CAE (TSE:CAE) (NYSE:CAE) had its price target lowered by Raymond James from C$35.00 to C$34.00 in a report issued on Friday, BayStreet.CA reports. The firm currently has a market perform rating on the stock. Raymond James also issued estimates for CAE’s Q2 2020 earnings at $0.29 EPS, Q3 2020 earnings at $0.36 EPS, Q4 2020 earnings at $0.46 EPS, FY2020 earnings at $1.35 EPS and FY2021 earnings at $1.50 EPS.

CAE has been the topic of a number of other research reports. CIBC increased their price target on CAE from C$29.00 to C$32.00 in a research report on Tuesday, April 23rd. TD Securities increased their price target on CAE from C$31.00 to C$34.00 and gave the stock a hold rating in a research report on Tuesday, May 21st. Desjardins lowered their price target on CAE from C$37.00 to C$36.00 in a research report on Thursday, August 15th. National Bank Financial increased their price target on CAE from C$32.50 to C$36.00 and gave the stock a sector perform rating in a research report on Tuesday, May 21st. Finally, BMO Capital Markets lowered their price target on CAE from C$36.00 to C$35.00 in a research report on Thursday, August 15th.

Shares of CAE stock opened at C$34.38 on Friday. The company has a market capitalization of $9.08 billion and a P/E ratio of 27.95. The business’s 50 day moving average is C$35.49 and its two-hundred day moving average is C$32.14. The company has a current ratio of 1.12, a quick ratio of 0.79 and a debt-to-equity ratio of 96.61. CAE has a 12-month low of C$22.10 and a 12-month high of C$36.86.

CAE (TSE:CAE) (NYSE:CAE) last issued its quarterly earnings results on Friday, May 17th. The company reported C$0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.44 by C$0.04. The business had revenue of C$1.02 billion for the quarter, compared to analysts’ expectations of C$964.00 million. On average, research analysts predict that CAE will post 1.58 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be given a dividend of $0.11 per share. The ex-dividend date of this dividend is Thursday, September 12th. This represents a $0.44 dividend on an annualized basis and a yield of 1.28%. This is an increase from CAE’s previous quarterly dividend of $0.10. CAE’s dividend payout ratio is currently 32.52%.

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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