Cae Inc (NYSE:CAE) (TSE:CAE) has earned an average recommendation of “Hold” from the nine research firms that are covering the firm, MarketBeat reports. Eight analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $36.67.

CAE has been the subject of several recent research reports. Zacks Investment Research downgraded CAE from a “buy” rating to a “hold” rating in a report on Tuesday. ValuEngine downgraded CAE from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd.

Institutional investors have recently made changes to their positions in the stock. Accurate Investment Solutions Inc. grew its holdings in CAE by 302.6% during the fourth quarter. Accurate Investment Solutions Inc. now owns 2,959 shares of the aerospace company’s stock worth $78,000 after buying an additional 2,224 shares in the last quarter. Parallel Advisors LLC boosted its position in CAE by 8.9% in the third quarter. Parallel Advisors LLC now owns 5,839 shares of the aerospace company’s stock worth $148,000 after purchasing an additional 477 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. boosted its position in CAE by 32.5% in the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 7,227 shares of the aerospace company’s stock worth $194,000 after purchasing an additional 1,774 shares during the last quarter. Paloma Partners Management Co purchased a new position in CAE in the second quarter worth $217,000. Finally, Integre Asset Management LLC purchased a new position in CAE in the second quarter worth $225,000. Institutional investors and hedge funds own 49.16% of the company’s stock.

NYSE CAE opened at $29.55 on Monday. The company has a market cap of $7.90 billion, a price-to-earnings ratio of 31.11, a P/E/G ratio of 2.89 and a beta of 0.79. CAE has a 52 week low of $19.66 and a 52 week high of $29.99. The business has a 50 day moving average price of $26.88 and a 200-day moving average price of $26.22. The company has a quick ratio of 0.84, a current ratio of 1.18 and a debt-to-equity ratio of 1.04.

CAE (NYSE:CAE) (TSE:CAE) last released its quarterly earnings data on Wednesday, November 13th. The aerospace company reported $0.28 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.09. The firm had revenue of $896.80 million during the quarter, compared to the consensus estimate of $850.51 million. CAE had a return on equity of 14.44% and a net margin of 9.41%. The company’s quarterly revenue was up 20.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.23 earnings per share. On average, equities research analysts anticipate that CAE will post 1.03 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a dividend of $0.084 per share. The ex-dividend date was Thursday, December 12th. This represents a $0.34 annualized dividend and a yield of 1.14%. This is an increase from CAE’s previous quarterly dividend of $0.08. CAE’s dividend payout ratio is 34.74%.

CAE Company Profile

CAE Inc, together with its subsidiaries, provides training solutions for the civil aviation, defence and security, and healthcare markets worldwide. The company's Civil Aviation Training Solutions 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.

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Analyst Recommendations for CAE (NYSE:CAE)

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