Loar Holdings Inc. (NYSE:LOAR) Stock Now Rated “Moderate Buy” by Sell-Side Analysts

Loar Holdings Inc. (NYSE:LOAR) has earned an average recommendation of “Moderate Buy” from the seven ratings firms that are covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $86.00.

A number of research analysts have recently issued reports on the stock. Jefferies Financial Group restated a “buy” rating and issued a $88.00 price target on shares of Loar in a research report on Sunday, August 9th. Royal Bank Of Canada upped their price target on shares of Loar from $80.00 to $85.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Morgan Stanley decreased their price target on shares of Loar from $82.00 to $72.00 and set an “equal weight” rating on the stock in a report on Friday, October 16th. Zacks Research cut Loar from a “strong-buy” rating to a “hold” rating in a report on Friday, October 9th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Loar in a research report on Tuesday, October 6th.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Allworth Financial LP raised its position in shares of Loar by 428.4% during the 2nd quarter. Allworth Financial LP now owns 428 shares of the company’s stock valued at $35,000 after buying an additional 347 shares in the last quarter. Nykredit A S bought a new stake in shares of Loar during the 2nd quarter worth approximately $33,000. KBC Group NV boosted its stake in shares of Loar by 52.8% during the first quarter. KBC Group NV now owns 1,447 shares of the company’s stock valued at $83,000 after purchasing an additional 500 shares during the period. Integrated Wealth Concepts LLC boosted its position in Loar by 14.1% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 4,653 shares of the company’s stock valued at $375,000 after buying an additional 574 shares during the period. Finally, The Manufacturers Life Insurance Company grew its stake in Loar by 2.5% in the first quarter. The Manufacturers Life Insurance Company now owns 23,255 shares of the company’s stock worth $1,332,000 after purchasing an additional 575 shares in the last quarter.

Loar Price Performance

Shares of NYSE LOAR opened at $68.49 on Wednesday. Loar has a twelve month low of $53.15 and a twelve month high of $82.49. The business’s 50 day moving average price is $64.81 and its two-hundred day moving average price is $66.67. The company has a quick ratio of 3.24, a current ratio of 4.91 and a debt-to-equity ratio of 0.79. The company has a market cap of $6.42 billion, a PE ratio of 95.12 and a beta of 0.63.

Loar (NYSE:LOAR) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.07. The firm had revenue of $171.58 million during the quarter, compared to the consensus estimate of $162.80 million. Loar had a net margin of 11.60% and a return on equity of 9.37%. The business’s revenue for the quarter was up 39.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.23 EPS. Loar has set its FY 2026 guidance at 1.320-1.360 EPS. On average, analysts predict that Loar will post 1.20 EPS for the current year.

About Loar

Loar Holdings Inc is an aerospace and defense company that designs, manufactures and sells highly engineered, mission-critical components and systems. Its products are used in commercial and military aircraft, business jets, general aviation, space vehicles and other defense applications.

The company’s product portfolio includes specialized components such as shock absorbers, vibration-control products, elastomeric components, seals, electronic systems and other aircraft and defense parts.