StandardAero Inc (NYSE:SARO) does about 3.31M shares in volume on a normal day but saw 5803970 shares change hands in the recent trading day. The company now has a market cap of 9.77B USD. Its current market price is $3310000.0, marking an increase of 5803970% compared to the previous close of $29.73. 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 $35.11, suggesting that the stock has a potential downside of -9427413.53% 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 -1.77%, 3.76%, and 5.00% 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 -5.10% over the week and 0.69% over the past month. Its price is 17.93% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0.22 and 0.87 for whole year. Expected sales for next quarter are $1.41B, which analysts say will come at $5.94B for the current fiscal year and next year at $6.61B. In addition, estimates put the company’s current quarterly revenue at an average of $1.5B.
To reach the target analysts have set, the stock logically needs to shrink -9427413.53 percent from here.
The company has a return on investment of 1.44%. The price to earnings ratio (P/E ratio) amounts to 138.59 while the forward price to earnings ratio is 24.64. Price to book ratio is 4.01 and price to sales ratio is 1.80.
