News articles about CAE (NYSE:CAE) (TSE:CAE) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CAE earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned headlines about the aerospace company an impact score of 45.9944532148256 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of CAE (NYSE:CAE) opened at $18.41 on Wednesday. The stock has a market capitalization of $4,950.00, a price-to-earnings ratio of 20.23, a PEG ratio of 2.22 and a beta of 0.77. The company has a quick ratio of 1.23, a current ratio of 1.52 and a debt-to-equity ratio of 0.54. CAE has a 52 week low of $14.53 and a 52 week high of $19.11.
CAE (NYSE:CAE) (TSE:CAE) last announced its quarterly earnings data on Friday, February 9th. The aerospace company reported $0.22 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.22. The business had revenue of $704.40 million for the quarter, compared to analysts’ expectations of $729.98 million. CAE had a return on equity of 22.67% and a net margin of 17.02%. The company’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same period last year, the firm earned $0.26 earnings per share. analysts anticipate that CAE will post 0.84 EPS for the current year.
CAE announced that its Board of Directors has initiated a stock repurchase plan on Friday, February 9th that authorizes the company to repurchase 5,350,000 outstanding shares. This repurchase authorization authorizes the aerospace company to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s management believes its shares are undervalued.
Several analysts have recently issued reports on the company. ValuEngine cut CAE from a “buy” rating to a “hold” rating in a research note on Thursday, November 30th. Zacks Investment Research upgraded CAE from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a research note on Tuesday, November 14th. Finally, Royal Bank of Canada upgraded CAE from a “sector perform” rating to an “outperform” rating in a research note on Monday, February 12th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $21.33.
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CAE Company Profile
CAE Inc provides training for the civil aviation, defense and security, and healthcare markets. The Company designs and integrates training solutions. It operates through three segments: Civil Aviation Training Solutions, Defense and Security, and Healthcare. The Company provides training solutions for flight, cabin, maintenance and ground personnel in commercial, business and helicopter aviation, a range of flight simulation training devices, as well as ab initio pilot training and crew sourcing services.
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