StandardAero Inc [NYSE: SARO] jumped around 0.35 points on Wednesday, while shares priced at $30.97 at the close of the session, up 1.14%.
Compared to the average trading volume of 2.84M shares, SARO reached a trading volume of 4934026 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus 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 $35.11 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 1.78. 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 Price to Book ratio for the last quarter was 4.25, with the Price to Cash per share for the same quarter was set at 0.42.
How has SARO stock performed recently?
StandardAero Inc [SARO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.69. With this latest performance, SARO shares gained by 4.49% in over the last four-week period, additionally plugging by 21.07% over the last 6 months – not to mention a rise of 25.08% in the past year of trading.
StandardAero Inc [SARO]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and StandardAero Inc [SARO] shares currently have an operating margin of 8.72% and a Gross Margin at 12.76%. StandardAero Inc’s Net Margin is presently recorded at 1.30%.
