Shares of CAE Inc. (NYSE:CAE) have been assigned a consensus rating of “Buy” from the fourteen ratings firms that are presently covering the stock. Seven analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $18.00.

CAE has been the topic of a number of research analyst reports. Zacks Investment Research raised CAE from a “hold” rating to a “buy” rating and set a $16.00 price target on the stock in a research note on Tuesday, September 20th. TD Securities lowered CAE from a “buy” rating to a “hold” rating and raised their price target for the stock from $19.00 to $19.50 in a research note on Monday, August 15th. Scotiabank reissued a “sector perform” rating and issued a $18.50 price target (up from $16.75) on shares of CAE in a research note on Saturday, August 13th. RBC Capital Markets reissued an “outperform” rating and issued a $19.00 price target (up from $18.00) on shares of CAE in a research note on Saturday, August 13th. Finally, Macquarie reissued a “neutral” rating on shares of CAE in a research note on Saturday, August 13th.

Shares of CAE (NYSE:CAE) traded up 1.40% during trading on Tuesday, hitting $14.50. The stock had a trading volume of 24,860 shares. The stock’s 50-day moving average price is $14.18 and its 200-day moving average price is $12.94. The company has a market cap of $3.90 billion, a P/E ratio of 20.48 and a beta of 0.99. CAE has a one year low of $9.34 and a one year high of $14.63.

CAE (NYSE:CAE) last posted its quarterly earnings data on Wednesday, August 10th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.06. The business had revenue of $651.60 million for the quarter, compared to analyst estimates of $464.69 million. CAE had a return on equity of 13.25% and a net margin of 9.76%. The business’s revenue for the quarter was up 17.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.19 earnings per share. On average, equities research analysts forecast that CAE will post $0.74 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 30th. Investors of record on Thursday, September 15th were issued a dividend of $0.0607 per share. This is an increase from CAE’s previous quarterly dividend of $0.06. This represents a $0.24 annualized dividend and a dividend yield of 1.70%. The ex-dividend date was Tuesday, September 13th. CAE’s dividend payout ratio (DPR) is presently 33.80%.

Several large investors have recently made changes to their positions in CAE. Aperio Group LLC increased its stake in shares of CAE by 4.0% in the first quarter. Aperio Group LLC now owns 90,358 shares of the company’s stock valued at $1,046,000 after buying an additional 3,479 shares during the last quarter. Canada Pension Plan Investment Board increased its stake in shares of CAE by 375,339.7% in the first quarter. Canada Pension Plan Investment Board now owns 435,510 shares of the company’s stock valued at $5,057,000 after buying an additional 435,394 shares during the last quarter. 1832 Asset Management L.P. increased its stake in shares of CAE by 1,083.9% in the first quarter. 1832 Asset Management L.P. now owns 1,416,213 shares of the company’s stock valued at $23,385,000 after buying an additional 1,296,589 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of CAE by 82.3% in the first quarter. Goldman Sachs Group Inc. now owns 828,286 shares of the company’s stock valued at $9,591,000 after buying an additional 374,029 shares during the last quarter. Finally, Legal & General Group Plc increased its stake in shares of CAE by 47.3% in the first quarter. Legal & General Group Plc now owns 219,344 shares of the company’s stock valued at $2,547,000 after buying an additional 70,400 shares during the last quarter. Institutional investors and hedge funds own 56.58% of the company’s stock.

About CAE

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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