Streetbeat News

LOAR

Loar Holdings Inc.

https://loargroup.com/

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

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

RBC Capital analyst Ken Herbert maintains an Outperform rating on Loar Holdings (NYSE:LOAR) and raises the price target from $65 to $80.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 4:03 pm

Morgan Stanley analyst Kristine Liwag maintains an Equal-Weight rating on Loar Holdings (NYSE:LOAR) and raises the price target from $55 to $70.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:02 pm

Tech stocks surged and Treasury yields fell on Tuesday following lower-than-expected producer inflation data, increasing expectations for Federal Reserve rate cuts. Major indices and ETFs saw significant movements, with notable performances from Starbucks, Chipotle, and Home Depot.

Portfolio Pulse from Piero Cingari

August 13, 2024 | 4:55 pm

Loar Holdings Inc. (NYSE:LOAR) reported better-than-expected second-quarter earnings and sales, leading to an 18.2% increase in its stock price. Other notable gainers include iLearningEngines, Inc. (NASDAQ:AILE), Starbucks Corporation (NASDAQ:SBUX), PACS Group, Inc. (NYSE:PACS), Pulse Biosciences, Inc. (NASDAQ:PLSE), and Clean Energy Fuels Corp. (NASDAQ:CLNE), among others.

Portfolio Pulse from Avi Kapoor

August 13, 2024 | 3:44 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.