While StandardAero Inc has underperformed by -6.78%, investors are advised to look at stock chart patterns for technical insight.
On October 28, 2024, Wolfe Research started tracking StandardAero Inc (NYSE: SARO) recommending Outperform. A report published by UBS on October 28, 2024, Initiated its previous ‘Neutral’ rating for SARO. RBC Capital Mkts also rated SARO shares as ‘Outperform’, setting a target price of $37 on the company’s shares in an initiating report dated October 28, 2024. Morgan Stanley Initiated an Equal-Weight rating on October 28, 2024, and assigned a price target of $33. JP Morgan initiated its ‘Overweight’ rating for SARO, as published in its report on October 28, 2024. Jefferies’s report from October 28, 2024 suggests a price prediction of $38 for SARO shares, giving the stock a ‘Buy’ rating. CIBC also rated the stock as ‘Sector Outperform’.
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Analysis of StandardAero Inc (SARO)
Further, the quarter-over-quarter increase in sales is 13.21%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of StandardAero Inc’s future performance, with equity being one of the most critical indicators. Taking into account the quick ratio of the company, currently set at 1.41, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and SARO is recording an average volume of 2.44M. On a monthly basis, the volatility of the stock is set at 3.84%, whereas on a weekly basis, it is put at 4.25%, with a loss of -7.41% over the past seven days. Furthermore, long-term investors anticipate a median target price of $35.89, showing growth from the present price of $27.10, which can serve as yet another indication of whether SARO is worth investing in or should be passed over.
How Do You Analyze StandardAero Inc Shares?
StandardAero Inc (SARO) is based in the USA and is one of the most prominent companies operating in the Aerospace & Defense market. When comparing StandardAero Inc shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 441.37, there is a growth in quarterly earnings of 191.78%.
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 63.29%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 14.19% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
SARO shares are owned by institutional investors to the tune of 14.19% at present.
