StandardAero Inc (NYSE:SARO) does about 3.21M shares in volume on a normal day but saw 1474741 shares change hands in the recent trading day. The company now has a market cap of 10.29B USD. Its current market price is $30.77, marking an increase of 0.07% compared to the previous close of $30.75. The 52 week high reached by this stock is $34.38 whilst the lowest price level in 52 weeks is $21.31.
The consensus objective for the share price is $34.00, suggesting that the stock has a potential upside of 9.5% 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 4.22%, 12.32%, and 11.03% 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 up 3.50% over the week and 10.68% over the past month. Its price is 24.27% year-to-date.
To reach the target analysts have set, the stock logically needs to grow 9.5 percent from here.
Outstanding shares total 334.46M with insiders holding 0.48% of the shares and institutional holders owning 96.22% of the company’s common stock. The company has a return on investment of 1.44%. The price to earnings ratio (P/E ratio) amounts to 146.04 while the forward price to earnings ratio is 26.33. Price to book ratio is 4.22 and price to sales ratio is 1.89.
