StandardAero Inc (NYSE:SARO) does about 2.79M shares in volume on a normal day but saw 3123621 shares change hands in the recent trading day. The company now has a market cap of 9.71B USD. Its current market price is $29.02, marking an increase of 1.43% compared to the previous close of $28.61. The 52 week high reached by this stock is $34.38 whilst the lowest price level in 52 weeks is $28.25.
StandardAero Inc (SARO) has a 20-day trading average at $30.72 and the current price is -15.59% off the 52-week high compared with 2.73% distance from its 52-week low. If we look at the stock’s price movements over the week, volatility stands at 3.16%, which increases to 3.80% over 1 month.
The consensus objective for the share price is $35.89, suggesting that the stock has a potential upside of 19.14% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on October 28, 2024 when Wolfe Research initiated the stock to “Outperform” and issued a price target of $34. RBC Capital Mkts initiated its price target at $37.
The current price level is -5.53%, -6.73%, and -6.73% away from its SMA20, SMA50, and SMA200 respectively, with the SARO price moving above the 50-day SMA on current market day. StandardAero Inc (SARO) stock is down -0.62% over the week and -10.46% over the past month. Its price is -11.39% year-to-date.
The company’s next earnings report forecasts estimating quarterly EPS at 0.06 and 0.28 for whole year. Expected sales for next quarter are $1.38B, which analysts say will come at $5.18B for the current fiscal year and next year at $5.82B. In addition, estimates put the company’s current quarterly revenue at an average of $1.23B.
To reach the target analysts have set, the stock logically needs to grow 19.14 percent from here.
The company has a return on investment of -0.30%. Price to book ratio is 8.38 and price to sales ratio is 2.01.
