CAE (NYSE:CAE) Share Price Crosses Above 200 Day Moving Average - Time to Sell?

Key Points

• CAE shares moved above their 200-day moving average of $26.55, reaching $26.95 before last trading at $26.64.
• Analyst views are mixed: MarketBeat reports a “Moderate Buy” consensus from seven Buy, three Hold, and one Sell rating, with a $33.33 average price target. Jefferies cut its target to $26 and Morgan Stanley downgraded the stock, while Barclays began coverage with an Overweight rating and a $38 target.
• In its latest reported quarter, CAE beat earnings and revenue estimates, posting $0.19 EPS and $826.42 million in revenue; year-over-year revenue increased 6.8%. Analysts expect $0.87 EPS for the current year, in line with the company’s FY 2027 guidance range of $0.87–$0.92.

CAE Inc (NYSE:CAE - Get Free Report) TSE: CAE shares crossed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $26.55 and traded as high as $26.95. CAE shares last traded at $26.64, with a volume of 351,315 shares traded.

Wall Street Analyst Weigh In

CAE has been the topic of a number of research analyst reports. Jefferies Financial Group cut their price target on shares of CAE from $28.00 to $26.00 and set a "hold" rating on the stock in a research report on Tuesday, October 13th. Morgan Stanley lowered CAE from an "equal weight" rating to an "underweight" rating in a research report on Wednesday, July 15th. Weiss Ratings downgraded CAE from a "hold (c)" rating to a "hold (c-)" rating in a research note on Thursday, July 23rd. Royal Bank Of Canada restated an "outperform" rating on shares of CAE in a research report on Wednesday, October 28th. Finally, Barclays started coverage on CAE in a research note on Friday, October 9th. They set an "overweight" rating and a $38.00 target price for the company. Seven investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, CAE currently has an average rating of "Moderate Buy" and a consensus price target of $33.33.

CAE Stock Performance

The company has a quick ratio of 0.77, a current ratio of 0.96 and a debt-to-equity ratio of 0.55. The firm has a market capitalization of $8.52 billion, a P/E ratio of 37.52, a price-to-earnings-growth ratio of 2.85 and a beta of 1.06. The company's 50 day moving average is $24.43 and its 200-day moving average is $26.55.

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 for the quarter, beating the consensus estimate of $0.17 by $0.02. The firm had revenue of $826.42 million for the quarter, compared to analyst estimates of $796.86 million. CAE had a net margin of 6.36% and a return on equity of 7.45%. The business's quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.21 earnings per share. CAE has set its FY 2027 guidance at 0.870-0.920 EPS. As a group, equities analysts anticipate that CAE Inc will post 0.87 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC grew its position in CAE by 218.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,435 shares of the aerospace company's stock valued at $34,000 after purchasing an additional 984 shares during the period. Integrated Wealth Concepts LLC bought a new stake in CAE during the 2nd quarter valued at $36,000. Tacita Capital Inc bought a new stake in CAE during the 2nd quarter valued at $37,000. Parallel Advisors LLC raised its holdings in CAE by 46.6% during the first quarter. Parallel Advisors LLC now owns 2,509 shares of the aerospace company's stock worth $65,000 after buying an additional 797 shares during the last quarter. Finally, Transamerica Financial Advisors LLC acquired a new position in CAE during the second quarter worth $81,000. Institutional investors own 67.36% of the company's stock.

About CAE

CAE Inc is a Canadian technology company that develops simulation, training and operational-support solutions for the civil aviation, defense and security markets. Its products and services are designed to help organizations train personnel, evaluate mission readiness and improve safety and operational performance.

In civil aviation, CAE provides full-flight simulators, pilot and maintenance training, aviation training services and digital tools for airlines, business aviation operators and aircraft manufacturers.

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