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

Shares of Loar Holdings Inc. (NYSE:LOAR) have been assigned a consensus rating of “Buy” from the six ratings firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among analysts that have covered the stock in the last year is $91.75.

A number of equities analysts have recently commented on the stock. Morgan Stanley decreased their price target on shares of Loar from $100.00 to $97.00 and set an “overweight” rating on the stock in a report on Thursday, November 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Loar in a research report on Monday, December 29th. Wall Street Zen downgraded Loar from a “buy” rating to a “hold” rating in a research report on Saturday, January 3rd. 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. Finally, Zacks Research upgraded Loar from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 16th.

Loar Price Performance

Shares of NYSE LOAR opened at $68.57 on Monday. The stock’s 50-day simple moving average is $69.79 and its two-hundred day simple moving average is $73.26. Loar has a twelve month low of $62.10 and a twelve month high of $99.67. The firm has a market capitalization of $6.42 billion, a P/E ratio of 103.89 and a beta of 0.37. The company has a quick ratio of 3.81, a current ratio of 5.92 and a debt-to-equity ratio of 0.24.

Loar (NYSE:LOAR) last issued its quarterly earnings data on Wednesday, November 12th. The company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.22 by $0.13. The company had revenue of $126.75 million during the quarter, compared to analyst estimates of $126.80 million. Loar had a return on equity of 6.45% and a net margin of 13.33%.Loar’s revenue was up 22.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $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. As a group, equities analysts anticipate that Loar will post 0.28 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Thrive Wealth Management LLC grew its holdings in shares of Loar by 0.3% in the third quarter. Thrive Wealth Management LLC now owns 41,016 shares of the company’s stock worth $3,281,000 after purchasing an additional 133 shares during the last quarter. Arizona State Retirement System boosted its position in Loar by 1.4% during the 3rd quarter. Arizona State Retirement System now owns 9,689 shares of the company’s stock valued at $775,000 after buying an additional 134 shares during the period. Xponance Inc. grew its holdings in Loar by 2.7% in the 3rd quarter. Xponance Inc. now owns 5,749 shares of the company’s stock worth $460,000 after acquiring an additional 150 shares during the last quarter. Amalgamated Bank increased its position in shares of Loar by 7.1% in the third quarter. Amalgamated Bank now owns 3,059 shares of the company’s stock valued at $245,000 after acquiring an additional 204 shares during the period. Finally, Captrust Financial Advisors increased its position in shares of Loar by 1.8% in the second quarter. Captrust Financial Advisors now owns 12,147 shares of the company’s stock valued at $1,047,000 after acquiring an additional 214 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.