Brokerages Set CAE Inc (NYSE:CAE) PT at $31.00

CAE Inc (NYSE:CAE) (TSE:CAE) has received a consensus recommendation of “Hold” from the ten ratings firms that are covering the company, MarketBeat.com reports. One investment 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 twelve-month price target among brokerages that have issued a report on the stock in the last year is $31.00.

Several analysts recently commented on the stock. Wall Street Zen downgraded shares of CAE from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. Royal Bank Of Canada lowered their price target on shares of CAE from $42.00 to $36.00 and set a “sector perform” rating on the stock in a report on Tuesday, May 26th. Zacks Research upgraded shares of CAE from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 13th. Morgan Stanley cut CAE from an “equal weight” rating to an “underweight” rating in a report on Wednesday, July 15th. Finally, Weiss Ratings downgraded CAE from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, July 23rd.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CAE. State of Wyoming increased its position in CAE by 2.8% during the 4th quarter. State of Wyoming now owns 13,007 shares of the aerospace company’s stock worth $396,000 after buying an additional 352 shares during the period. Sanctuary Advisors LLC boosted its position in shares of CAE by 3.0% in the fourth quarter. Sanctuary Advisors LLC now owns 12,596 shares of the aerospace company’s stock valued at $383,000 after acquiring an additional 371 shares during the period. Sequoia Financial Advisors LLC grew its stake in shares of CAE by 0.8% in the first quarter. Sequoia Financial Advisors LLC now owns 50,271 shares of the aerospace company’s stock valued at $1,310,000 after acquiring an additional 399 shares in the last quarter. United Services Automobile Association grew its stake in shares of CAE by 4.5% in the first quarter. United Services Automobile Association now owns 10,822 shares of the aerospace company’s stock valued at $265,000 after acquiring an additional 462 shares in the last quarter. Finally, Creative Planning grew its stake in shares of CAE by 3.2% in the third quarter. Creative Planning now owns 16,423 shares of the aerospace company’s stock valued at $487,000 after acquiring an additional 507 shares in the last quarter. 67.36% of the stock is owned by institutional investors and hedge funds.

CAE Trading Down 0.5%

Shares of CAE stock opened at $24.16 on Friday. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.96 and a quick ratio of 0.77. The business has a fifty day simple moving average of $25.59 and a two-hundred day simple moving average of $26.46. CAE has a 1 year low of $22.76 and a 1 year high of $34.24. The company has a market capitalization of $7.74 billion, a price-to-earnings ratio of 34.03, a P/E/G ratio of 2.85 and a beta of 1.01.

CAE (NYSE:CAE) (TSE:CAE) last released its quarterly earnings data on Wednesday, August 12th. The aerospace company reported $0.19 EPS 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 the consensus estimate of $796.86 million. CAE had a net margin of 6.36% and a return on equity of 7.45%. The company’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.21 earnings per share. CAE has set its FY 2027 guidance at 0.870-0.920 EPS. Research analysts forecast that CAE will post 0.87 EPS for the current year.

CAE Company Profile

CAE Inc is a global leader in training and simulation technologies, headquartered in Montréal, Canada. The company specializes in the design and manufacture of high-fidelity flight simulators and training systems for civil aviation, defense and security, and healthcare markets. Leveraging advanced software and hardware integration, CAE delivers comprehensive training solutions that address pilot proficiency, mission readiness and patient safety across a wide range of platforms.

In civil aviation, CAE partners with major airlines, aircraft manufacturers and flight schools to provide pilot training services, courseware development and crew scheduling solutions.