CAE Inc (NYSE:CAE) (TSE:CAE) has been assigned a consensus rating of “Hold” from the six research firms that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $22.00.

Several research firms have recently commented on CAE. AltaCorp Capital reaffirmed a “hold” rating and issued a $21.00 target price on shares of CAE in a research report on Sunday. Zacks Investment Research cut shares of CAE from a “buy” rating to a “hold” rating in a research report on Monday, August 14th. BidaskClub cut shares of CAE from a “hold” rating to a “sell” rating in a research report on Monday, July 31st. Finally, BMO Capital Markets raised shares of CAE from a “market perform” rating to an “outperform” rating and set a $23.00 price target for the company in a research report on Wednesday, August 30th. They noted that the move was a valuation call.

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Large investors have recently added to or reduced their stakes in the business. Advisor Group Inc. increased its stake in CAE by 89.8% during the 2nd quarter. Advisor Group Inc. now owns 7,091 shares of the aerospace company’s stock valued at $122,000 after purchasing an additional 3,354 shares in the last quarter. US Bancorp DE increased its stake in CAE by 38.1% during the 2nd quarter. US Bancorp DE now owns 12,012 shares of the aerospace company’s stock valued at $207,000 after purchasing an additional 3,311 shares in the last quarter. Campbell & CO Investment Adviser LLC bought a new stake in CAE during the 2nd quarter valued at about $225,000. Greenleaf Trust bought a new stake in CAE during the 2nd quarter valued at about $231,000. Finally, Citadel Advisors LLC bought a new stake in CAE during the 2nd quarter valued at about $248,000. Institutional investors and hedge funds own 53.03% of the company’s stock.

Shares of CAE (CAE) traded down $0.60 during trading on Monday, reaching $17.44. 654,900 shares of the company’s stock were exchanged, compared to its average volume of 299,472. The company has a market cap of $4,691.13, a price-to-earnings ratio of 22.36, a PEG ratio of 2.04 and a beta of 0.89. CAE has a 1-year low of $13.75 and a 1-year high of $18.25. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.24 and a current ratio of 1.58.

CAE (NYSE:CAE) (TSE:CAE) last posted its earnings results on Thursday, August 10th. The aerospace company reported $0.18 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.01). CAE had a return on equity of 13.35% and a net margin of 9.55%. The company had revenue of $699.00 million during the quarter, compared to analysts’ expectations of $699.76 million. During the same period in the prior year, the business posted $0.26 earnings per share. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. sell-side analysts expect that CAE will post 0.86 earnings per share for the current year.

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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