Loar Holdings Signs Definitive Agreement To Acquire Applied Avionics For $385M In Cash
$LOAR
Military/Government/Technical
Industrials
Loar Holdings Signs Definitive Agreement To Acquire Applied Avionics For $385M In Cash
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/3/2024 | $65.00 | Buy | Jefferies |
| 5/20/2024 | $55.00 | Equal-Weight | Morgan Stanley |
| 5/20/2024 | $64.00 | Buy | Citigroup |
| 5/20/2024 | $60.00 | Outperform | RBC Capital Mkts |
10-Q - Loar Holdings Inc. (0002000178) (Filer)
8-K - Loar Holdings Inc. (0002000178) (Filer)
8-K/A - Loar Holdings Inc. (0002000178) (Filer)
Enhances board composition with additional qualifications and experience D.R. Horton, Inc. (NYSE:DHI), America's Builder, announced today that its Board of Directors (the "Board") has appointed three new independent directors – Barbara R. Smith, M. Chad Crow and Elaine D. Crowley – effective August 26, 2024. As part of the Company's succession planning and commitment to ensuring strong Board composition, the three newly appointed directors each bring valuable experience and insight to the D.R. Horton Board. Each appointee has an excellent professional resume that adds to the qualifications, experiences and characteristics of the Company's current Board composition. Ms. Smith was named
WHITE PLAINS, NY / ACCESSWIRE / November 13, 2024 / Loar Holdings Inc. (NYSE:LOAR) (the "Company," "Loar," "we," "us" and "our"), reported record results for the third quarter of 2024.Third Quarter 2024Net sales of $103.5 million, up 25.0% compared to the prior year's quarter.Net income for Q3 2024 was $8.7 million, up $5.8 million compared to the prior year's quarter.Diluted earnings per share of $0.09.Adjusted EBITDA of $38.1 million, up 31.8% compared to the prior year's quarter.Net income margin for the quarter improved to 8.4% from the prior year's quarter of 3.4%.Adjusted EBITDA Margin for the quarter was 36.8% compared to 34.9% for the prior year's quarter.Adjusted Earnings Per Share
WHITE PLAINS, NY / ACCESSWIRE / November 6, 2024 / Loar Holdings Inc. (NYSE:LOAR), said it will report Q3 2024 earnings before the market opens on Wednesday, November 13, 2024.A conference call will follow at 10:30 a.m., Eastern Time. To participate in the call telephonically please dial +1 877-407-0670 / +1 215-268-9902. International participants can find a list of toll-free numbers here. A live audio webcast will also be available at the following link as well as through the Investor section of Loar Holdings website; https://ir.loargroup.comThe webcast will be archived and available for replay later in the day.About Loar Holdings Inc.Loar Holdings Inc. is a diversified manufacturer and su
WHITE PLAINS, NY / ACCESSWIRE / August 13, 2024 / Loar Holdings Inc. (NYSE:LOAR) (the "Company," "Loar," "we," "us" and "our"), reported record results for the second quarter of 2024.Second Quarter 2024Net sales of $97.0 million, up 31.1% versus the prior year's quarter.Net income for Q2 2024 was $7.6 million, up $7.0 million as compared to the prior year's quarter.Earnings per share of $0.09.Adjusted EBITDA of $35.0 million, up 26.3% over the prior year's quarter.Net income margin in the quarter improved to 7.9% from the prior year's quarter net income margin of 0.8%.Adjusted EBITDA Margin in the quarter was 36.1% compared to 37.5% in the prior year's quarter.Adjusted Earnings Per Share of
Jefferies analyst Sheila Kahyaoglu initiates coverage on Loar Holdings (NYSE:LOAR) with a Buy rating and announces Price Target of $65.
WHITE PLAINS, NY / ACCESSWIRE / November 13, 2024 / Loar Holdings Inc. (NYSE:LOAR) (the "Company," "Loar," "we," "us" and "our"), reported record results for the third quarter of 2024.Third Quarter 2024Net sales of $103.5 million, up 25.0% compared to the prior year's quarter.Net income for Q3 2024 was $8.7 million, up $5.8 million compared to the prior year's quarter.Diluted earnings per share of $0.09.Adjusted EBITDA of $38.1 million, up 31.8% compared to the prior year's quarter.Net income margin for the quarter improved to 8.4% from the prior year's quarter of 3.4%.Adjusted EBITDA Margin for the quarter was 36.8% compared to 34.9% for the prior year's quarter.Adjusted Earnings Per Share
WHITE PLAINS, NY / ACCESSWIRE / November 6, 2024 / Loar Holdings Inc. (NYSE:LOAR), said it will report Q3 2024 earnings before the market opens on Wednesday, November 13, 2024.A conference call will follow at 10:30 a.m., Eastern Time. To participate in the call telephonically please dial +1 877-407-0670 / +1 215-268-9902. International participants can find a list of toll-free numbers here. A live audio webcast will also be available at the following link as well as through the Investor section of Loar Holdings website; https://ir.loargroup.comThe webcast will be archived and available for replay later in the day.About Loar Holdings Inc.Loar Holdings Inc. is a diversified manufacturer and su
Enhances board composition with additional qualifications and experience D.R. Horton, Inc. (NYSE:DHI), America's Builder, announced today that its Board of Directors (the "Board") has appointed three new independent directors – Barbara R. Smith, M. Chad Crow and Elaine D. Crowley – effective August 26, 2024. As part of the Company's succession planning and commitment to ensuring strong Board composition, the three newly appointed directors each bring valuable experience and insight to the D.R. Horton Board. Each appointee has an excellent professional resume that adds to the qualifications, experiences and characteristics of the Company's current Board composition. Ms. Smith was named
SC 13G - Loar Holdings Inc. (0002000178) (Subject)
SC 13G - Loar Holdings Inc. (0002000178) (Subject)
SC 13G - Loar Holdings Inc. (0002000178) (Subject)
Jefferies initiated coverage of Loar Holdings with a rating of Buy and set a new price target of $65.00
Morgan Stanley initiated coverage of Loar Holdings with a rating of Equal-Weight and set a new price target of $55.00
Citigroup initiated coverage of Loar Holdings with a rating of Buy and set a new price target of $64.00