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The closing price of StandardAero Inc (NYSE: SARO) was $26.90 for the day, up 3.10% from the previous closing price of $26.09. In other words, the price has increased by $3.10 from its previous closing price. On the day, 0.76 million shares were traded. SARO stock price reached its highest trading level at $27.17 during the session, while it also had its lowest trading level at $26.22.
Ratios:
Our analysis of SARO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.41 and its Current Ratio is at 2.11. In the meantime, Its Debt-to-Equity ratio is 3.10 whereas as Long-Term Debt/Eq ratio is at 3.06.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wolfe Research on October 28, 2024, initiated with a Outperform rating and assigned the stock a target price of $34.
On October 28, 2024, UBS started tracking the stock assigning a Neutral rating and target price of $34.
On October 28, 2024, RBC Capital Mkts started tracking the stock assigning a Outperform rating and target price of $37.RBC Capital Mkts initiated its Outperform rating on October 28, 2024, with a $37 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 03 ’24 when GIC Private Ltd sold 2,900,552 shares for $22.74 per share. The transaction valued at 65,958,552 led to the insider holds 47,447,058 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SARO now has a Market Capitalization of 8997027840 and an Enterprise Value of 11010129920. As of this moment, StandardAero’s Price-to-Earnings (P/E) ratio for their current fiscal year is 438.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.80 while its Price-to-Book (P/B) ratio in mrq is 7.73. Its current Enterprise Value per Revenue stands at 2.275 whereas that against EBITDA is 19.777.
Stock Price History:
Over the past 52 weeks, SARO has reached a high of $34.38, while it has fallen to a 52-week low of $22.50. The 50-Day Moving Average of the stock is 2.62%, while the 200-Day Moving Average is calculated to be -3.80%.
Shares Statistics:
SARO traded an average of 1.56M shares per day over the past three months and 1361340 shares per day over the past ten days. A total of 334.46M shares are outstanding, with a floating share count of 122.76M. Insiders hold about 63.30% of the company’s shares, while institutions hold 14.54% stake in the company. Therefore, it implies a Short% of Shares Outstanding of 2811217 and a Short% of Float of 5.3200003.