CAE (CAE) Scheduled to Post Earnings on Wednesday

CAE (TSE:CAE – Get Rating) (NYSE:CAE) will be posting its quarterly earnings results before the market opens on Wednesday, May 31st. Analysts expect CAE to post earnings of C$0.35 per share for the quarter.

CAE Price Performance

CAE opened at C$29.42 on Wednesday. The firm has a market cap of C$9.35 billion, a P/E ratio of 52.55, a PEG ratio of 1.76 and a beta of 2.01. The firm has a 50-day moving average of C$30.21 and a 200 day moving average of C$29.20. The company has a debt-to-equity ratio of 73.28, a quick ratio of 0.71 and a current ratio of 0.97. CAE has a fifty-two week low of C$20.90 and a fifty-two week high of C$35.18.

Wall Street Analysts Forecast Growth

CAE has been the topic of several recent research reports. TD Securities upped their price objective on shares of CAE from C$34.00 to C$37.00 and gave the company a “buy” rating in a report on Wednesday, February 15th. Scotiabank upped their price objective on shares of CAE from C$37.00 to C$38.00 in a report on Tuesday, April 4th. Royal Bank of Canada upped their price objective on shares of CAE from C$33.00 to C$37.00 and gave the company an “outperform” rating in a report on Wednesday, February 15th. CIBC upped their price objective on shares of CAE from C$33.00 to C$37.00 in a report on Wednesday, February 15th. Finally, BMO Capital Markets upped their price objective on shares of CAE from C$33.00 to C$35.00 in a report on Wednesday, February 15th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of C$36.78.

About CAE

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CAE Inc, together with its subsidiaries, provides simulation training and critical operations support solutions worldwide. It operates through three segments: Civil Aviation, Defense and Security, and Healthcare. The Civil Aviation segment provides training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation; flight simulation training devices; and ab initio pilot training and crew sourcing services, as well as end to end digitally enabled crew management, training operations solutions, and optimization software.