Loar (NYSE:LOAR - Get Free Report) updated its FY 2025 earnings guidance on Friday. The company provided EPS guidance of 0.700-0.750 for the period, compared to the consensus EPS estimate of 0.730. The company issued revenue guidance of $480.0 million-$488.0 million, compared to the consensus revenue estimate of $483.9 million.
Wall Street Analysts Forecast Growth
A number of analysts have recently commented on the company. Morgan Stanley upgraded Loar from an "equal weight" rating to an "overweight" rating and set a $91.00 price objective for the company in a report on Thursday, April 3rd. Royal Bank of Canada reissued an "outperform" rating and issued a $92.00 target price on shares of Loar in a research report on Tuesday, April 1st.
Get Our Latest Stock Report on LOAR
Loar Trading Down 1.9 %
Shares of Loar stock traded down $1.67 during trading on Wednesday, hitting $86.87. The stock had a trading volume of 139,906 shares, compared to its average volume of 423,350. Loar has a 1 year low of $42.57 and a 1 year high of $96.99. The company has a quick ratio of 2.28, a current ratio of 3.95 and a debt-to-equity ratio of 0.78. The company has a market capitalization of $8.13 billion and a PE ratio of 361.96. The stock has a 50 day simple moving average of $71.51 and a 200 day simple moving average of $77.39.
Loar (NYSE:LOAR - Get Free Report) last posted its earnings results on Monday, March 31st. The company reported $0.11 EPS for the quarter, hitting the consensus estimate of $0.11. The business had revenue of $110.40 million during the quarter, compared to the consensus estimate of $102.51 million. Loar's revenue for the quarter was up 27.8% compared to the same quarter last year. On average, research analysts expect that Loar will post 0.28 EPS for the current fiscal year.
About Loar
(
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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.
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