StandardAero Inc [NYSE: SARO] surged by $0.38 during the normal trading session on while it closed the day at $27.19.
The market cap for SARO stock reached $9.09 billion, with 334.46 million shares outstanding and 326.18 million shares in the current float. Compared to the average trading volume of 2.11M shares, SARO reached a trading volume of 4592687 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about StandardAero Inc [SARO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SARO shares is $34.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SARO stock is a recommendation set at 1.62. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wolfe Research have made an estimate for StandardAero Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on October 28, 2024. While these analysts kept the previous recommendation, UBS raised their target price to Neutral. The new note on the price target was released on October 28, 2024, representing the official price target for StandardAero Inc stock. Previously, the target price had yet another raise to $37, while RBC Capital Mkts analysts kept a Outperform rating on SARO stock.
The Average True Range (ATR) for StandardAero Inc is set at 1.07, with the Price to Sales ratio for SARO stock in the period of the last 12 months amounting to 1.74. The Price to Book ratio for the last quarter was 3.83, with the Price to Cash per share for the same quarter was set at 0.31.
SARO stock trade performance evaluation
StandardAero Inc [SARO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.98.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SARO stock in for the last two-week period is set at 46.32, with the RSI for the last a single of trading hit 43.15, and the three-weeks RSI is set at 48.19 for StandardAero Inc [SARO]. The present Moving Average for the last 50 days of trading for this stock 27.35, while it was recorded at 27.17 for the last single week of trading.
StandardAero Inc [SARO]: An insightful look at the core fundamentals
StandardAero Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.29 and a Current Ratio set at 1.95.
StandardAero Inc [SARO]: Institutional Ownership
There are presently around $102.24%, or 103.41%% of SARO stock, in the hands of institutional investors.
