CAE (NYSE:CAE) (TSE:CAE) is scheduled to be releasing its earnings data before the market opens on Friday, May 17th. Analysts expect CAE to post earnings of $0.33 per share for the quarter.
CAE (NYSE:CAE) (TSE:CAE) last released its quarterly earnings results on Friday, February 8th. The aerospace company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.03). CAE had a return on equity of 13.27% and a net margin of 10.07%. The company had revenue of $816.00 million for the quarter, compared to the consensus estimate of $774.68 million. During the same quarter last year, the firm posted $0.44 earnings per share. The firm’s quarterly revenue was down 1.4% compared to the same quarter last year. On average, analysts expect CAE to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
CAE stock opened at $23.17 on Friday. CAE has a 52 week low of $16.96 and a 52 week high of $23.64. The stock has a market cap of $6.18 billion, a price-to-earnings ratio of 26.63, a P/E/G ratio of 2.18 and a beta of 0.95. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.79 and a current ratio of 1.10.
A number of research firms have commented on CAE. Zacks Investment Research upgraded shares of CAE from a “sell” rating to a “hold” rating in a research report on Tuesday. National Bank Financial downgraded shares of CAE from an “outperform” rating to a “sector perform” rating in a research report on Friday, April 26th. Finally, BMO Capital Markets restated a “buy” rating and set a $33.00 price target on shares of CAE in a research report on Tuesday, April 30th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. CAE currently has an average rating of “Hold” and a consensus price target of $29.10.
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.
See Also: Compound Annual Growth Rate (CAGR)
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