CAE (CAE) Given Coverage Optimism Rating of 0.16
Press coverage about CAE (NYSE:CAE) (TSE:CAE) has trended somewhat positive on Monday, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CAE earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave news coverage about the aerospace company an impact score of 45.5420660626142 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
- Mass shooting at public library in New Mexico (techkenyot.com)
- Andra AP fonden Sells 37,700 Shares of CAE Inc $CAE https://t.co/Yv8pDC8AvW (4-traders.com)
- Former swim coach ‘ruled by fear’ (postbulletin.com)
- CAE Inc $CAE Rating Lowered to Strong Sell at BidaskClub https://t.co/mxMxMmvlhe (4-traders.com)
- AO Indicator Trending Lower For CAE Inc (CAE) – FLBC News (flbcnews.com)
A number of research analysts have weighed in on CAE shares. BidaskClub downgraded shares of CAE from a “sell” rating to a “strong sell” rating in a research report on Friday. Zacks Investment Research upgraded shares of CAE from a “sell” rating to a “buy” rating and set a $18.00 price objective for the company in a research report on Tuesday, May 16th. Finally, TD Securities downgraded shares of CAE from a “buy” rating to a “hold” rating in a research report on Thursday, June 1st. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. CAE presently has an average rating of “Hold” and a consensus target price of $19.50.
Shares of CAE (CAE) traded down 1.18% on Monday, hitting $15.98. 263,433 shares of the company’s stock were exchanged. The stock has a market cap of $4.30 billion, a price-to-earnings ratio of 22.10 and a beta of 0.86. The company’s 50-day moving average price is $16.98 and its 200 day moving average price is $15.97. CAE has a 12-month low of $13.57 and a 12-month high of $17.88.
CAE (NYSE:CAE) (TSE:CAE) last posted its quarterly earnings data on Thursday, August 10th. The aerospace company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.19 by $0.01. CAE had a net margin of 8.96% and a return on equity of 13.24%. The firm had revenue of $699 million for the quarter, compared to analysts’ expectations of $699.76 million. During the same period in the prior year, the company posted $0.26 earnings per share. CAE’s quarterly revenue was up 7.3% compared to the same quarter last year. On average, equities analysts predict that CAE will post $0.86 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be paid a dividend of $0.071 per share. The ex-dividend date of this dividend is Thursday, September 14th. This is a positive change from CAE’s previous quarterly dividend of $0.06. This represents a $0.28 dividend on an annualized basis and a yield of 1.78%. CAE’s dividend payout ratio is currently 34.29%.
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CAE Company Profile
CAE Inc provides training for the civil aviation, defense and security, and healthcare markets. The Company designs and integrates training solutions. It operates through three segments: Civil Aviation Training Solutions, Defense and Security, and Healthcare. The Company provides training solutions for flight, cabin, maintenance and ground personnel in commercial, business and helicopter aviation, a range of flight simulation training devices, as well as ab initio pilot training and crew sourcing services.
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