Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of Loar Holdings Inc (NYSE: LOAR) closed at $96.78 in the last session, down -0.75% from day before closing price of $97.51. In other words, the price has decreased by -$0.75 from its previous closing price. On the day, 0.6 million shares were traded.
Ratios:
We take a closer look at LOAR’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 167.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 243.27. For the most recent quarter (mrq), Quick Ratio is recorded 3.06 and its Current Ratio is at 5.28. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 393.25, and their Forward P/E ratio for the next fiscal year is 105.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 22.48 while its Price-to-Book (P/B) ratio in mrq is 8.32.
Stock Price History:
Over the past 52 weeks, LOAR has reached a high of $99.16, while it has fallen to a 52-week low of $45.13. The 50-Day Moving Average of the stock is 24.21%, while the 200-Day Moving Average is calculated to be 26.24%.
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 79.41% stake in the company.
