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home / news releases / TDG - Loar: A First Deal Post The IPO


TDG - Loar: A First Deal Post The IPO

2024-07-21 11:28:49 ET

Summary

  • Loar's high valuation post-IPO raised concerns, despite solid earnings and acquisition performance.
  • Loar's business model mirrors TransDigm, focusing on aerospace components with high margins and market-leading positions.
  • Shares have traded within a range since the IPO, with a recent acquisition boosting sales but maintaining a very high valuation.

In the final days of April, I believed that aerospace supplier Loar ( LOAR ) was flying too high in its public offering. In fact, I believed that the valuation following the public offering was getting almost outrageous....

For further details see:

Loar: A First Deal Post The IPO
Stock Information

Company Name: Transdigm Group Incorporated Inc.
Stock Symbol: TDG
Market: NYSE
Website: transdigm.com

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