Somewhat Negative News Coverage Unlikely to Impact CAE (CAE) Stock Price

News articles about CAE (NYSE:CAE) (TSE:CAE) have been trending somewhat negative recently, according to InfoTrie. The research group identifies negative and positive press coverage by analyzing more than 6,000 news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. CAE earned a media sentiment score of -1.94 on their scale. InfoTrie also assigned media headlines about the aerospace company an news buzz score of 3 out of 10, meaning that recent press coverage is unlikely to have an effect on the company’s share price in the near future.

Here are some of the news articles that may have effected CAE’s analysis:

CAE stock opened at $18.46 on Friday. The company has a quick ratio of 1.05, a current ratio of 1.42 and a debt-to-equity ratio of 0.52. The company has a market capitalization of $4.81 billion, a price-to-earnings ratio of 21.22, a PEG ratio of 1.92 and a beta of 0.79. CAE has a 12 month low of $16.84 and a 12 month high of $21.70.

CAE (NYSE:CAE) (TSE:CAE) last posted its quarterly earnings results on Tuesday, August 14th. The aerospace company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.20 by $0.06. The firm had revenue of $722.00 million during the quarter, compared to analysts’ expectations of $729.04 million. CAE had a return on equity of 13.48% and a net margin of 12.36%. The company’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.22 EPS. As a group, analysts expect that CAE will post 0.94 earnings per share for the current fiscal year.

Several research firms have commented on CAE. ValuEngine cut CAE from a “buy” rating to a “hold” rating in a report on Tuesday, August 14th. Zacks Investment Research cut CAE from a “buy” rating to a “hold” rating in a report on Wednesday.

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About CAE

CAE Inc, together with its subsidiaries, designs, manufactures, and supplies simulation equipment worldwide. It operates through three segments: Civil Aviation Training Solutions, Defence and Security, and Healthcare. The 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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