CAE Inc (NYSE:CAE) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of CAE Inc (NYSE:CAE) (TSE:CAE) have been assigned an average rating of “Moderate Buy” from the eleven research firms that are covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $32.00.

A number of brokerages have issued reports on CAE. Jefferies Financial Group lowered their target price on CAE from $31.00 to $27.00 and set a “hold” rating for the company in a report on Friday, April 17th. National Bank Financial reaffirmed an “outperform” rating on shares of CAE in a report on Friday, May 22nd. Zacks Research raised CAE from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 13th. Stifel Nicolaus began coverage on CAE in a report on Wednesday, March 4th. They issued a “buy” rating for the company. Finally, Canaccord Genuity Group began coverage on CAE in a report on Friday, March 13th. They issued a “buy” rating for the company.

Hedge Funds Weigh In On CAE

Institutional investors and hedge funds have recently bought and sold shares of the company. Transamerica Financial Advisors LLC increased its holdings in CAE by 170.7% in the 4th quarter. Transamerica Financial Advisors LLC now owns 1,267 shares of the aerospace company’s stock worth $39,000 after purchasing an additional 799 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in CAE in the 4th quarter worth about $41,000. CIBC Private Wealth Group LLC bought a new stake in shares of CAE in the 3rd quarter valued at about $42,000. Brown Brothers Harriman & Co. bought a new stake in shares of CAE in the 4th quarter valued at about $47,000. Finally, Parallel Advisors LLC grew its position in shares of CAE by 46.6% in the 1st quarter. Parallel Advisors LLC now owns 2,509 shares of the aerospace company’s stock valued at $65,000 after buying an additional 797 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 $25.32 on Monday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.77 and a current ratio of 0.96. CAE has a 52 week low of $22.76 and a 52 week high of $34.24. The stock has a market capitalization of $8.14 billion, a P/E ratio of 35.66, a price-to-earnings-growth ratio of 2.95 and a beta of 1.01. The stock has a fifty day moving average of $25.99 and a 200-day moving average of $28.50.

CAE (NYSE:CAE) (TSE:CAE) last posted its quarterly earnings results on Thursday, May 21st. The aerospace company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.01. CAE had a return on equity of 7.45% and a net margin of 6.36%.The company had revenue of $953.79 million during the quarter, compared to analysts’ expectations of $924.83 million. During the same quarter in the previous year, the firm earned $0.47 EPS. CAE’s revenue was up 4.0% on a year-over-year basis. CAE has set its FY 2027 guidance at 0.880-0.930 EPS. On average, sell-side analysts expect that CAE will post 0.88 earnings per share for the current fiscal year.

About CAE

CAE Inc is a global leader in training and simulation technologies, headquartered in Montréal, Canada. The company specializes in the design and manufacture of high-fidelity flight simulators and training systems for civil aviation, defense and security, and healthcare markets. Leveraging advanced software and hardware integration, CAE delivers comprehensive training solutions that address pilot proficiency, mission readiness and patient safety across a wide range of platforms.

In civil aviation, CAE partners with major airlines, aircraft manufacturers and flight schools to provide pilot training services, courseware development and crew scheduling solutions.