Loar Stock: 6 Straight Green Days, Up 27%
Loar stock has risen for 6 consecutive trading days, gaining 26.5% over that stretch. That added about $1.5 billion to the company’s market value, which now stands at about $7.4 billion. The stock closed at $78.57 on Monday, November 9, 3.3% below its 52-week high of $81.29 and 46.2% above its low of $53.75.
The Streak Next To The S&P 500
Returns for LOAR and the S&P 500 over the streak and the periods around it, all ending Monday, November 9 and including dividends:
| Return Period | LOAR | S&P 500 |
|---|---|---|
| 1 Day | 4.3% | 2.3% |
| 6 Days (Current Streak) | 26.5% | -0.4% |
| 1 Month (21 Trading Days) | 26.6% | -3.3% |
| 3 Months (63 Trading Days) | 7.8% | -2.1% |
| Year To Date | 15.5% | 11.3% |
| 1 Year (252 Trading Days) | 4.8% | 13.7% |
Is This Move About Loar Or The Market?
Over the same 6 trading days, the S&P 500 returned -0.4% including dividends, so the run is mostly Loar’s own story rather than the market’s. Over the past three months the stock is up 7.8%, a window that includes the streak; over the other 57 sessions of that window it was down 14.8%.
Do The Fundamentals Support The Run?
On the fundamentals, revenue grew 33.8% over the last twelve months, against a median of 8.5% for S&P 500 Industrials stocks; its operating margin is 24.6%, versus a median of 17.5%; and the stock trades at 122.7 times trailing earnings against a median of 25.3. The numbers make the run harder to justify: a multiple well above the median. At this price, the stock is asking a lot of the business.
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Momentum Is A Tailwind, Not A Plan
Riding a stock that rises every day feels effortless, and that is precisely the danger: the same momentum that built this run can reverse without notice, and one name’s reversal should never be able to reset your whole year.
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