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

64.03

Mkt cap

6.2B

Volume

292K

High

66.38

P/E Ratio

329.25

52-wk high

96.99

Low

63.54

Div yield

N/A

52-wk low

42.57

Loar Holdings' stock has declined by 15% due to market uncertainty and concerns over shareholder dilution from its aggressive M&A strategy. The company is diversified in aerospace and defense, with strong revenue and EBITDA growth projections, but remains expensive.

Portfolio Pulse from

March 13, 2025 | 11:30 pm

Loar Holdings Inc. has promoted TC Queener to Executive Vice President, who will oversee operations at Hydra-Electric and SMR Technologies.

Portfolio Pulse from

March 03, 2025 | 2:45 pm

Loar Holdings Inc. (NYSE:LOAR) has announced a put option agreement to acquire LMB Fans & Motors for €365 million plus net debt. The acquisition will be paid in cash at closing. Additionally, Loar released preliminary Q4 and full year 2024 financial results, with a detailed earnings release and call scheduled for March 31, 2025.

Portfolio Pulse from

February 20, 2025 | 9:45 pm

Loar Holdings Inc. (NYSE:LOAR) has appointed Nicole Huque as Chief Talent Officer, a new position within the company, to enhance its executive team.

Portfolio Pulse from

January 27, 2025 | 2:00 pm

Loar Holdings, a diversified aerospace and defense company, is experiencing strong growth but relies heavily on acquisitions, causing shareholder dilution. Despite high growth projections, it trades at a high EV/EBITDA multiple, making it more expensive than peers.

Portfolio Pulse from

December 24, 2024 | 10:30 am

Loar Holdings Inc. has granted options to purchase 68,000 shares of common stock to three new employees as inducement awards, approved by the Compensation Committee.

Portfolio Pulse from

December 16, 2024 | 9:45 pm

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

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