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

Shares of Loar Holdings Inc. (NYSE:LOAR) have been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $83.00.

LOAR has been the topic of a number of research analyst reports. Wall Street Zen downgraded Loar from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Weiss Ratings downgraded Loar from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday. The Goldman Sachs Group reiterated a “buy” rating and issued a $98.00 target price on shares of Loar in a research report on Thursday, February 26th. Citigroup decreased their target price on Loar from $83.00 to $71.00 and set a “buy” rating on the stock in a research report on Thursday, April 2nd. Finally, Morgan Stanley set a $91.00 target price on Loar in a research report on Friday, May 8th.

Loar Price Performance

Shares of Loar stock opened at $64.75 on Friday. The stock’s 50-day simple moving average is $60.63 and its 200-day simple moving average is $65.88. Loar has a 52 week low of $53.15 and a 52 week high of $91.19. The company has a market capitalization of $6.06 billion, a price-to-earnings ratio of 91.20 and a beta of 0.55. The company has a quick ratio of 2.89, a current ratio of 4.56 and a debt-to-equity ratio of 0.80.

Loar (NYSE:LOAR) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.15 by $0.19. Loar had a return on equity of 8.47% and a net margin of 12.64%.The business had revenue of $156.09 million for the quarter, compared to the consensus estimate of $149.71 million. During the same period in the previous year, the business earned $0.16 earnings per share. The business’s revenue was up 36.1% on a year-over-year basis. Loar has set its FY 2026 guidance at 1.260-1.300 EPS. As a group, analysts expect that Loar will post 1.16 earnings per share for the current fiscal year.

Insider Buying and Selling at Loar

In other Loar news, Director Taiwo K. Danmola sold 35,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $60.59, for a total transaction of $2,120,650.00. Following the sale, the director directly owned 54,286 shares in the company, valued at $3,289,188.74. This represents a 39.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Paul S. Levy bought 75,000 shares of Loar stock in a transaction dated Friday, March 13th. The stock was purchased at an average cost of $64.90 per share, for a total transaction of $4,867,500.00. Following the purchase, the director owned 8,087,580 shares of the company’s stock, valued at approximately $524,883,942. This trade represents a 0.94% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders bought 173,800 shares of company stock valued at $11,327,673. Corporate insiders own 20.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of LOAR. Rakuten Securities Inc. purchased a new position in Loar during the 2nd quarter worth $27,000. Fifth Third Bancorp purchased a new stake in Loar during the 4th quarter valued at about $28,000. Sunbelt Securities Inc. boosted its holdings in shares of Loar by 238.3% in the 4th quarter. Sunbelt Securities Inc. now owns 592 shares of the company’s stock valued at $40,000 after acquiring an additional 417 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Loar by 122.4% in the third quarter. PNC Financial Services Group Inc. now owns 774 shares of the company’s stock worth $62,000 after buying an additional 426 shares during the last quarter. Finally, Danske Bank A S purchased a new stake in shares of Loar in the fourth quarter worth about $62,000.

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.