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

Loar Holdings Inc. (NYSE:LOAR) has earned a consensus recommendation of “Moderate Buy” from the seven brokerages that are presently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $88.00.

A number of equities analysts recently weighed in on LOAR shares. Citigroup increased their price objective on shares of Loar from $71.00 to $87.00 and gave the stock a “buy” rating in a research report on Thursday, June 25th. Jefferies Financial Group reissued a “buy” rating and issued a $88.00 target price on shares of Loar in a research report on Sunday, August 9th. Morgan Stanley restated an “equal weight” rating and set a $82.00 price target (down from $91.00) on shares of Loar in a research note on Wednesday, July 15th. Weiss Ratings upgraded Loar from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, July 10th. Finally, Royal Bank Of Canada lifted their price objective on Loar from $80.00 to $85.00 and gave the company an “outperform” rating in a research note on Friday, August 7th.

Loar Stock Down 3.0%

Shares of LOAR opened at $64.52 on Tuesday. The company’s 50-day moving average price is $71.42 and its 200 day moving average price is $67.32. Loar has a 12-month low of $53.15 and a 12-month high of $83.43. The company has a current ratio of 4.91, a quick ratio of 3.24 and a debt-to-equity ratio of 0.79. The firm has a market cap of $6.04 billion, a P/E ratio of 89.61 and a beta of 0.56.

Loar (NYSE:LOAR) last announced its earnings results on Thursday, August 6th. The company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.07. The company had revenue of $171.58 million during the quarter, compared to analyst estimates of $162.80 million. Loar had a net margin of 11.60% and a return on equity of 9.37%. Loar’s revenue was up 39.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.23 earnings per share. Loar has set its FY 2026 guidance at 1.320-1.360 EPS. On average, sell-side analysts forecast that Loar will post 1.2 earnings per share for the current year.

Institutional Trading of Loar

A number of institutional investors and hedge funds have recently bought and sold shares of LOAR. Fifth Third Bancorp purchased a new stake in Loar during the 4th quarter worth approximately $28,000. Nykredit A S purchased a new position in Loar in the 2nd quarter valued at approximately $33,000. Allworth Financial LP grew its stake in shares of Loar by 428.4% in the second quarter. Allworth Financial LP now owns 428 shares of the company’s stock worth $35,000 after acquiring an additional 347 shares in the last quarter. State of Wyoming acquired a new position in shares of Loar in the first quarter worth $65,000. Finally, KBC Group NV increased its position in shares of Loar by 52.8% during the first quarter. KBC Group NV now owns 1,447 shares of the company’s stock worth $83,000 after acquiring an additional 500 shares during the period.

Loar Company Profile

Loar Holdings Inc is an aerospace and defense manufacturing company that designs, manufactures and sells highly engineered, mission-critical components and systems. Its products are used in commercial aerospace, business aviation, defense, space and select industrial applications, where reliability, performance and regulatory compliance are essential.

The company’s product portfolio includes engineered elastomeric and vibration-control components, thermal and acoustic management products, specialized sensors, electronic components, and other customized systems.