StandardAero Inc (NYSE:SARO) shares traded 0.10% higher at $30.77 on Wall Street last session.
SARO stock price is now 11.66% away from the 50-day moving average and 10.89% away from the 200-day moving average. The market capitalization of the company currently stands at $10.29B.
With the price target of $34, Wolfe Research recently initiated with Outperform rating for StandardAero Inc (NYSE: SARO). On October 28, 2024, UBS recently initiated its ‘Neutral’ rating on the stock quoting a target price of $34, while ‘RBC Capital Mkts’ rates the stock as ‘Outperform’
In other news, Carlyle Group Inc., 10% Owner sold 3,671,271 shares of the company’s stock on May 29 ’25. The stock was sold for $100,225,698 at an average price of $27.30. Upon completion of the transaction, the 10% Owner now directly owns 152,673,891 shares in the company, valued at $4.7 billion. An SEC document containing details of the transaction can be found on the SEC’s website. On May 29 ’25, 10% Owner GIC Private Ltd sold 828,729 shares of the business’s stock. A total of $22,624,302 was realized by selling the stock at an average price of $27.30. This leaves the insider owning 34,463,633 shares of the company worth $1.06 billion. A total of 46.40% of the company’s stock is owned by insiders.
During the past 12 months, StandardAero Inc has had a low of $21.31 and a high of $34.38. As of last week, the company has a debt-to-equity ratio of 1.03, a current ratio of 2.00, and a quick ratio of 1.37.
