CAE Inc (NYSE:CAE) Receives Consensus Rating of “Hold” from Analysts

CAE Inc (NYSE:CAE) (TSE:CAE) has earned a consensus rating of “Hold” from the ten brokerages that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $31.00.

Several equities research analysts recently commented on the stock. Zacks Research upgraded shares of CAE from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 13th. Wall Street Zen cut shares of CAE from a “buy” rating to a “hold” rating in a research note on Saturday, June 20th. Jefferies Financial Group reaffirmed a “hold” rating on shares of CAE in a report on Thursday, August 13th. Morgan Stanley lowered CAE from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, July 15th. Finally, National Bank Financial reissued an “outperform” rating on shares of CAE in a research report on Friday, May 22nd.

Institutional Investors Weigh In On CAE

Several large investors have recently modified their holdings of CAE. Caisse de depot et placement du Quebec acquired a new position in CAE in the second quarter valued at $773,834,000. Brandes Investment Partners LP grew its holdings in CAE by 1.1% during the 4th quarter. Brandes Investment Partners LP now owns 15,157,988 shares of the aerospace company’s stock worth $461,107,000 after acquiring an additional 168,074 shares during the period. Vanguard Group Inc. raised its position in shares of CAE by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 13,380,797 shares of the aerospace company’s stock worth $406,923,000 after acquiring an additional 229,270 shares in the last quarter. FIL Ltd raised its position in shares of CAE by 21.9% in the 4th quarter. FIL Ltd now owns 10,422,522 shares of the aerospace company’s stock worth $316,955,000 after acquiring an additional 1,874,739 shares in the last quarter. Finally, Select Equity Group L.P. lifted its stake in shares of CAE by 0.6% in the 2nd quarter. Select Equity Group L.P. now owns 7,909,738 shares of the aerospace company’s stock valued at $231,350,000 after purchasing an additional 45,754 shares during the period. 67.36% of the stock is currently owned by institutional investors and hedge funds.

CAE Stock Up 0.7%

Shares of CAE opened at $23.72 on Friday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.77 and a current ratio of 0.96. CAE has a 52 week low of $22.76 and a 52 week high of $34.24. The stock has a market capitalization of $7.60 billion, a price-to-earnings ratio of 33.41, a PEG ratio of 2.85 and a beta of 1.01. The stock has a fifty day moving average of $25.53 and a 200-day moving average of $26.35.

CAE (NYSE:CAE) (TSE:CAE) last issued its quarterly earnings data on Wednesday, August 12th. The aerospace company reported $0.19 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.02. The business had revenue of $826.42 million for the quarter, compared to analyst estimates of $796.86 million. CAE had a return on equity of 7.45% and a net margin of 6.36%.CAE’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.21 EPS. CAE has set its FY 2027 guidance at 0.870-0.920 EPS. As a group, sell-side analysts anticipate that CAE will post 0.87 earnings per share for the current fiscal year.

About CAE

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.