StandardAero (SARO) Projected to Post Quarterly Earnings on Wednesday

StandardAero (NYSE:SARO) will likely be releasing its earnings data after the market closes on Wednesday, February 26th. Analysts expect StandardAero to post earnings of $0.16 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

StandardAero Trading Down 4.0 %

NYSE SARO opened at $26.15 on Monday. The stock has a fifty day moving average of $25.61. StandardAero has a 52-week low of $22.50 and a 52-week high of $34.38.

Wall Street Analyst Weigh In

Several research firms have issued reports on SARO. Cibc World Mkts upgraded shares of StandardAero to a “strong-buy” rating in a research report on Monday, October 28th. Royal Bank of Canada began coverage on shares of StandardAero in a research report on Monday, October 28th. They issued an “outperform” rating and a $37.00 price target on the stock. Jefferies Financial Group assumed coverage on shares of StandardAero in a research report on Monday, October 28th. They issued a “buy” rating and a $38.00 price target on the stock. UBS Group assumed coverage on shares of StandardAero in a report on Monday, October 28th. They set a “neutral” rating and a $34.00 price objective for the company. Finally, Morgan Stanley assumed coverage on shares of StandardAero in a report on Monday, October 28th. They set an “equal weight” rating and a $33.00 price objective for the company. Three analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $35.67.

StandardAero Company Profile

StandardAero, Inc provides aerospace engine aftermarket services for fixed and rotary wing aircraft in the United States, Canada, the United Kingdom, Rest of Europe, Asia, and internationally. It operates in two segments, Engine Services and Component Repair Services. The Engine Services segment provides a suite of aftermarket services, including maintenance, repair and overhaul, on-wing and field service support, asset management, and engineering and related solutions to customers in the commercial aerospace, military and helicopter, and business aviation end markets.