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

Loar Holdings Inc. (NYSE:LOAR) has been assigned an average recommendation of “Buy” from the five analysts that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $96.00.

LOAR has been the topic of several analyst reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Loar in a research note on Wednesday, October 8th. Zacks Research upgraded shares of Loar from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 16th. Wall Street Zen upgraded shares of Loar from a “hold” rating to a “buy” rating in a report on Saturday, August 16th. Finally, Morgan Stanley lowered their target price on shares of Loar from $100.00 to $97.00 and set an “overweight” rating for the company in a research note on Thursday.

Loar Trading Down 2.5%

LOAR opened at $66.77 on Wednesday. The firm has a 50 day simple moving average of $78.25 and a 200 day simple moving average of $79.58. Loar has a fifty-two week low of $62.10 and a fifty-two week high of $99.67. The company has a market cap of $6.25 billion, a price-to-earnings ratio of 101.17 and a beta of 0.19. The company has a debt-to-equity ratio of 0.24, a current ratio of 5.92 and a quick ratio of 3.81.

Loar (NYSE:LOAR) last released its earnings results on Wednesday, November 12th. The company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.13. The firm had revenue of $126.75 million during the quarter, compared to analyst estimates of $126.80 million. Loar had a net margin of 13.33% and a return on equity of 6.45%. The business’s quarterly revenue was up 22.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.15 EPS. Loar has set its FY 2026 guidance at 0.980-1.03 EPS. FY 2025 guidance at 0.930-0.980 EPS. On average, sell-side analysts anticipate that Loar will post 0.28 earnings per share for the current year.

Hedge Funds Weigh In On Loar

Several institutional investors have recently modified their holdings of the business. Bank of New York Mellon Corp grew its position in shares of Loar by 5.3% in the 1st quarter. Bank of New York Mellon Corp now owns 87,621 shares of the company’s stock valued at $6,190,000 after purchasing an additional 4,430 shares during the period. Xponance Inc. boosted its holdings in shares of Loar by 19.2% in the first quarter. Xponance Inc. now owns 4,585 shares of the company’s stock valued at $324,000 after buying an additional 740 shares during the period. Arizona State Retirement System acquired a new position in shares of Loar in the first quarter valued at approximately $378,000. Victory Capital Management Inc. increased its position in shares of Loar by 16.4% during the first quarter. Victory Capital Management Inc. now owns 9,777 shares of the company’s stock worth $691,000 after acquiring an additional 1,379 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in shares of Loar by 0.3% during the first quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 40,436 shares of the company’s stock worth $2,857,000 after acquiring an additional 139 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.