StandardAero (NYSE:SARO - Get Free Report) is anticipated to issue its quarterly earnings data after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.16 per share for the quarter. Parties that wish to register for the company's conference call can do so using this link.
StandardAero Trading Up 0.4 %
SARO traded up $0.12 during trading on Monday, reaching $26.25. 511,569 shares of the stock traded hands, compared to its average volume of 1,304,848. The company has a 50-day simple moving average of $25.61. StandardAero has a 12 month low of $22.50 and a 12 month high of $34.38.
Analyst Upgrades and Downgrades
Several brokerages recently commented on SARO. CIBC began coverage on StandardAero in a research report on Monday, October 28th. They set a "sector outperform" rating and a $38.00 target price on the stock. Cibc World Mkts upgraded StandardAero to a "strong-buy" rating in a report on Monday, October 28th. Sanford C. Bernstein initiated coverage on shares of StandardAero in a research note on Monday, October 28th. They issued an "outperform" rating and a $39.00 price objective for the company. Morgan Stanley assumed coverage on shares of StandardAero in a research note on Monday, October 28th. They set an "equal weight" rating and a $33.00 target price on the stock. Finally, Bank of America reduced their price target on shares of StandardAero from $34.00 to $32.00 and set a "neutral" rating for the company in a report on Wednesday, November 27th. Three investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, StandardAero currently has a consensus rating of "Moderate Buy" and a consensus target price of $35.67.
Read Our Latest Research Report on StandardAero
About StandardAero
(
Get Free Report)
StandardAero, Inc provides aerospace engine aftermarket services for fixed and rotary wing aircraft in the United States, Canada, the United Kingdom, Rest of Europe, Asia, and internationally. It operates in two segments, Engine Services and Component Repair Services. The Engine Services segment provides a suite of aftermarket services, including maintenance, repair and overhaul, on-wing and field service support, asset management, and engineering and related solutions to customers in the commercial aerospace, military and helicopter, and business aviation end markets.
Featured Articles
Before you consider StandardAero, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and StandardAero wasn't on the list.
While StandardAero currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.