CAE Inc (NYSE:CAE) Given Average Rating of “Moderate Buy” by Brokerages

Shares of CAE Inc (NYSE:CAE) (TSE:CAE) have received an average recommendation of “Moderate Buy” from the eleven ratings firms that are currently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation, six have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $33.3333.

A number of equities analysts have issued reports on the stock. TD Securities reaffirmed a “buy” rating on shares of CAE in a research note on Tuesday, February 17th. National Bank Financial reiterated an “outperform” rating on shares of CAE in a report on Friday. Stifel Nicolaus initiated coverage on shares of CAE in a report on Wednesday, March 4th. They issued a “buy” rating on the stock. Weiss Ratings reiterated a “hold (c+)” rating on shares of CAE in a report on Friday, May 15th. Finally, Canaccord Genuity Group initiated coverage on shares of CAE in a report on Friday, March 13th. They issued a “buy” rating on the stock.

Institutional Investors Weigh In On CAE

Several hedge funds have recently bought and sold shares of the company. Bank of America Corp DE raised its holdings in CAE by 22.0% in the first quarter. Bank of America Corp DE now owns 1,701,002 shares of the aerospace company’s stock worth $44,311,000 after purchasing an additional 307,265 shares during the period. Anson Funds Management LP raised its holdings in CAE by 93.1% in the first quarter. Anson Funds Management LP now owns 280,000 shares of the aerospace company’s stock worth $7,296,000 after purchasing an additional 135,000 shares during the period. Janus Henderson Group PLC raised its holdings in CAE by 6.1% in the first quarter. Janus Henderson Group PLC now owns 52,104 shares of the aerospace company’s stock worth $1,355,000 after purchasing an additional 3,000 shares during the period. Amundi raised its holdings in shares of CAE by 58.5% during the first quarter. Amundi now owns 587,632 shares of the aerospace company’s stock worth $15,308,000 after acquiring an additional 216,824 shares during the period. Finally, Quantinno Capital Management LP raised its holdings in shares of CAE by 33.8% during the first quarter. Quantinno Capital Management LP now owns 144,071 shares of the aerospace company’s stock worth $3,753,000 after acquiring an additional 36,372 shares during the period. 67.36% of the stock is currently owned by institutional investors and hedge funds.

CAE Price Performance

Shares of CAE stock opened at $23.16 on Thursday. CAE has a 52-week low of $22.76 and a 52-week high of $34.24. The stock has a market cap of $7.45 billion, a PE ratio of 32.62, a PEG ratio of 2.66 and a beta of 1.03. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.69 and a current ratio of 0.91. The firm’s 50 day moving average price is $26.40 and its two-hundred day moving average price is $28.63.

CAE (NYSE:CAE) (TSE:CAE) last announced its quarterly earnings data on Thursday, May 21st. The aerospace company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.01. CAE had a net margin of 6.36% and a return on equity of 7.55%. The firm had revenue of $953.79 million for the quarter, compared to analysts’ expectations of $924.83 million. During the same period last year, the firm earned $0.47 earnings per share. The business’s revenue for the quarter was up 4.0% on a year-over-year basis. CAE has set its FY 2027 guidance at 0.880-0.930 EPS. As a group, analysts forecast that CAE will post 0.91 EPS for the current 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.