CAE Inc (CAE) – What Are Investment Firms Thinking About This Stock?

CAE Inc (NYSE:CAE) (TSE:CAE) has earned an average recommendation of “Hold” from the eleven ratings firms that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $33.33.

CAE has been the subject of several research reports. Weiss Ratings downgraded shares of CAE from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, July 23rd. Barclays initiated coverage on shares of CAE in a report on Friday, October 9th. They issued an “overweight” rating and a $38.00 price objective for the company. Morgan Stanley cut CAE from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, July 15th. Finally, Jefferies Financial Group dropped their price objective on shares of CAE from $28.00 to $26.00 and set a “hold” rating on the stock in a research report on Tuesday, October 13th.

CAE Trading Down 0.1%

Shares of CAE stock opened at $25.00 on Friday. CAE has a twelve month low of $22.76 and a twelve month high of $34.24. The stock has a market cap of $7.99 billion, a price-to-earnings ratio of 35.21, a PEG ratio of 2.85 and a beta of 1.06. The company’s 50-day moving average price is $24.34 and its 200-day moving average price is $25.30. The company has a current ratio of 0.96, a quick ratio of 0.77 and a debt-to-equity ratio of 0.55.

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

Institutional Trading of CAE

Institutional investors and hedge funds have recently made changes to their positions in the company. Signaturefd LLC lifted its position in CAE by 18.5% during the 3rd quarter. Signaturefd LLC now owns 15,394 shares of the aerospace company’s stock worth $370,000 after acquiring an additional 2,402 shares during the period. Cardinal Point Capital Management ULC boosted its holdings in CAE by 2.9% in the 3rd quarter. Cardinal Point Capital Management ULC now owns 79,929 shares of the aerospace company’s stock valued at $1,928,000 after purchasing an additional 2,268 shares in the last quarter. Assenagon Asset Management S.A. increased its position in CAE by 3.0% during the 3rd quarter. Assenagon Asset Management S.A. now owns 34,874 shares of the aerospace company’s stock worth $841,000 after purchasing an additional 1,006 shares during the period. Burkett Asset Management Ltd acquired a new position in CAE during the third quarter worth $2,040,000. Finally, Legacy Wealth Asset Management LLC raised its position in CAE by 13.2% in the third quarter. Legacy Wealth Asset Management LLC now owns 34,854 shares of the aerospace company’s stock worth $837,000 after acquiring an additional 4,071 shares in the last quarter. 67.36% of the stock is owned by hedge funds and other institutional investors.

About CAE

CAE Inc is a Canadian technology company that develops simulation, training and operational-support solutions for the civil aviation, defense and security markets. Its products and services are designed to help organizations train personnel, evaluate mission readiness and improve safety and operational performance.

In civil aviation, CAE provides full-flight simulators, pilot and maintenance training, aviation training services and digital tools for airlines, business aviation operators and aircraft manufacturers.