StandardAero Inc (NYSE: SARO) is -3.80% lower on its value in year-to-date trading and has touched a low of $22.50 and a high of $34.38 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SARO stock was last observed hovering at around $24.09 in the last trading session, with the day’s loss setting it -0.27%.
Currently trading at $23.82, the stock is -2.83% and -11.13% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.92 million and changing -1.12% at the moment leaves the stock -15.60% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $26.8956 and a 200-day simple moving average (SMA200) of $28.285278.
The stock witnessed a -8.74% in the last 1 month and extending the period to 3 months gives it a -26.35%, and is 3.39% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.36% over the week and 3.43% over the month.
Current P/E ratio is 387.95. Profit margin for the company is 0.41%. Distance from 52-week low is 5.87% and -30.72% from its 52-week high. The company has generated returns on investments over the last 12 months (0.43%).
with sales reaching $1.37B over the same period.
The shares outstanding are 334.46M, and float is at 122.77M with Short Float at 8.35%.
StandardAero Inc (SARO) Insider Activity
The most recent transaction is an insider sale by GIC Private Ltd, the company’s 10% Owner. SEC filings show that GIC Private Ltd sold 2,900,552 shares of the company’s common stock on Oct 03 ’24 at a price of $22.74 per share for a total of $65.96 million. Following the sale, the insider now owns 47.45 million shares.
