StandardAero (SARO) Expected to Announce Quarterly Earnings on Wednesday

StandardAero (NYSE:SARO) is expected to be posting its quarterly earnings results after the market closes on Wednesday, February 26th. Analysts expect StandardAero to post earnings of $0.16 per share for the quarter.

StandardAero Stock Performance

NYSE:SARO opened at $27.24 on Friday. The company has a fifty day moving average of $25.61. StandardAero has a one year low of $22.50 and a one year high of $34.38.

Wall Street Analyst Weigh In

SARO has been the topic of a number of research reports. JPMorgan Chase & Co. began coverage on shares of StandardAero in a research note on Monday, October 28th. They issued an “overweight” rating and a $36.00 price target on the stock. Royal Bank of Canada initiated coverage on StandardAero in a research report on Monday, October 28th. They issued an “outperform” rating and a $37.00 target price on the stock. Bank of America dropped their price target on StandardAero from $34.00 to $32.00 and set a “neutral” rating for the company in a report on Wednesday, November 27th. Wolfe Research began coverage on StandardAero in a research note on Monday, October 28th. They issued an “outperform” rating and a $34.00 price target for the company. Finally, UBS Group initiated coverage on StandardAero in a research report on Monday, October 28th. They set a “neutral” rating and a $34.00 price objective on the stock. Three analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $35.67.

StandardAero Company Profile

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.