The stock of StandardAero Inc (NYSE:SARO) last traded at $27.18, down -3.07% from the previous session.
SARO stock price is now -0.09% away from the 50-day moving average and -2.38% away from the 200-day moving average. The market capitalization of the company currently stands at $9.09B.
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With the price target of $34, Wolfe Research recently initiated with Outperform rating for StandardAero Inc (NYSE: SARO). On October 28, 2024, UBS recently initiated its ‘Neutral’ rating on the stock quoting a target price of $34, while ‘RBC Capital Mkts’ rates the stock as ‘Outperform’
In other news, GIC Private Ltd, 10% Owner sold 6,629,834 shares of the company’s stock on Mar 27 ’25. The stock was sold for $180,066,291 at an average price of $27.16. Upon completion of the transaction, the 10% Owner now directly owns 40,817,224 shares in the company, valued at $1.11 billion. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 03 ’24, 10% Owner GIC Private Ltd sold 2,900,552 shares of the business’s stock. A total of $65,958,552 was realized by selling the stock at an average price of $22.74. This leaves the insider owning 47,447,058 shares of the company worth $1.29 billion. A total of 2.48% of the company’s stock is owned by insiders.
During the past 12 months, StandardAero Inc has had a low of $22.50 and a high of $34.38. As of last week, the company has a debt-to-equity ratio of 1.02, a current ratio of 1.95, and a quick ratio of 1.29. The fifty day moving average price for SARO is $27.204 and a two-hundred day moving average price translates $27.84213 for the stock.
The latest earnings results from StandardAero Inc (NYSE: SARO) was released for 2024-12-31.
