from $80.00 to $85.00 and gave the stock an “outperform” rating in a research report on Friday, August 7th. Zacks Research upgraded Loar from a “hold” rating to a “strong-buy” rating in a research note on Thursday, September 3rd. Citigroup raised their price objective on Loar from $71.00 to $87.00 and gave the company a “buy” rating in a research report on Thursday, June 25th. Finally, Weiss Ratings upgraded Loar from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, July 10th.

Hedge Funds Weigh In On Loar

Several large investors have recently modified their holdings of LOAR. Allworth Financial LP boosted its holdings in shares of Loar by 428.4% in the 2nd quarter. Allworth Financial LP now owns 428 shares of the company’s stock worth $35,000 after purchasing an additional 347 shares during the period. Nykredit A S purchased a new stake in Loar during the 2nd quarter valued at $33,000. KBC Group NV raised its holdings in Loar by 52.8% during the 1st quarter. KBC Group NV now owns 1,447 shares of the company’s stock valued at $83,000 after buying an additional 500 shares during the period. Integrated Wealth Concepts LLC lifted its position in Loar by 14.1% in the second quarter. Integrated Wealth Concepts LLC now owns 4,653 shares of the company’s stock worth $375,000 after buying an additional 574 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its position in Loar by 2.5% in the first quarter. The Manufacturers Life Insurance Company now owns 23,255 shares of the company’s stock worth $1,332,000 after buying an additional 575 shares during the last quarter.

Loar Price Performance

LOAR stock opened at $60.94 on Friday. The company has a debt-to-equity ratio of 0.79, a current ratio of 4.91 and a quick ratio of 3.24. Loar has a 1 year low of $53.15 and a 1 year high of $83.43. The firm has a 50-day moving average of $68.74 and a 200 day moving average of $66.68. The company has a market cap of $5.71 billion, a P/E ratio of 84.64 and a beta of 0.64.

Loar (NYSE:LOAR) last released its earnings results on Thursday, August 6th. The company reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.07. The company had revenue of $171.58 million during the quarter, compared to analysts’ expectations of $162.80 million. Loar had a return on equity of 9.37% and a net margin of 11.60%.The firm’s revenue for the quarter was up 39.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.23 EPS. Loar has set its FY 2026 guidance at 1.320-1.360 EPS. On average, sell-side analysts forecast that Loar will post 1.2 EPS for the current year.

About Loar

Loar Holdings Inc is an aerospace and defense company that designs and manufactures highly engineered, mission-critical components and systems. Its products are used in commercial and military aircraft, business jets, general aviation platforms, and other specialized aerospace applications.

The company offers a diverse portfolio of niche products, including elastomeric components, shock absorbers, sensors, electrical and electronic components, cockpit controls, and other specialized hardware.