CAE Inc (NYSE:CAE) Stock Has Consensus Price Target of $31.00

Shares of CAE Inc (NYSE:CAE) (TSE:CAE) have received an average recommendation of “Hold” from the ten research firms that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $31.00.

CAE has been the topic of several research analyst reports. Wall Street Zen lowered CAE from a “buy” rating to a “hold” rating in a research report on Saturday, June 20th. Morgan Stanley downgraded CAE from an “equal weight” rating to an “underweight” rating in a report on Wednesday, July 15th. Jefferies Financial Group reissued a “hold” rating on shares of CAE in a research note on Thursday, August 13th. Finally, Weiss Ratings cut CAE from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, July 23rd.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. State of Wyoming boosted its position in shares of CAE by 2.8% during the fourth quarter. State of Wyoming now owns 13,007 shares of the aerospace company’s stock valued at $396,000 after buying an additional 352 shares during the last quarter. Sequoia Financial Advisors LLC raised its position in CAE by 0.8% in the 1st quarter. Sequoia Financial Advisors LLC now owns 50,271 shares of the aerospace company’s stock valued at $1,310,000 after buying an additional 399 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in CAE by 6.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 9,997 shares of the aerospace company’s stock valued at $260,000 after acquiring an additional 570 shares in the last quarter. Parallel Advisors LLC lifted its stake in CAE by 46.6% during the 1st quarter. Parallel Advisors LLC now owns 2,509 shares of the aerospace company’s stock valued at $65,000 after acquiring an additional 797 shares in the last quarter. Finally, Lansforsakringar Fondforvaltning AB publ boosted its holdings in CAE by 1.8% during the 1st quarter. Lansforsakringar Fondforvaltning AB publ now owns 63,822 shares of the aerospace company’s stock worth $1,656,000 after acquiring an additional 1,136 shares during the last quarter. Institutional investors and hedge funds own 67.36% of the company’s stock.

CAE Price Performance

CAE stock opened at $24.25 on Wednesday. The firm has a market cap of $7.76 billion, a price-to-earnings ratio of 34.16, a PEG ratio of 2.85 and a beta of 1.01. The company has a quick ratio of 0.77, a current ratio of 0.96 and a debt-to-equity ratio of 0.55. CAE has a 12-month low of $22.76 and a 12-month high of $34.24. The company’s fifty day simple moving average is $25.16 and its 200 day simple moving average is $25.63.

CAE (NYSE:CAE) (TSE:CAE) last issued its quarterly earnings results on Wednesday, August 12th. The aerospace company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.02. CAE had a net margin of 6.36% and a return on equity of 7.45%. The business had revenue of $826.42 million for the quarter, compared to analysts’ expectations of $796.86 million. During the same quarter in the prior year, the firm posted $0.21 earnings per share. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. CAE has set its FY 2027 guidance at 0.870-0.920 EPS. On average, analysts expect that CAE will post 0.87 earnings per share for the current year.

CAE Company Profile

CAE Inc is a Canadian technology and training company headquartered in Montreal, Quebec. Founded in 1947, the company develops simulation, training and operational-support solutions for aviation, defense and other safety-critical industries.

In civil aviation, CAE provides flight simulators, pilot and crew training, aviation software and related services to airlines, business aviation operators, aircraft manufacturers and other aviation organizations. Its offerings are designed to support pilot training, aircraft qualification, operational readiness and workforce development.

CAE also provides simulation-based training and mission-support solutions for defense and security customers, including military organizations and government agencies.