CAE Inc (NYSE:CAE) Given Consensus Recommendation of “Hold” by Brokerages

CAE Inc (NYSE:CAE) (TSE:CAE) has received an average rating of “Hold” from the ten analysts that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $31.00.

CAE has been the subject of a number of analyst reports. Wall Street Zen downgraded CAE from a “buy” rating to a “hold” rating in a research note on Saturday, June 20th. Jefferies Financial Group reissued a “hold” rating and issued a $26.00 target price on shares of CAE in a report on Thursday, June 25th. National Bank Financial reaffirmed an “outperform” rating on shares of CAE in a report on Friday, May 22nd. Royal Bank Of Canada decreased their price objective on shares of CAE from $42.00 to $36.00 and set a “sector perform” rating on the stock in a research note on Tuesday, May 26th. Finally, Morgan Stanley downgraded shares of CAE from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, July 15th.

CAE Stock Down 1.2%

CAE stock opened at $26.86 on Tuesday. CAE has a fifty-two week low of $22.76 and a fifty-two week high of $34.24. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.96 and a quick ratio of 0.77. The stock has a market capitalization of $8.63 billion, a price-to-earnings ratio of 37.83, a PEG ratio of 2.85 and a beta of 1.01. The business’s fifty day moving average price is $25.48 and its two-hundred day moving average price is $27.17.

CAE (NYSE:CAE) (TSE:CAE) last posted its quarterly earnings data on Thursday, May 21st. The aerospace company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.01. The firm had revenue of $953.79 million during the quarter, compared to the consensus estimate of $924.83 million. CAE had a net margin of 6.36% and a return on equity of 7.45%. The business’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.47 EPS. CAE has set its FY 2027 guidance at 0.880-0.930 EPS. On average, equities analysts anticipate that CAE will post 0.87 earnings per share for the current year.

Hedge Funds Weigh In On CAE

A number of institutional investors have recently added to or reduced their stakes in CAE. Brandes Investment Partners LP increased its holdings in shares of CAE by 1.1% during the fourth quarter. Brandes Investment Partners LP now owns 15,157,988 shares of the aerospace company’s stock worth $461,107,000 after buying an additional 168,074 shares in the last quarter. Vanguard Group Inc. grew its position in CAE by 1.7% during the 4th quarter. Vanguard Group Inc. now owns 13,380,797 shares of the aerospace company’s stock worth $406,923,000 after acquiring an additional 229,270 shares during the last quarter. FIL Ltd increased its holdings in CAE by 21.9% in the 4th quarter. FIL Ltd now owns 10,422,522 shares of the aerospace company’s stock worth $316,955,000 after purchasing an additional 1,874,739 shares in the last quarter. Select Equity Group L.P. increased its holdings in CAE by 0.6% in the 2nd quarter. Select Equity Group L.P. now owns 7,909,738 shares of the aerospace company’s stock worth $231,350,000 after purchasing an additional 45,754 shares in the last quarter. Finally, Snyder Capital Management L P raised its position in CAE by 0.6% in the fourth quarter. Snyder Capital Management L P now owns 5,441,338 shares of the aerospace company’s stock valued at $165,526,000 after purchasing an additional 30,235 shares during the last quarter. 67.36% of the stock is currently owned by institutional investors and hedge funds.

CAE Company Profile

CAE Inc is a global leader in training and simulation technologies, headquartered in Montréal, Canada. The company specializes in the design and manufacture of high-fidelity flight simulators and training systems for civil aviation, defense and security, and healthcare markets. Leveraging advanced software and hardware integration, CAE delivers comprehensive training solutions that address pilot proficiency, mission readiness and patient safety across a wide range of platforms.

In civil aviation, CAE partners with major airlines, aircraft manufacturers and flight schools to provide pilot training services, courseware development and crew scheduling solutions.