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In the latest session, Loar Holdings Inc (NYSE: LOAR) closed at $85.59 up 2.29% from its previous closing price of $83.67. In other words, the price has increased by $2.29 from its previous closing price. On the day, 3.56 million shares were traded.
Ratios:
For a deeper understanding of Loar Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 99.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 144.72. For the most recent quarter (mrq), Quick Ratio is recorded 3.21 and its Current Ratio is at 5.13. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.26.
On June 03, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $65.
On May 20, 2024, RBC Capital Mkts started tracking the stock assigning a Outperform rating and target price of $60.RBC Capital Mkts initiated its Outperform rating on May 20, 2024, with a $60 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 12 ’24 when LEVY PAUL S sold 251,616 shares for $81.17 per share. The transaction valued at 20,424,929 led to the insider holds 9,357,002 shares of the business.
Manella Michael J. sold 28,153 shares of LOAR for $2,285,320 on Dec 12 ’24. The insider now owns 580,388 shares after completing the transaction at $81.17 per share. On Dec 12 ’24, another insider, D’Alessandro Glenn, who serves as the insider of the company, sold 28,518 shares for $81.17 each. As a result, the insider received 2,314,949 and left with 1,060,510 shares of the company.
Valuation Measures:
As of this moment, Loar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 224.65, and their Forward P/E ratio for the next fiscal year is 91.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 18.81 while its Price-to-Book (P/B) ratio in mrq is 7.24.
Stock Price History:
Over the past 52 weeks, LOAR has reached a high of $99.67, while it has fallen to a 52-week low of $48.50. The 50-Day Moving Average of the stock is 6.54%, while the 200-Day Moving Average is calculated to be 10.40%.
Shares Statistics:
A total of 93.56M shares are outstanding, with a floating share count of 72.62M. Insiders hold about 22.38% of the company’s shares, while institutions hold 79.83% stake in the company.
