Loar Stock Climbs 28% On A 7-Day Winning Streak
Loar stock is on a 7-day winning streak, up 28.2% since the run began. That added about $1.6 billion to the company’s market value, which now stands at about $7.5 billion. The stock closed at $79.61 on Tuesday, November 10, 2.1% below its 52-week high of $81.29 and 48.1% above its low of $53.75.
LOAR Versus The S&P 500
Returns for LOAR and the S&P 500 over the streak and the periods around it, all ending Tuesday, November 10 and including dividends:
| Return Period | LOAR | S&P 500 |
|---|---|---|
| 1 Day | 1.3% | -0.4% |
| 7 Days (Current Streak) | 28.2% | -0.8% |
| 1 Month (21 Trading Days) | 27.6% | -3.6% |
| 3 Months (63 Trading Days) | 8.3% | -2.7% |
| Year To Date | 17.1% | 10.9% |
| 1 Year (252 Trading Days) | 6.8% | 13.1% |
How The Streak Compares With The Market
Over the same 7 trading days, the S&P 500 returned -0.8% 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 8.3%, a window that includes the streak; over the other 56 sessions of that window it was down 15.5%.
What The Numbers Say About The Rally
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 124.3 times trailing earnings against a median of 25.4. 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.
If you are looking for strength with more behind it than a hot tape, our Guidance Momentum screen surfaces the names where management raised its own outlook.
One Hot Stock Is A Story. Thirty Sound Ones Are A Strategy
A streak like this earns a place on your watchlist, and it also earns a question: how much of your outcome do you want depending on one company keeping this up?
The Trefis High Quality (HQ) Portfolio answers it with breadth: roughly 30 businesses picked for consistent cash generation, strong margins, and balance-sheet strength, sized and rebalanced by rules. It has a track record of outpacing a benchmark that combines the S&P 500, the S&P MidCap 400, and the Russell 2000. Follow the story; invest in the strategy.