Shares of CAE Inc. (NYSE:CAE – Get Free Report) (TSE:CAE) have been given an average recommendation of “Hold” by the five research firms that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $35.00.
A number of brokerages have commented on CAE. StockNews.com raised CAE from a “hold” rating to a “buy” rating in a research note on Tuesday, February 20th. Scotiabank lowered shares of CAE from a “sector outperform” rating to a “sector perform” rating in a research note on Monday, January 22nd.
Institutional Investors Weigh In On CAE
CAE Stock Performance
Shares of CAE stock opened at $19.86 on Friday. The firm has a 50 day moving average of $19.79 and a 200-day moving average of $20.87. The company has a market cap of $6.32 billion, a price-to-earnings ratio of 31.03, a price-to-earnings-growth ratio of 1.49 and a beta of 1.59. The company has a quick ratio of 0.68, a current ratio of 0.90 and a debt-to-equity ratio of 0.55. CAE has a 52 week low of $18.26 and a 52 week high of $25.04.
CAE (NYSE:CAE – Get Free Report) (TSE:CAE) last posted its quarterly earnings results on Wednesday, February 14th. The aerospace company reported $0.18 earnings per share for the quarter, meeting the consensus estimate of $0.18. The firm had revenue of $804.01 million during the quarter, compared to the consensus estimate of $807.13 million. CAE had a net margin of 6.20% and a return on equity of 7.52%. On average, equities analysts forecast that CAE will post 0.87 earnings per share for the current 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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