StandardAero (NYSE:SARO - Get Free Report) is anticipated to post its quarterly earnings results after the market closes on Monday, March 10th. Analysts expect StandardAero to post earnings of $0.16 per share and revenue of $1.37 billion for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.
StandardAero Trading Down 3.5 %
Shares of NYSE:SARO traded down $0.99 during trading on Monday, reaching $27.24. The company had a trading volume of 691,106 shares, compared to its average volume of 1,265,940. StandardAero has a fifty-two week low of $22.50 and a fifty-two week high of $34.38. The firm's fifty day moving average price is $25.78.
Analyst Ratings Changes
Separately, Bank of America lowered their target price on shares of StandardAero from $34.00 to $32.00 and set a "neutral" rating on the stock in a report on Wednesday, November 27th. Three equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, StandardAero presently has a consensus rating of "Moderate Buy" and an average price target of $35.67.
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About StandardAero
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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.
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