StandardAero Inc (NYSE: SARO) is 8.64% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SARO stock was last observed hovering at around $24.90 in the last trading session, with the day’s gains setting it 2.0%.
Currently trading at $26.90, the stock is 9.73% and 1.54% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.12 million and changing 8.03% at the moment leaves the stock -4.19% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $26.5404 and a 200-day simple moving average (SMA200) of $28.091448.
The stock witnessed a 7.56% in the last 1 month and extending the period to 3 months gives it a -16.07%, and is 11.66% 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 4.07% over the week and 3.55% over the month.
Current P/E ratio is 438.11. Profit margin for the company is 0.41%. Distance from 52-week low is 19.56% and -21.76% 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.
