Loar Holdings Inc. (NYSE:LOAR) Receives Average Rating of “Buy” from Analysts

Loar Holdings Inc. (NYSE:LOARGet Free Report) has received an average recommendation of “Buy” from the six brokerages that are presently covering the company, Marketbeat reports. One investment analyst has 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 12 month price target among brokerages that have updated their coverage on the stock in the last year is $94.75.

A number of equities research analysts recently weighed in on the company. The Goldman Sachs Group initiated coverage on Loar in a report on Tuesday, November 25th. They set a “buy” rating and a $91.00 price target for the company. Weiss Ratings restated a “hold (c)” rating on shares of Loar in a report on Monday, December 1st. Morgan Stanley cut their price target on Loar from $100.00 to $97.00 and set an “overweight” rating for the company in a report on Thursday, November 13th. Wall Street Zen raised shares of Loar from a “hold” rating to a “buy” rating in a report on Saturday, August 16th. Finally, Zacks Research upgraded shares of Loar from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 16th.

Check Out Our Latest Analysis on LOAR

Loar Trading Down 0.7%

Shares of LOAR stock opened at $67.32 on Friday. The company has a market capitalization of $6.30 billion, a P/E ratio of 101.99 and a beta of 0.35. Loar has a 12-month low of $62.10 and a 12-month high of $99.67. The company has a quick ratio of 3.81, a current ratio of 5.92 and a debt-to-equity ratio of 0.24. The firm has a 50-day moving average price of $74.62 and a 200 day moving average price of $77.02.

Loar (NYSE:LOARGet Free Report) last issued its quarterly earnings data on Wednesday, November 12th. The company reported $0.35 earnings per share for the quarter, topping the consensus estimate 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 analysts’ expectations of $126.80 million. During the same period in the prior year, the firm earned $0.15 earnings per share. The company’s quarterly revenue was up 22.5% compared to the same quarter last year. Loar has set its FY 2026 guidance at 0.980-1.03 EPS and its FY 2025 guidance at 0.930-0.980 EPS. Research analysts forecast that Loar will post 0.28 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of LOAR. Rakuten Securities Inc. acquired a new position in Loar during the 2nd quarter worth $27,000. PNC Financial Services Group Inc. increased its stake in shares of Loar by 390.1% in the 2nd quarter. PNC Financial Services Group Inc. now owns 348 shares of the company’s stock valued at $30,000 after buying an additional 277 shares during the period. Farther Finance Advisors LLC raised its position in shares of Loar by 8,383.3% during the third quarter. Farther Finance Advisors LLC now owns 509 shares of the company’s stock worth $41,000 after acquiring an additional 503 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its stake in shares of Loar by 5,286.7% during the first quarter. Caitong International Asset Management Co. Ltd now owns 808 shares of the company’s stock valued at $57,000 after acquiring an additional 793 shares during the period. Finally, KBC Group NV bought a new position in Loar in the second quarter valued at about $82,000.

Loar Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Loar (NYSE:LOAR)

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