StandardAero, Inc. (SARO)

NYSE: SARO · Real-Time Price · USD
28.52
+0.17 (0.60%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.60%
Market Cap 9.54B
Revenue (ttm) 4.99B
Net Income (ttm) 20.47M
Shares Out 334.46M
EPS (ttm) 0.07
PE Ratio 466.04
Forward PE 38.51
Dividend n/a
Ex-Dividend Date n/a
Volume 484,534
Open 28.50
Previous Close 28.35
Day's Range 28.00 - 28.63
52-Week Range 26.78 - 34.38
Beta n/a
Analysts Buy
Price Target 35.63 (+24.93%)
Earnings Date Nov 13, 2024

About SARO

StandardAero, Inc. provides aerospace engine aftermarket services for fixed and rotary wing aircraft in the United States, Canada, the United Kingdom, Rest of Europe, Asia, and internationally. It operates in two segments, Engine Services and Component Repair Services. The Engine Services segment provides a suite of aftermarket services, including maintenance, repair and overhaul, on-wing and field service support, asset management, and engineering and related solutions to customers in the commercial aerospace, military and helicopter, and busi... [Read more]

Sector Industrials
IPO Date Oct 2, 2024
Employees 7,300
Stock Exchange NYSE
Ticker Symbol SARO
Full Company Profile

Financial Performance

In 2023, StandardAero's revenue was $4.56 billion, an increase of 9.95% compared to the previous year's $4.15 billion. Losses were -$35.06 million, 67.0% more than in 2022.

Financial numbers in USD Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for SARO stock is "Buy." The 12-month stock price forecast is $35.63, which is an increase of 24.93% from the latest price.

Price Target
$35.63
(24.93% upside)
Analyst Consensus: Buy
Stock Forecasts

News

CCC, StandardAero sign contract worth over $80M to repair U.S. Navy surface fleet engines

OTTAWA, Ontario, Nov. 20, 2024 (GLOBE NEWSWIRE) -- CCC is pleased to announce that it was awarded an indefinite delivery/indefinite quantity (IDIQ) contract worth over $80 million from the United Stat...

11 hours ago - GlobeNewsWire

StandardAero Announces Third Quarter 2024 Earnings

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--StandardAero (NYSE: SARO) announced results today for its third quarter ended September 30, 2024 (“Third Quarter 2024”). Third Quarter 2024 Highlights Revenue incre...

7 days ago - Business Wire

StandardAero Announces Third Quarter 2024 Earnings Release and Conference Call Date

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--StandardAero, Inc. (NYSE: SARO) will report its third quarter 2024 earnings results after the market closes on Wednesday, November 13, 2024. StandardAero will hold ...

16 days ago - Business Wire

U.S. IPO Weekly Recap: Standard Aero Soars In 7-IPO Week, While Big Tech Names Join Pipeline

Seven IPOs debuted in the US this past week, raising a combined $1.8 billion. Six companies submitted initial filings this past week, most notably Ingram Micro and Cerebras Systems. As many as six com...

6 weeks ago - Seeking Alpha

StandardAero: Flying High Out Of The Gate

StandardAero's IPO saw shares surge 36%, leading to a high valuation of around 40 times earnings, making the stock unattractive to me at current levels. The company, a leading provider of aerospace en...

6 weeks ago - Seeking Alpha

Market Is Validating Value of StandardAero, CEO Says

StandardAero CEO Russell Ford discusses the aircraft maintenance services provider's trading debut and the state of the aerospace industry on Bloomberg Television. StandardAero shares climbed 31% in t...

7 weeks ago - Bloomberg Markets and Finance

StandardAero valued at $10.4 bln as shares jump in NYSE debut

StandardAero's shares opened 29% above the initial public offering price in their market debut on Wednesday, giving the Carlyle-backed aviation maintenance services provider a market value of about $1...

7 weeks ago - Reuters

StandardAero CEO on IPO and growth plan

Russell Ford, StandardAero CEO, joins CNBC's 'Money Movers' to discuss the company's nearly $1.5 billion raised in its initial public offering, growth plans for the future, and more.

7 weeks ago - CNBC Television

StandardAero's IPO raises $1.44 billion and prices above its estimate range

Jet-engine aftermarket company prices above the top of its range for its trading debut on Wednesday.

7 weeks ago - Market Watch

StandardAero Announces Pricing of its Upsized Initial Public Offering

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--StandardAero, Inc. (“StandardAero”) announced today the pricing of its initial public offering of 60,000,000 shares of its common stock, at a public offering price ...

Other symbols: CG
7 weeks ago - Business Wire

Exclusive: Carlyle-backed StandardAero prices IPO above range to raise $1.44 billion, sources say

StandardAero, a U.S. aircraft maintenance services provider, priced its U.S. initial public offering above its indicated range to raise $1.44 billion, people familiar with the matter said on Tuesday.

Other symbols: CG
7 weeks ago - Reuters

Exclusive: Carlyle-backed StandardAero set to price IPO above range, sources say

StandardAero, a U.S. aircraft maintenance services provider, is set to price its U.S. initial public offering above its indicated range, setting it up for one of the biggest stock market debuts this y...

Other symbols: CG
7 weeks ago - Reuters

U.S. IPO Weekly Recap: 3 Sizable Deals Trade Up

Three IPOs each raised at least $100 million this week, in a welcome bump in activity. Four IPOs and two SPACs submitted initial filings this past week. Six IPOs are currently scheduled to list in the...

Other symbols: BIOABKVFLXFVRGRDNPCSAG
7 weeks ago - Seeking Alpha

Carlyle-backed StandardAero targets $7.7 bln valuation in upsized IPO

Carlyle-backed aviation services provider StandardAero is targeting a valuation of up to $7.69 billion in an upsized initial public offering, underscoring the strong investor appetite for profitable c...

Other symbols: CG
7 weeks ago - Reuters

StandardAero sets terms for planned IPO at valuation of up to $7.5 billion

StandardAero, which was founded in 1911, serves commercial-aerospace, military and helicopter, and business-aviation clients with about 7,300 employees working at more than 50 facilities across the gl...

2 months ago - Market Watch

StandardAero Announces Launch of Initial Public Offering

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--StandardAero, Inc. (“StandardAero”) announced today that it has launched its proposed initial public offering of its common stock. The proposed offering consists of...

2 months ago - Business Wire

StandardAero Pursues IPO As Revenue Grows

StandardAero, Inc. has filed to raise $100 million in an IPO, although the final figure may be much higher. The firm provides a range of aerospace engine repair and maintenance and related services wo...

2 months ago - Seeking Alpha

Carlyle-backed aviation service provider StandardAero files for US IPO

StandardAero, an aircraft maintenance services provider backed by private equity firm Carlyle Group and Singapore's sovereign wealth fund GIC, filed for an initial public offering in the United States...

2 months ago - Reuters

Aerospace aftermarket service provider StandardAero files for an estimated $1.0 billion IPO

StandardAero, a provider of aerospace engine aftermarket services, filed on Friday with the SEC to raise up to $100 million in an initial public offering.

2 months ago - Renaissance Capital

StandardAero IPO Registration Document (S-1)

StandardAero has filed to go public with an IPO on the New York Stock Exchange (NYSE).

2 months ago - SEC