Loar Holdings Inc. (LOAR)
NYSE: LOAR · IEX Real-Time Price · USD
55.74
+0.17 (0.31%)
At close: Jul 19, 2024, 4:00 PM
55.78
+0.04 (0.07%)
After-hours: Jul 20, 2024, 12:58 PM EDT
Loar Holdings Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Loar Holdings stock have an average target of 61, with a low estimate of 55 and a high estimate of 65. The average target predicts an increase of 9.44% from the current stock price of 55.74.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jun 3, 2024.
Analyst Ratings
The average analyst rating for Loar Holdings stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 |
|---|---|---|
| Strong Buy | 2 | 2 |
| Buy | 1 | 1 |
| Hold | 1 | 1 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
| Total | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Initiates $65 | Strong Buy | Initiates | $65 | +16.61% | Jun 3, 2024 |
| Citigroup | Citigroup | Strong Buy Initiates $64 | Strong Buy | Initiates | $64 | +14.82% | May 20, 2024 |
| RBC Capital | RBC Capital | Buy Initiates $60 | Buy | Initiates | $60 | +7.64% | May 20, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Initiates $55 | Hold | Initiates | $55 | -1.33% | May 20, 2024 |
Financial Forecast
Revenue This Year
380.67M
from 317.48M
Increased by 19.90%
Revenue Next Year
447.70M
from 380.67M
Increased by 17.61%
EPS This Year
0.43
from -0.06
EPS Next Year
0.79
from 0.43
Increased by 83.52%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 393.8M | 526.7M | 672.3M |
| Avg | 380.7M | 447.7M | 526.0M |
| Low | 364.3M | 398.1M | 443.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 24.0% | 38.4% | 50.2% |
| Avg | 19.9% | 17.6% | 17.5% |
| Low | 14.7% | 4.6% | -0.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.45 | 0.87 | 1.19 |
| Avg | 0.43 | 0.79 | 1.06 |
| Low | 0.40 | 0.73 | 0.90 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 102.1% | 51.1% |
| Avg | - | 83.5% | 34.0% |
| Low | - | 69.0% | 14.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.