CIBC initiated coverage of StandardAero with a rating of Sector Outperform and set a new price target of $38.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/28/2024 | $38.00 | Sector Outperform | CIBC |
| 10/28/2024 | $39.00 | Outperform | Bernstein |
| 10/28/2024 | $36.00 | Overweight | JP Morgan |
| 10/28/2024 | $34.00 | Neutral | UBS |
| 10/28/2024 | $37.00 | Outperform | RBC Capital Mkts |
| 10/28/2024 | $33.00 | Equal-Weight | Morgan Stanley |
| 10/28/2024 | $38.00 | Buy | Jefferies |
| 10/28/2024 | $34.00 | Outperform | Wolfe Research |
CIBC initiated coverage of StandardAero with a rating of Sector Outperform and set a new price target of $38.00
Bernstein initiated coverage of StandardAero with a rating of Outperform and set a new price target of $39.00
JP Morgan initiated coverage of StandardAero with a rating of Overweight and set a new price target of $36.00
SCHEDULE 13G - StandardAero, Inc. (0002025410) (Subject)
SCHEDULE 13G - StandardAero, Inc. (0002025410) (Subject)
10-Q - StandardAero, Inc. (0002025410) (Filer)
StandardAero, Inc. (NYSE:SARO) will report its third quarter 2024 earnings results after the market closes on Wednesday, November 13, 2024. StandardAero will hold a conference call to discuss the results at 5:00 PM ET that day. A live webcast of the conference call will be made available on the Events section of StandardAero's investor relations website at https://ir.standardaero.com/news-events/events. The earnings release and presentation will also be posted to the investor relations website prior to the conference call. The conference call may also be accessed by dialing (877) 407-9762 or (201) 689-8538 for telephone access to the live call. Please click here for international toll-fre
4 - StandardAero, Inc. (0002025410) (Issuer)
4 - StandardAero, Inc. (0002025410) (Issuer)
3 - StandardAero, Inc. (0002025410) (Issuer)
StandardAero, a leading independent provider of engine maintenance, repair and overhaul (MRO) services, has signed a definitive 15-year agreement with a major Middle East airline to provide aftermarket services for the CFM International LEAP turbofan engine. Under the new agreement, StandardAero's LEAP MRO facility in San Antonio, TX, will provide engine and engine component repair and overhaul, including LEAP performance restoration shop visits (PRSV) and continued time engine maintenance (CTEM) services in support of the airline's fleet of new-generation narrowbody aircraft. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/2025020
Growth Driven By Solid Execution & Strength Across End Markets StandardAero (NYSE:SARO) announced results today for its third quarter ended September 30, 2024 ("Third Quarter 2024"). Third Quarter 2024 Highlights Revenue increased 13.2% year-over-year to $1,244.6 million Net Income was $16.4 million; Net Income Margin was 1.3% Adjusted EBITDA increased 26.0% year-over-year to $168.4 million Adjusted EBITDA Margin was 13.5%, an increase of 137 basis points compared to the prior year's quarter Capital expenditures were $25.3 million, reflecting continued investment in growth initiatives including the LEAP-1A/-1B program and the CFM56 Center of Excellence greenfield facility
StandardAero, Inc. (NYSE:SARO) will report its third quarter 2024 earnings results after the market closes on Wednesday, November 13, 2024. StandardAero will hold a conference call to discuss the results at 5:00 PM ET that day. A live webcast of the conference call will be made available on the Events section of StandardAero's investor relations website at https://ir.standardaero.com/news-events/events. The earnings release and presentation will also be posted to the investor relations website prior to the conference call. The conference call may also be accessed by dialing (877) 407-9762 or (201) 689-8538 for telephone access to the live call. Please click here for international toll-fre