Loar (LOAR) Projected to Post Quarterly Earnings on Monday

Loar (NYSE:LOAR - Get Free Report) is expected to announce its earnings results before the market opens on Monday, March 31st. Analysts expect the company to announce earnings of $0.11 per share and revenue of $102.51 million for the quarter. Persons that wish to listen to the company's earnings conference call can do so using this link.

Loar Stock Up 1.7 %

NYSE LOAR traded up $1.14 during mid-day trading on Thursday, reaching $67.73. The stock had a trading volume of 884,331 shares, compared to its average volume of 395,872. The company has a fifty day moving average price of $71.96 and a 200 day moving average price of $77.14. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.95 and a quick ratio of 2.28. Loar has a 1 year low of $42.57 and a 1 year high of $96.99.

Analysts Set New Price Targets

Separately, Royal Bank of Canada dropped their price objective on Loar from $100.00 to $92.00 and set an "outperform" rating on the stock in a research report on Monday, February 24th.

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.