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NYSE:LOAR

Loar (LOAR) Stock Price, News & Analysis

$69.99
-2.46 (-3.40%)
(As of 08/21/2024 ET)
Today's Range
$68.34
$73.40
50-Day Range
$53.20
$76.84
52-Week Range
$42.57
$76.94
Volume
360,170 shs
Average Volume
315,210 shs
Market Capitalization
$6.28 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$75.75

Loar MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
8.2% Upside
$75.75 Price Target
Short Interest
Healthy
1.73% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.59mentions of Loar in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
50.00%
From $0.50 to $0.75 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.75 out of 5 stars

Aerospace Sector

24th out of 46 stocks

Aircraft Parts & Equipment, Not Elsewhere Classified Industry

3rd out of 8 stocks

About Loar

Loar Holdings Inc. is a diversified manufacturer and supplier of niche aerospace and defense components for aircraft and aerospace and defense systems. Loar Holdings Inc. is based in WHITE PLAINS, NY.

LOAR Stock Price History

LOAR Stock News Headlines

Loar (NYSE:LOAR) Price Target Raised to $88.00 at Citigroup
I never thought I would do this…
Now that the Fed has spoken, it’s sure to create a May Shockwave! Now's your best chance to trade this historic event using the method that has seen Doubles, Even Triples within just a few days! You see, while most folks will be paying $500… $1,000… or even MORE to trade popular stocks like Apple, Nvidia, or Microsoft… I’ve discovered a new way to tap into what could be the cheapest options in a volatile market. You see, by entering on certain predetermined dates, we have been able to watch as these $0.25 Cent Trades doubled, even tripled in what feels like no time.
Loar (NYSE:LOAR) PT Raised to $70.00 at Morgan Stanley
Loar (NYSE:LOAR) Issues FY 2024 Earnings Guidance
I never thought I would do this…
Now that the Fed has spoken, it’s sure to create a May Shockwave! Now's your best chance to trade this historic event using the method that has seen Doubles, Even Triples within just a few days! You see, while most folks will be paying $500… $1,000… or even MORE to trade popular stocks like Apple, Nvidia, or Microsoft… I’ve discovered a new way to tap into what could be the cheapest options in a volatile market. You see, by entering on certain predetermined dates, we have been able to watch as these $0.25 Cent Trades doubled, even tripled in what feels like no time.
Loar is about to announce its earnings — here's what to expect
Loar (NYSE:LOAR) Updates FY24 Earnings Guidance
Loar (LOAR) to Release Quarterly Earnings on Tuesday
Loar: A First Deal Post The IPO
See More Headlines
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Company Calendar

Last Earnings
8/13/2024
Today
8/22/2024
Next Earnings (Estimated)
11/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Aerospace
Industry
Aircraft parts & equipment, not elsewhere classified
Sub-Industry
Aircraft
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$75.75
High Stock Price Target
$88.00
Low Stock Price Target
$65.00
Potential Upside/Downside
+8.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$358.10 million

Miscellaneous

Free Float
N/A
Market Cap
$6.28 billion
Optionable
Optionable
Beta
N/A
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LOAR Stock Analysis - Frequently Asked Questions

How have LOAR shares performed this year?

Loar's stock was trading at $49.71 at the beginning of the year. Since then, LOAR stock has increased by 40.8% and is now trading at $69.99.
View the best growth stocks for 2024 here
.

How were Loar's earnings last quarter?

Loar Holdings, LLC (NYSE:LOAR) posted its earnings results on Tuesday, August, 13th. The company reported $0.13 EPS for the quarter, beating analysts' consensus estimates of $0.10 by $0.03. The business's revenue was up 31.2% on a year-over-year basis.

When did Loar IPO?

Loar (LOAR) raised $275 million in an initial public offering (IPO) on Thursday, April 25th 2024. The company issued 11,000,000 shares at $24.00-$26.00 per share. Jefferies, Morgan Stanley, Citigroup, Moelis & Co. and RBC Capital Markets served as the underwriters for the IPO.

When does Loar's lock-up period expire?

Loar's lock-up period expires on Tuesday, October 22nd. Loar had issued 11,000,000 shares in its initial public offering on April 25th. The total size of the offering was $308,000,000 based on an initial share price of $28.00. After the expiration of Loar's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Who are Loar's major shareholders?

Top institutional investors of Loar include Abrams Capital Management L.P. (42.85%), Federated Hermes Inc. (0.81%), Fred Alger Management LLC (0.27%) and Zweig DiMenna Associates LLC (0.19%).
View institutional ownership trends
.

How do I buy shares of Loar?

Shares of LOAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:LOAR) was last updated on 8/22/2024 by MarketBeat.com Staff

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