In the latest trading session,, 1.08 million Loar Holdings Inc (NYSE:LOAR) shares changed hands as the company’s beta touched 0.33. With the company’s most recent per share price at $83.65 changed hands at -$5.56 or -6.23% at last look, the market valuation stands at $7.83B. LOAR’s current price is a discount, trading about -19.15% off its 52-week high of $99.67. The share price had its 52-week low at $51.50, which suggests the last value was 38.43% up since then. When we look at Loar Holdings Inc’s average trading volume, we note the 10-day average is 0.89 million shares, with the 3-month average coming to 973.68K.
Analysts gave the Loar Holdings Inc (LOAR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended LOAR as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight.
Loar Holdings Inc (NYSE:LOAR) trade information
Instantly LOAR was in red as seen in intraday trades today. With action -4.96%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 13.18%, with the 5-day performance at -4.96% in the red. However, in the 30-day time frame, Loar Holdings Inc (NYSE:LOAR) is -12.75% down. Looking at the short shares, we see there were 3.93 million shares sold at short interest cover period of 3.24 days.
The consensus price target for the stock as assigned by Wall Street analysts is 72.5, meaning bulls need a downside of -15.38% from its recent market value. According to analyst projections, LOAR’s forecast low is 55 with 88 as the target high. To hit the forecast high, the stock’s price needs a -5.2% plunge from its current level, while the stock would need to tank 34.25% for it to hit the projected low.
The 2025 estimates are for Loar Holdings Inc earnings to increase by 72.87%, but the outlook for the next 5-year period is at 42.79% per year.
LOAR Dividends
Loar Holdings Inc is expected to release its next quarterly earnings report on 2025-May-12.
Loar Holdings Inc (NYSE:LOAR)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 22.22% of Loar Holdings Inc shares while 74.41% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 95.66%. There are 74.41% institutions holding the Loar Holdings Inc stock share, with ABRAMS CAPITAL MANAGEMENT, L.P. the top institutional holder. As of 2024-06-30, the company held 43.9079% of the shares, roughly 38.43 million LOAR shares worth $2.05 billion.
BLACKSTONE INC. holds the second largest percentage of outstanding shares, with 1.4092% or 1.23 million shares worth $65.88 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were SMALLCAP WORLD FUND INC and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . With 1.16 shares estimated at $97.02 million under it, the former controlled 1.24% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 1.11% of the shares, roughly 1.04 shares worth around $86.57 million.
