CAE Inc (CAE) - What Are Brokerages Saying About This Stock?

Key Points

• Analyst sentiment is mixed: Eleven analysts give CAE an average “Hold” rating, with six buys, four holds and one sell. The average 12-month price target is $33.33, ranging from Barclays’ $38 target to Jefferies’ reduced $26 target.
• CAE shares opened at $24.15, near the lower end of their 52-week range of $22.76–$34.24. The company trades at a 34.01 P/E ratio and has a $7.72 billion market capitalization.
• CAE’s latest quarterly results exceeded expectations, with EPS of $0.19 versus a $0.17 consensus and revenue of $826.42 million versus $796.86 million expected. Institutional investors own 67.36% of the company’s stock.

CAE Inc (NYSE:CAE - Get Free Report) TSE: CAE has earned an average rating of "Hold" from the eleven analysts that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $33.33.

Several brokerages have weighed in on CAE. Jefferies Financial Group lowered their target price on CAE from $28.00 to $26.00 and set a "hold" rating for the company in a report on Tuesday, October 13th. Weiss Ratings lowered CAE from a "hold (c)" rating to a "hold (c-)" rating in a research note on Thursday, July 23rd. Barclays initiated coverage on CAE in a report on Friday, October 9th. They issued an "overweight" rating and a $38.00 price objective for the company. Morgan Stanley downgraded CAE from an "equal weight" rating to an "underweight" rating in a report on Wednesday, July 15th. Finally, Wall Street Zen lowered shares of CAE from a "buy" rating to a "hold" rating in a research note on Saturday, June 20th.

CAE Stock Up 1.0%

Shares of NYSE CAE opened at $24.15 on Friday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.77 and a current ratio of 0.96. The firm has a market capitalization of $7.72 billion, a price-to-earnings ratio of 34.01, a PEG ratio of 2.85 and a beta of 1.06. The stock has a 50 day moving average price of $24.55 and a 200 day moving average price of $25.35. CAE has a 52-week low of $22.76 and a 52-week high of $34.24.

CAE (NYSE:CAE - Get Free Report) TSE: CAE last released its quarterly earnings data on Wednesday, August 12th. The aerospace company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.17 by $0.02. The company had revenue of $826.42 million for the quarter, compared to the consensus estimate of $796.86 million. CAE had a return on equity of 7.45% and a net margin of 6.36%. CAE's quarterly revenue was up 6.8% on a year-over-year basis. During the same period last year, the business posted $0.21 EPS. CAE has set its FY 2027 guidance at 0.870-0.920 EPS. Sell-side analysts expect that CAE will post 0.87 earnings per share for the current year.

Institutional Investors Weigh In On CAE

Several large investors have recently modified their holdings of the business. Farther Finance Advisors LLC boosted its holdings in CAE by 218.2% in the third quarter. Farther Finance Advisors LLC now owns 1,435 shares of the aerospace company's stock worth $34,000 after acquiring an additional 984 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of CAE during the second quarter worth about $36,000. Tacita Capital Inc acquired a new position in shares of CAE during the second quarter valued at about $37,000. Parallel Advisors LLC grew its position in CAE by 46.6% during the 1st quarter. Parallel Advisors LLC now owns 2,509 shares of the aerospace company's stock worth $65,000 after purchasing an additional 797 shares during the last quarter. Finally, Purpose Unlimited Inc. acquired a new position in CAE during the 4th quarter valued at approximately $74,000. Institutional investors own 67.36% of the company's stock.

CAE Company Profile

CAE Inc is a Canadian technology and training company headquartered in Montreal, Quebec. Founded in 1947, the company develops simulation, training and operational-support solutions for aviation, defense and other safety-critical industries.

In civil aviation, CAE provides flight simulators, pilot and crew training, aviation software and related services to airlines, business aviation operators, aircraft manufacturers and other aviation organizations. Its offerings are designed to support pilot training, aircraft qualification, operational readiness and workforce development.

CAE also provides simulation-based training and mission-support solutions for defense and security customers, including military organizations and government agencies.

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