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The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

The IPO market appears to have reopened, with plane parts maker Loar Holdings (NYSE:LOAR) now a publicly traded company.

Loar Holdings, Inc. engages in the design, manufacture, and sale of niche aerospace and defense components for aircraft, aerospace and defense systems. The company was founded on August 21, 2017 ...

On its first day of trading, Loar closed at 48.80, soaring 74% above the IPO price, a sign of big institutional demand. On Aug. 13, Loar reported adjusted earnings of 13 cents per share on sales ...

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Aerospace and defense stock Loar is pulling back to a key support level, as profits surge. Support would lead to a new buying opportunity. As of September 2024, the U.S. stock market is ...