CAE Inc (NYSE:CAE) Receives Average Rating of “Hold” from Brokerages

CAE Inc (NYSE:CAE) (TSE:CAE) has been assigned a consensus rating of “Hold” from the ten analysts that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $31.00.

CAE has been the subject of a number of research analyst reports. Royal Bank Of Canada cut their price objective on shares of CAE from $42.00 to $36.00 and set a “sector perform” rating for the company in a research report on Tuesday, May 26th. Wall Street Zen lowered CAE from a “buy” rating to a “hold” rating in a research note on Saturday, June 20th. Zacks Research raised CAE from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 13th. Weiss Ratings downgraded CAE from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, July 23rd. Finally, National Bank Financial reissued an “outperform” rating on shares of CAE in a report on Friday, May 22nd.

CAE Trading Down 0.3%

Shares of CAE stock opened at $24.41 on Friday. CAE has a 1 year low of $22.76 and a 1 year high of $34.24. The company’s fifty day simple moving average is $25.51 and its 200-day simple moving average is $26.30. The company has a market cap of $7.82 billion, a price-to-earnings ratio of 34.38, a PEG ratio of 2.85 and a beta of 1.01. The company has a current ratio of 0.96, a quick ratio of 0.77 and a debt-to-equity ratio of 0.55.

CAE (NYSE:CAE) (TSE:CAE) last released its earnings results on Wednesday, August 12th. The aerospace company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.17 by $0.02. The firm had revenue of $826.42 million during the quarter, compared to analysts’ expectations of $796.86 million. CAE had a net margin of 6.36% and a return on equity of 7.45%. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.21 EPS. CAE has set its FY 2027 guidance at 0.870-0.920 EPS. As a group, sell-side analysts expect that CAE will post 0.87 EPS for the current year.

Institutional Investors Weigh In On CAE

A number of institutional investors have recently bought and sold shares of CAE. Tacita Capital Inc acquired a new position in shares of CAE in the 2nd quarter valued at $37,000. Transamerica Financial Advisors LLC boosted its position in shares of CAE by 170.7% during the 4th quarter. Transamerica Financial Advisors LLC now owns 1,267 shares of the aerospace company’s stock valued at $39,000 after acquiring an additional 799 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of CAE during the 4th quarter valued at about $41,000. CIBC Private Wealth Group LLC bought a new stake in CAE in the third quarter valued at about $42,000. Finally, Brown Brothers Harriman & Co. acquired a new position in CAE in the fourth quarter worth about $47,000. Institutional investors and hedge funds own 67.36% of the company’s stock.

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.