CAE (NYSE:CAE) (TSE:CAE) issued its quarterly earnings results on Wednesday. The aerospace company reported $0.28 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.09, Fidelity Earnings reports. CAE had a return on equity of 13.94% and a net margin of 9.45%. The business had revenue of $896.80 million during the quarter, compared to analyst estimates of $850.51 million. During the same quarter in the prior year, the business posted $0.23 EPS. CAE’s revenue for the quarter was up 20.6% compared to the same quarter last year.

Shares of NYSE:CAE opened at $27.19 on Friday. The company has a current ratio of 1.20, a quick ratio of 0.87 and a debt-to-equity ratio of 1.03. CAE has a 12 month low of $17.82 and a 12 month high of $28.03. The company has a 50-day moving average price of $25.16 and a 200 day moving average price of $25.67. The company has a market cap of $6.90 billion, a price-to-earnings ratio of 28.62, a PEG ratio of 2.54 and a beta of 0.80.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be issued a $0.084 dividend. This is an increase from CAE’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend is Thursday, December 12th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.24%. CAE’s dividend payout ratio (DPR) is presently 34.74%.

A number of brokerages have issued reports on CAE. Zacks Investment Research upgraded CAE from a “hold” rating to a “buy” rating and set a $28.00 price target for the company in a research note on Monday, October 21st. Scotiabank upgraded CAE from a “sector perform” rating to a “buy” rating and set a $38.00 price target for the company in a research note on Friday, August 30th. Raymond James reiterated a “hold” rating on shares of CAE in a research note on Friday, August 16th. TD Securities increased their price target on CAE from $34.00 to $35.00 and gave the stock a “hold” rating in a research note on Monday, September 9th. Finally, ValuEngine lowered CAE from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Seven investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. CAE has a consensus rating of “Hold” and an average target price of $33.67.

CAE Company Profile

CAE Inc, together with its subsidiaries, provides training solutions for the civil aviation, defence and security, and healthcare markets worldwide. The company's Civil Aviation Training Solutions segment provides training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation; flight simulation training devices; and ab initio pilot training and crew sourcing services.

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Earnings History for CAE (NYSE:CAE)

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