Loar (NYSE:LOAR) Issues FY 2026 Earnings Guidance

Loar (NYSE:LOAR) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.260-1.300 for the period, compared to the consensus earnings per share estimate of 0.770. The company issued revenue guidance of $645.0 million-$655.0 million, compared to the consensus revenue estimate of $646.3 million.

Loar Stock Down 2.7%

Shares of NYSE:LOAR opened at $60.19 on Friday. Loar has a 52-week low of $53.15 and a 52-week high of $99.67. The company has a market capitalization of $5.63 billion, a PE ratio of 80.25 and a beta of 0.55. The company has a debt-to-equity ratio of 0.61, a quick ratio of 2.98 and a current ratio of 4.70. The company has a fifty day moving average of $63.04 and a 200-day moving average of $67.73.

Loar (NYSE:LOAR) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.19. The company had revenue of $156.09 million for the quarter, compared to the consensus estimate of $149.71 million. Loar had a return on equity of 7.54% and a net margin of 14.54%.Loar’s revenue for the quarter was up 36.1% on a year-over-year basis. During the same quarter last year, the business posted $0.16 EPS. Loar has set its FY 2026 guidance at 1.260-1.300 EPS. On average, equities analysts predict that Loar will post 0.66 EPS for the current fiscal year.

Analyst Ratings Changes

LOAR has been the topic of a number of recent research reports. The Goldman Sachs Group reissued a “buy” rating and set a $98.00 price target on shares of Loar in a research note on Thursday, February 26th. Royal Bank Of Canada dropped their price objective on shares of Loar from $92.00 to $90.00 and set an “outperform” rating for the company in a report on Wednesday, February 18th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Loar in a research report on Friday, April 10th. Zacks Research raised shares of Loar to a “hold” rating in a report on Monday, March 9th. Finally, Citigroup decreased their price target on shares of Loar from $83.00 to $71.00 and set a “buy” rating for the company in a research report on Thursday, April 2nd. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $89.00.

Insider Buying and Selling

In related news, Director Raja Bobbili purchased 50,000 shares of the firm’s stock in a transaction dated Thursday, March 12th. The stock was bought at an average price of $63.61 per share, with a total value of $3,180,500.00. Following the completion of the purchase, the director owned 50,000 shares in the company, valued at approximately $3,180,500. This represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Paul S. Levy acquired 75,000 shares of the stock in a transaction dated Friday, March 13th. The shares were bought at an average price of $64.90 per share, with a total value of $4,867,500.00. Following the completion of the transaction, the director directly owned 8,087,580 shares of the company’s stock, valued at $524,883,942. The trade was a 0.94% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders have bought 173,800 shares of company stock worth $11,327,673. Corporate insiders own 20.10% of the company’s stock.

Institutional Investors Weigh In On Loar

A number of institutional investors have recently modified their holdings of LOAR. Captrust Financial Advisors increased its position in shares of Loar by 1.8% during the second quarter. Captrust Financial Advisors now owns 12,147 shares of the company’s stock worth $1,047,000 after buying an additional 214 shares during the period. Xponance LLC boosted its position in Loar by 4.2% during the fourth quarter. Xponance LLC now owns 5,989 shares of the company’s stock valued at $407,000 after acquiring an additional 240 shares during the last quarter. Federation des caisses Desjardins du Quebec boosted its position in Loar by 16.8% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 1,727 shares of the company’s stock valued at $117,000 after acquiring an additional 248 shares during the last quarter. Rakuten Securities Inc. acquired a new stake in Loar during the 2nd quarter worth about $27,000. Finally, Natixis Advisors LLC grew its holdings in Loar by 3.4% during the 3rd quarter. Natixis Advisors LLC now owns 11,322 shares of the company’s stock worth $906,000 after acquiring an additional 370 shares during the period.

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.