StandardAero (SARO) Expected to Announce Quarterly Earnings on Wednesday

StandardAero (NYSE:SARO) is expected to issue its quarterly earnings data after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.16 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

StandardAero Stock Performance

NYSE SARO opened at $26.25 on Tuesday. The stock’s fifty day moving average price is $25.61. StandardAero has a 1 year low of $22.50 and a 1 year high of $34.38.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Sanford C. Bernstein assumed coverage on shares of StandardAero in a report on Monday, October 28th. They issued an “outperform” rating and a $39.00 price objective on the stock. Wolfe Research assumed coverage on shares of StandardAero in a report on Monday, October 28th. They issued an “outperform” rating and a $34.00 price objective on the stock. UBS Group assumed coverage on shares of StandardAero in a report on Monday, October 28th. They issued a “neutral” rating and a $34.00 price objective on the stock. CIBC assumed coverage on shares of StandardAero in a report on Monday, October 28th. They issued a “sector outperform” rating and a $38.00 price objective on the stock. Finally, Bank of America decreased their price objective on shares of StandardAero from $34.00 to $32.00 and set a “neutral” rating on the stock in a report on Wednesday, November 27th. Three analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $35.67.

About StandardAero

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.