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 |
10/28/2024 | $34.00 | Neutral | BofA Securities |
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
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)
3 - StandardAero, Inc. (0002025410) (Issuer)
3 - StandardAero, Inc. (0002025410) (Issuer)
3 - StandardAero, Inc. (0002025410) (Issuer)
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
UBS initiated coverage of StandardAero with a rating of Neutral and set a new price target of $34.00
RBC Capital Mkts initiated coverage of StandardAero with a rating of Outperform and set a new price target of $37.00
Morgan Stanley initiated coverage of StandardAero with a rating of Equal-Weight and set a new price target of $33.00
Jefferies initiated coverage of StandardAero with a rating of Buy and set a new price target of $38.00
Wolfe Research initiated coverage of StandardAero with a rating of Outperform and set a new price target of $34.00
BofA Securities initiated coverage of StandardAero with a rating of Neutral and set a new price target of $34.00
10-Q - StandardAero, Inc. (0002025410) (Filer)
8-K - StandardAero, Inc. (0002025410) (Filer)
8-K - StandardAero, Inc. (0002025410) (Filer)
S-8 - StandardAero, Inc. (0002025410) (Filer)
8-K - StandardAero, Inc. (0002025410) (Filer)