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

Key Points

• Analysts have an average “Hold” rating on CAE, with five buys, four holds and one sell among 10 analysts. The average 12-month price target is $31.00, above the reported share price of $24.57.
• Recent analyst actions were mixed but leaned cautious, including Morgan Stanley’s downgrade to “Underweight” and Royal Bank of Canada’s target-price cut to $36.00.
• CAE exceeded quarterly expectations, reporting $0.19 in EPS versus the $0.17 consensus and $826.42 million in revenue versus estimates of $796.86 million; revenue rose 6.8% year over year.

Shares of CAE Inc (NYSE:CAE - Get Free Report) TSE: CAE have received an average recommendation of "Hold" from the ten analysts that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $31.00.

A number of research firms recently commented on CAE. Jefferies Financial Group restated a "hold" rating on shares of CAE in a report on Thursday, August 13th. Wall Street Zen lowered shares of CAE from a "buy" rating to a "hold" rating in a research note on Saturday, June 20th. Weiss Ratings downgraded shares of CAE from a "hold (c)" rating to a "hold (c-)" rating in a report on Thursday, July 23rd. Morgan Stanley cut shares of CAE from an "equal weight" rating to an "underweight" rating in a report on Wednesday, July 15th. Finally, Royal Bank Of Canada lowered their target price on shares of CAE from $42.00 to $36.00 and set a "sector perform" rating on the stock in a research report on Tuesday, May 26th.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in CAE. Integrated Wealth Concepts LLC acquired a new position in shares of CAE during the second quarter valued at about $36,000. Tacita Capital Inc acquired a new stake in CAE during the second quarter worth about $37,000. Parallel Advisors LLC increased its stake in CAE by 46.6% during the first quarter. Parallel Advisors LLC now owns 2,509 shares of the aerospace company's stock valued at $65,000 after acquiring an additional 797 shares during the period. Purpose Unlimited Inc. acquired a new position in CAE in the 4th quarter valued at approximately $74,000. Finally, Transamerica Financial Advisors LLC acquired a new position in CAE in the 2nd quarter valued at approximately $81,000. 67.36% of the stock is owned by institutional investors.

CAE Stock Up 0.1%

CAE stock opened at $24.57 on Wednesday. The company has a 50 day moving average of $25.17 and a two-hundred day moving average of $25.80. The company has a market cap of $7.87 billion, a price-to-earnings ratio of 34.61, a PEG ratio of 2.85 and a beta of 1.01. CAE has a 12-month low of $22.76 and a 12-month high of $34.24. The company has a quick ratio of 0.77, a current ratio of 0.96 and a debt-to-equity ratio of 0.55.

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

CAE Company Profile

CAE Inc is a Canadian technology company that develops simulation, training and mission-support solutions for the aviation and defense markets. Founded in 1947 and headquartered in Montréal, Québec, the company serves commercial airlines, business aviation operators, aircraft manufacturers, defense forces and government agencies worldwide.

In civil aviation, CAE provides flight simulators, pilot-training systems, aviation training services and digital tools designed to support pilot recruitment, instruction, certification and recurrent training.

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