With 0.14 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.53 million shares. During the session, the Aerospace & Defense company that operates in wider Industrials sector, reached to the highest price of $80.82 whereas the lowest price it dropped to was $78.9. The 52-week range on LOAR shows that it touched its highest point at $96.99 and its lowest point at $42.57 during that stretch. It currently has a 1-year price target of $97.50.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LOAR was up-trending over the past week, with a rise of 8.74%, but this was down by -1.21% over a month. Three-month performance surged to 2.92% while six-month performance rose 41.98%. A look at the trailing 12-month EPS for LOAR yields 0.20 with Next year EPS estimates of 0.67. For the next quarter, that number is 0.09. This implies an EPS growth rate of 1474.99% for this year and 61.82% for next year.
Float and Shares Shorts:
At present, 89.70 million LOAR shares are outstanding with a float of 72.63 million shares on hand for trading. On 2024-12-31, short shares totaled 1.95 million, which was 208.0 higher than short shares on 1732838400. In addition to Mr. Dirkson R. Charles as the firm’s President, CEO & Executive Co-Chairman, Mr. Brett N. Milgrim serves as its Executive Co-Chairman.
Institutional Ownership:
Through their ownership of 0.70647 of LOAR’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, LOAR reported revenue of $103519000.0 and operating income of $24537000.0. The EBITDA in the recently reported quarter was $35257000.0 and diluted EPS was $0.09.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LOAR since 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With LOAR analysts setting a high price target of 105.0 and a low target of 91.0, the average target price over the next 12 months is 97.5. Based on these targets, LOAR could surge 33.08% to reach the target high and rise by 15.34% to reach the target low. Reaching the average price target will result in a growth of 23.57% from current levels.
Analysts have provided yearly estimates in a range of $0.42308 being high and $0.39135 being low. For LOAR, this leads to a yearly average estimate of $0.4125. Based on analyst estimates, the high estimate for the next quarter is $0.16 and the low estimate is $0.11. The average estimate for the next quarter is thus $0.14.
