Streetbeat News

LOAR

Loar Holdings Inc.

Industry

Aerospace & Defense

Loar Holdings, Inc. engages in the design, manufacture, and sale of niche aerospace and defense components for aircraft, aerospace and defense systems. The company was founded on August 21, 2017 and is headquartered in White Plains, NY.

Open

80.00

Mkt cap

7.1B

Volume

925K

High

81.10

P/E Ratio

416.53

52-wk high

96.99

Low

77.43

Div yield

N/A

52-wk low

42.57

Loar Holdings Inc. announced the pricing of its upsized public offering of 5,750,000 shares at $85.00 per share. The offering includes shares from both the company and certain stockholders, with an option for underwriters to purchase additional shares.

Portfolio Pulse from

December 11, 2024 | 5:00 am

Loar Holdings Inc. has announced a public offering of 4,750,000 shares of its common stock, with 1,583,333 shares offered by certain stockholders and 3,166,667 shares by Loar itself. An additional 712,500 shares may be offered by selling stockholders to underwriters.

Portfolio Pulse from

December 09, 2024 | 11:45 am

Loar Holdings Inc. reported record results for Q3 2024 with net sales of $103.5 million, marking a 25% increase compared to the previous year. The company also revised its 2024 guidance upwards and provided initial guidance for 2025.

Portfolio Pulse from

November 13, 2024 | 1:15 pm

Loar Holdings Inc. will release its Q3 2024 earnings on November 13, 2024, before the market opens, followed by a conference call at 10:30 a.m.

Portfolio Pulse from

November 06, 2024 | 1:15 pm

Morgan Stanley has maintained an Equal-Weight rating on Loar Holdings while raising the price target from $70 to $75.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 12:02 pm

The article reports on the after-market session movements of various industrial stocks. Notable gainers include Northann, Staffing 360 Solutions, and JB Hunt Transport Services, with JB Hunt's rise linked to its Q3 earnings report. Losers include WANG & LEE Group and Energy Vault Holdings.

Portfolio Pulse from Benzinga Insights

October 15, 2024 | 8:30 pm

RBC Capital has reiterated its Outperform rating on Loar Holdings and maintained a price target of $80.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 1:36 pm

Aerospace stocks are experiencing a rise in share prices following Boeing's tentative agreement to prevent a strike, which could positively impact the sector.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 7:58 pm

Citigroup analyst Jason Gursky has maintained a Buy rating on Loar Holdings and raised the price target from $64 to $88.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 4:14 pm

The article highlights the top 7 best-performing mid-cap stocks from August 11 to August 17. AST SpaceMobile, Tempus AI, Intapp, Loar Holdings, Rocket Lab USA, Qifu Technology, and Lumentum Holdings saw significant gains due to various positive developments.

Portfolio Pulse from Lekha Gupta

August 18, 2024 | 7:28 pm

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