Shares of CAE Inc. (NYSE:CAE) (TSE:CAE) have been given a consensus rating of “Hold” by the fourteen analysts that are presently covering the stock. Eleven research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $18.75.

CAE has been the topic of a number of analyst reports. TD Securities reaffirmed a “buy” rating and set a $19.00 target price on shares of CAE in a research note on Thursday, August 11th. Desjardins reissued a “buy” rating and issued a $21.00 price objective (up previously from $20.00) on shares of CAE in a research note on Saturday, August 13th. Zacks Investment Research raised CAE from a “hold” rating to a “buy” rating and set a $16.00 price objective on the stock in a research note on Tuesday, September 20th. BMO Capital Markets reissued a “market perform” rating and issued a $18.00 price objective (up previously from $17.00) 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.

Hedge funds have recently modified their holdings of the stock. CGOV Asset Management acquired a new stake in shares of CAE during the third quarter valued at approximately $151,995,000. Mackenzie Financial Corp acquired a new stake in shares of CAE during the second quarter valued at approximately $75,492,000. Royal Bank of Canada raised its stake in shares of CAE by 37.5% in the first quarter. Royal Bank of Canada now owns 11,345,518 shares of the company’s stock valued at $131,382,000 after buying an additional 3,093,986 shares in the last quarter. Bank of Montreal Can acquired a new stake in shares of CAE during the second quarter valued at approximately $24,799,000. Finally, The Manufacturers Life Insurance Company acquired a new stake in shares of CAE during the third quarter valued at approximately $24,088,000. Hedge funds and other institutional investors own 60.09% of the company’s stock.

Shares of CAE (NYSE:CAE) opened at 14.68 on Tuesday. The firm has a 50 day moving average price of $14.25 and a 200-day moving average price of $13.46. CAE has a 12-month low of $9.34 and a 12-month high of $14.89. The company has a market cap of $3.94 billion, a price-to-earnings ratio of 22.90 and a beta of 0.90.

CAE (NYSE:CAE) last released its earnings results on Thursday, November 10th. The company reported $0.16 EPS for the quarter, meeting analysts’ consensus estimates of $0.16. The firm had revenue of $635.50 million for the quarter, compared to analysts’ expectations of $494.02 million. CAE had a return on equity of 13.19% and a net margin of 8.90%. The company’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.18 earnings per share. On average, equities analysts expect that CAE will post $0.72 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 30th. Stockholders of record on Thursday, December 15th will be issued a dividend of $0.0599 per share. The ex-dividend date is Tuesday, December 13th. This represents a $0.24 annualized dividend and a dividend yield of 1.63%. CAE’s dividend payout ratio is presently 36.92%.

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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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