Shares of CAE Inc. (NYSE:CAE – Get Free Report) (TSE:CAE) have been given a consensus rating of “Hold” by the five brokerages that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $35.00.
CAE has been the subject of several research analyst reports. Scotiabank lowered shares of CAE from a “sector outperform” rating to a “sector perform” rating in a research report on Monday, January 22nd. Royal Bank of Canada lowered their price target on shares of CAE from $37.00 to $34.00 and set an “outperform” rating for the company in a report on Wednesday, November 15th. Bank of America cut CAE from a “neutral” rating to an “underperform” rating in a report on Wednesday, November 29th. Finally, StockNews.com upgraded CAE from a “hold” rating to a “buy” rating in a report on Tuesday, February 20th.
Read Our Latest Stock Analysis on CAE
Hedge Funds Weigh In On CAE
CAE Trading Down 0.7 %
NYSE:CAE opened at $19.58 on Tuesday. The company has a current ratio of 0.90, a quick ratio of 0.68 and a debt-to-equity ratio of 0.55. The stock has a market capitalization of $6.23 billion, a price-to-earnings ratio of 30.59, a PEG ratio of 1.64 and a beta of 1.58. The firm has a fifty day simple moving average of $20.06 and a two-hundred day simple moving average of $21.36. CAE has a 12 month low of $18.26 and a 12 month high of $25.04.
CAE (NYSE:CAE – Get Free Report) (TSE:CAE) last released its quarterly earnings data on Wednesday, February 14th. The aerospace company reported $0.18 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.18. CAE had a net margin of 6.20% and a return on equity of 7.52%. The firm had revenue of $804.01 million for the quarter, compared to analyst estimates of $807.13 million. Analysts expect that CAE will post 0.87 EPS for the current fiscal year.
About CAE
CAE Inc, together with its subsidiaries, provides simulation training and critical operations support solutions in Canada, the United States, the United Kingdom, Europe, Asia, Oceania and Africa, and Rest of Americas. It operates through three segments: Civil Aviation, Defense and Security, and Healthcare.
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