CAE Inc. (TSE:CAE) Given Consensus Rating of "Moderate Buy" by Brokerages

CAE Inc. (TSE:CAE - Get Free Report) NYSE: CAE has been assigned a consensus rating of "Moderate Buy" from the eight ratings firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and six have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is C$32.80.

A number of analysts have weighed in on CAE shares. Scotiabank reduced their price target on CAE from C$31.00 to C$30.00 and set a "sector perform" rating for the company in a research report on Thursday, February 15th. Canaccord Genuity Group dropped their price objective on CAE from C$36.00 to C$34.00 and set a "buy" rating on the stock in a research note on Thursday, February 15th. National Bankshares dropped their price objective on CAE from C$34.00 to C$32.00 and set an "outperform" rating on the stock in a research note on Tuesday. CIBC dropped their price objective on CAE from C$37.00 to C$32.00 and set an "outperform" rating on the stock in a research note on Thursday, February 15th. Finally, TD Securities dropped their price objective on CAE from C$36.00 to C$34.00 and set a "buy" rating on the stock in a research note on Thursday, February 15th.

CAE Stock Down 0.3 %

CAE traded down C$0.09 during trading on Wednesday, reaching C$26.04. 557,053 shares of the stock traded hands, compared to its average volume of 575,936. The stock has a market cap of C$8.29 billion, a price-to-earnings ratio of 30.17, a price-to-earnings-growth ratio of 1.76 and a beta of 1.91. CAE has a fifty-two week low of C$24.75 and a fifty-two week high of C$33.87. The company has a debt-to-equity ratio of 67.89, a current ratio of 0.90 and a quick ratio of 0.71. The stock's 50-day simple moving average is C$26.74 and its two-hundred day simple moving average is C$27.96.

CAE (TSE:CAE - Get Free Report) NYSE: CAE last released its quarterly earnings data on Wednesday, February 14th. The company reported C$0.24 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of C$0.24. CAE had a return on equity of 6.24% and a net margin of 6.13%. The firm had revenue of C$1.09 billion during the quarter, compared to analysts' expectations of C$1.09 billion. As a group, equities research analysts expect that CAE will post 1.2964371 EPS for the current year.

CAE Company Profile

CAE Inc, together with its subsidiaries, provides simulation training and critical operations support solutions in Canada, the United States, the United Kingdom, Europe, Asia, Oceania and Africa, and Rest of Americas. It operates through three segments: Civil Aviation, Defense and Security, and Healthcare.