StandardAero (SARO) Expected to Announce Quarterly Earnings on Wednesday

StandardAero (NYSE:SARO) is anticipated to release its earnings data before the market opens on Wednesday, February 12th. Analysts expect StandardAero to post earnings of $0.16 per share for the quarter.

StandardAero Price Performance

NYSE SARO opened at $27.36 on Tuesday. StandardAero has a 1-year low of $22.50 and a 1-year high of $34.38. The company’s 50 day moving average price is $25.68.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on SARO shares. Jefferies Financial Group started coverage on shares of StandardAero in a research report on Monday, October 28th. They issued a “buy” rating and a $38.00 price target on the stock. JPMorgan Chase & Co. started coverage on shares of StandardAero in a research report on Monday, October 28th. They set an “overweight” rating and a $36.00 target price on the stock. Cibc World Mkts raised shares of StandardAero to a “strong-buy” rating in a report on Monday, October 28th. UBS Group initiated coverage on StandardAero in a research note on Monday, October 28th. They set a “neutral” rating and a $34.00 price objective on the stock. Finally, Wolfe Research assumed coverage on StandardAero in a research note on Monday, October 28th. They issued an “outperform” rating and a $34.00 price objective for the company. Three investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, StandardAero presently has a consensus rating of “Moderate Buy” and a consensus price target of $35.67.

About StandardAero

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.