At the time of writing, StandardAero Inc [SARO] stock is trading at $24.09, up 0.33%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SARO shares have gain 4.74% over the last week, with a monthly amount drifted -5.94%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
StandardAero Inc [NYSE: SARO] stock has seen the most recent analyst activity on October 28, 2024, when Wolfe Research initiated its Outperform rating and assigned the stock a price target of $34. Previously, UBS started tracking the stock with Neutral rating on October 28, 2024, and set its price target to $34. On October 28, 2024, RBC Capital Mkts initiated with a Outperform rating and assigned a price target of $37 on the stock. Morgan Stanley started tracking the stock assigning a Equal-Weight rating and suggested a price target of $33 on October 28, 2024. JP Morgan initiated its recommendation with a Overweight and recommended $36 as its price target on October 28, 2024. Jefferies started tracking with a Buy rating for this stock on October 28, 2024, and assigned it a price target of $38. In a note dated October 28, 2024, CIBC initiated an Sector Outperform rating and provided a target price of $38 on this stock.
For the past year, the stock price of StandardAero Inc fluctuated between $22.50 and $34.38. StandardAero Inc [NYSE: SARO] shares were valued at $24.09 at the most recent close of the market.
Analyzing the SARO fundamentals
According to StandardAero Inc [NYSE:SARO], the company’s sales were 4.99B for trailing twelve months, which represents an 13.21% jump.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 23.84 points at the first support level, and at 23.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.53, and for the 2nd resistance point, it is at 24.97.
Ratios To Look Out For
It is important to note that StandardAero Inc [NYSE:SARO] has a current ratio of 2.11. As well, the Quick Ratio is 1.41. Considering the valuation of this stock, the price to sales ratio is 1.62, the price to book ratio is 6.92 and price to earnings (TTM) ratio is 392.35.
Transactions by insiders
Recent insider trading involved GIC Private Ltd, 10% Owner, that happened on Oct 03 ’24 when 2.9 million shares were sold.
