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

CAE Inc (NYSE:CAE) (TSE:CAE) has been assigned a consensus rating of “Hold” from the ten ratings firms that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $31.00.

A number of analysts have weighed in on the company. Wall Street Zen downgraded CAE from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. Zacks Research raised CAE from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 13th. Jefferies Financial Group reaffirmed a “hold” rating and set a $26.00 target price on shares of CAE in a research note on Thursday, June 25th. Royal Bank Of Canada lowered their target price on CAE from $42.00 to $36.00 and set a “sector perform” rating for the company in a report on Tuesday, May 26th. Finally, Morgan Stanley lowered CAE from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, July 15th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of CAE. Transamerica Financial Advisors LLC increased its stake in CAE by 170.7% in the fourth quarter. Transamerica Financial Advisors LLC now owns 1,267 shares of the aerospace company’s stock valued at $39,000 after purchasing an additional 799 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of CAE in the 4th quarter valued at about $41,000. CIBC Private Wealth Group LLC acquired a new stake in shares of CAE in the 3rd quarter valued at about $42,000. Brown Brothers Harriman & Co. bought a new stake in CAE in the 4th quarter valued at about $47,000. Finally, Purpose Unlimited Inc. acquired a new position in CAE during the 4th quarter worth approximately $74,000. 67.36% of the stock is owned by institutional investors.

CAE Stock Up 1.5%

Shares of NYSE CAE opened at $27.19 on Tuesday. The company’s 50 day moving average price is $25.46 and its 200-day moving average price is $27.26. 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 company has a market capitalization of $8.74 billion, a P/E ratio of 38.30, a price-to-earnings-growth ratio of 2.85 and a beta of 1.01.

CAE (NYSE:CAE) (TSE:CAE) last posted its quarterly earnings data on Thursday, May 21st. The aerospace company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.01. CAE had a net margin of 6.36% and a return on equity of 7.45%. The company had revenue of $953.79 million during the quarter, compared to analysts’ expectations of $924.83 million. During the same period in the prior year, the company posted $0.47 earnings per share. CAE’s revenue for the quarter was up 4.0% compared to the same quarter last year. CAE has set its FY 2027 guidance at 0.880-0.930 EPS. Equities analysts forecast that CAE will post 0.87 earnings per share 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.