Loar Holdings Inc. (NYSE:LOAR) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Loar Holdings Inc. (NYSE:LOAR) have received an average recommendation of “Moderate Buy” from the seven brokerages that are currently covering the company, MarketBeat Ratings reports. Two analysts have 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 twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $88.00.

Several equities research analysts have recently weighed in on the company. Royal Bank Of Canada increased their price target on Loar from $80.00 to $85.00 and gave the stock an “outperform” rating in a report on Friday, August 7th. Morgan Stanley restated an “equal weight” rating and set a $82.00 price objective (down from $91.00) on shares of Loar in a report on Wednesday, July 15th. Citigroup upped 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. Jefferies Financial Group reiterated a “buy” rating and issued a $88.00 target price on shares of Loar in a research note on Sunday, August 9th. Finally, Weiss Ratings upgraded Loar from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, July 10th.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Rakuten Securities Inc. bought a new stake in Loar during the 2nd quarter valued at about $27,000. Fifth Third Bancorp bought a new position in Loar in the 4th quarter worth about $28,000. Nykredit A S bought a new position in Loar in the 2nd quarter worth about $33,000. Sunbelt Securities Inc. increased its position in shares of Loar by 238.3% during the fourth quarter. Sunbelt Securities Inc. now owns 592 shares of the company’s stock worth $40,000 after acquiring an additional 417 shares during the period. Finally, Tower Research Capital LLC TRC increased its position in shares of Loar by 347.0% during the second quarter. Tower Research Capital LLC TRC now owns 970 shares of the company’s stock worth $84,000 after acquiring an additional 753 shares during the period.

Loar Stock Performance

NYSE LOAR opened at $67.79 on Tuesday. Loar has a fifty-two week low of $53.15 and a fifty-two week high of $83.43. The company has a market cap of $6.35 billion, a P/E ratio of 94.15 and a beta of 0.56. The company has a debt-to-equity ratio of 0.79, a quick ratio of 3.24 and a current ratio of 4.91. The business’s 50 day moving average price is $72.91 and its 200-day moving average price is $67.33.

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