CAE Inc (NYSE:CAE) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Analysts give CAE a consensus rating of "Moderate Buy" based on 12 covers (1 sell, 3 hold, 6 buy, 2 strong buy) with an average 12‑month price target of $33.33.
• CAE's latest quarter showed an EPS beat of $0.24 versus $0.22 estimates while revenue missed at $911.8M versus $922.6M, with revenue up 2.3% year‑over‑year and analysts forecasting $0.87 EPS for the current year.
• The stock trades near $25.32 (50‑/200‑day averages $27.76/$28.90), has a market cap of $8.15B and a P/E of ~30.5, and is heavily held by institutions and hedge funds (approximately 67.36% ownership).

CAE Inc (NYSE:CAE - Get Free Report) TSE: CAE has earned a consensus recommendation of "Moderate Buy" from the twelve analysts that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating, six have issued a buy rating and two have given a strong buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $33.3333.

A number of equities research analysts have recently issued reports on CAE shares. Jefferies Financial Group reduced their price target on shares of CAE from $31.00 to $27.00 and set a "hold" rating on the stock in a research note on Friday, April 17th. TD Securities reaffirmed a "buy" rating on shares of CAE in a research note on Tuesday, February 17th. Zacks Research downgraded shares of CAE from a "hold" rating to a "strong sell" rating in a research note on Tuesday, April 14th. Canaccord Genuity Group assumed coverage on shares of CAE in a research note on Friday, March 13th. They set a "buy" rating on the stock. Finally, Stifel Nicolaus assumed coverage on shares of CAE in a research note on Wednesday, March 4th. They set a "buy" rating on the stock.

Institutional Investors Weigh In On CAE

Several large investors have recently added to or reduced their stakes in the business. State of Wyoming increased its stake in CAE by 2.8% during the 4th quarter. State of Wyoming now owns 13,007 shares of the aerospace company's stock worth $396,000 after buying an additional 352 shares during the period. Sanctuary Advisors LLC increased its position in shares of CAE by 3.0% in the 4th quarter. Sanctuary Advisors LLC now owns 12,596 shares of the aerospace company's stock valued at $383,000 after purchasing an additional 371 shares during the last quarter. Sequoia Financial Advisors LLC increased its position in shares of CAE by 0.8% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 50,079 shares of the aerospace company's stock valued at $1,484,000 after purchasing an additional 394 shares during the last quarter. United Services Automobile Association increased its position in shares of CAE by 4.5% in the 1st quarter. United Services Automobile Association now owns 10,822 shares of the aerospace company's stock valued at $265,000 after purchasing an additional 462 shares during the last quarter. Finally, Lansforsakringar Fondforvaltning AB publ increased its position in shares of CAE by 0.8% in the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 59,684 shares of the aerospace company's stock valued at $1,768,000 after purchasing an additional 489 shares during the last quarter. 67.36% of the stock is owned by hedge funds and other institutional investors.

CAE Price Performance

CAE stock opened at $25.32 on Friday. The company's 50 day simple moving average is $27.76 and its 200-day simple moving average is $28.90. The company has a market capitalization of $8.15 billion, a price-to-earnings ratio of 30.51, a price-to-earnings-growth ratio of 2.86 and a beta of 1.13. CAE has a 1 year low of $23.88 and a 1 year high of $34.24. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.69 and a current ratio of 0.91.

CAE (NYSE:CAE - Get Free Report) TSE: CAE last released its quarterly earnings results on Thursday, February 12th. The aerospace company reported $0.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.22 by $0.02. The business had revenue of $911.78 million for the quarter, compared to the consensus estimate of $922.62 million. CAE had a net margin of 7.70% and a return on equity of 7.75%. The business's revenue was up 2.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.29 EPS. As a group, equities research analysts expect that CAE will post 0.87 earnings per share for the current year.

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.

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