CAE (CAE) Scheduled to Post Earnings on Wednesday

CAE (NYSE:CAEGet Free Report) (TSE:CAE) is scheduled to release its earnings data before the market opens on Wednesday, February 14th. Analysts expect CAE to post earnings of $0.18 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

CAE (NYSE:CAEGet Free Report) (TSE:CAE) last announced its quarterly earnings results on Tuesday, November 14th. The aerospace company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.15 by $0.05. CAE had a return on equity of 7.90% and a net margin of 6.79%. The firm had revenue of $811.45 million for the quarter, compared to analyst estimates of $783.06 million. On average, analysts expect CAE to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

CAE Price Performance

Shares of CAE opened at $21.46 on Tuesday. The stock has a market capitalization of $6.83 billion, a PE ratio of 31.10, a PEG ratio of 1.67 and a beta of 1.61. The company has a 50 day moving average price of $20.79 and a 200-day moving average price of $21.91. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.67 and a current ratio of 0.94. CAE has a fifty-two week low of $18.89 and a fifty-two week high of $25.04.

Analyst Upgrades and Downgrades

CAE has been the topic of a number of recent research reports. Royal Bank of Canada dropped their target price on CAE from $37.00 to $34.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 15th. StockNews.com downgraded CAE from a “buy” rating to a “hold” rating in a research report on Monday. Scotiabank lowered shares of CAE from a “sector outperform” rating to a “sector perform” rating in a report on Monday, January 22nd. Finally, Bank of America cut CAE from a “neutral” rating to an “underperform” rating in a report on Wednesday, November 29th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $35.43.

Read Our Latest Research Report on CAE

Institutional Investors Weigh In On CAE

Institutional investors and hedge funds have recently modified their holdings of the company. Corient Private Wealth LLC raised its position in CAE by 55.9% during the fourth quarter. Corient Private Wealth LLC now owns 13,703 shares of the aerospace company’s stock worth $296,000 after acquiring an additional 4,914 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in CAE by 1.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 598,184 shares of the aerospace company’s stock valued at $12,915,000 after buying an additional 5,921 shares during the last quarter. Creative Planning purchased a new position in CAE during the third quarter worth $282,000. Ameriprise Financial Inc. raised its holdings in shares of CAE by 10.2% in the third quarter. Ameriprise Financial Inc. now owns 69,142 shares of the aerospace company’s stock worth $1,614,000 after acquiring an additional 6,400 shares during the last quarter. Finally, Northern Trust Corp lifted its position in shares of CAE by 8.7% in the third quarter. Northern Trust Corp now owns 161,351 shares of the aerospace company’s stock valued at $3,768,000 after acquiring an additional 12,939 shares in the last quarter. Institutional investors and hedge funds own 64.34% of the company’s stock.

CAE Company Profile

(Get Free Report)

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.

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Earnings History for CAE (NYSE:CAE)

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