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

Shares of Loar Holdings Inc. (NYSE:LOAR) have been given a consensus rating of “Buy” by the six brokerages that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $91.75.

A number of analysts recently weighed in on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Loar in a research report on Monday, December 29th. Citigroup upped their target price on Loar from $83.00 to $87.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. The Goldman Sachs Group began coverage on Loar in a research note on Tuesday, November 25th. They set a “buy” rating and a $91.00 price target for the company. Zacks Research upgraded Loar from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. Finally, Wall Street Zen lowered Loar from a “buy” rating to a “hold” rating in a research note on Saturday, January 3rd.

Institutional Investors Weigh In On Loar

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Rakuten Securities Inc. bought a new position in Loar in the 2nd quarter worth about $27,000. PNC Financial Services Group Inc. boosted its holdings in shares of Loar by 390.1% in the second quarter. PNC Financial Services Group Inc. now owns 348 shares of the company’s stock valued at $30,000 after purchasing an additional 277 shares during the period. Farther Finance Advisors LLC grew its stake in Loar by 8,383.3% in the third quarter. Farther Finance Advisors LLC now owns 509 shares of the company’s stock worth $41,000 after purchasing an additional 503 shares in the last quarter. KBC Group NV purchased a new position in Loar during the 2nd quarter worth $82,000. Finally, Tower Research Capital LLC TRC raised its position in Loar by 347.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 970 shares of the company’s stock valued at $84,000 after purchasing an additional 753 shares in the last quarter.

Loar Stock Performance

NYSE:LOAR opened at $72.78 on Monday. The firm has a market capitalization of $6.81 billion, a PE ratio of 110.27 and a beta of 0.37. The stock’s fifty day moving average is $69.27 and its 200 day moving average is $73.51. Loar has a fifty-two week low of $62.10 and a fifty-two 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.

Loar (NYSE:LOAR) last posted its quarterly earnings data on Wednesday, November 12th. The company reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.13. The business had revenue of $126.75 million for the quarter, compared to analysts’ expectations of $126.80 million. Loar had a net margin of 13.33% and a return on equity of 6.45%. The business’s revenue was up 22.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.15 earnings per share. Loar has set its FY 2026 guidance at 0.980-1.03 EPS and its 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.

Loar Company Profile

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.