StandardAero Inc (NYSE:SARO) does about 3.00M shares in volume on a normal day but saw 3857397 shares change hands in the recent trading day. The company now has a market cap of 9.59B USD. Its current market price is $28.68, marking an increase of 1.85% compared to the previous close of $28.16. 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 $34.38, suggesting that the stock has a potential upside of 16.58% 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 1.06%, 5.67%, and 3.98% 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 -4.18% over the week and 8.31% over the past month. Its price is 15.83% year-to-date.
To reach the target analysts have set, the stock logically needs to grow 16.58 percent from here.
Outstanding shares total 334.46M with insiders holding 0.48% of the shares and institutional holders owning 106.52% 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 136.12 while the forward price to earnings ratio is 24.43. Price to book ratio is 3.93 and price to sales ratio is 1.76.
