CAE Inc (NYSE:CAE – Get Free Report) (TSE:CAE) has earned a consensus rating of “Moderate Buy” from the nine analysts that are currently covering the company, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $31.00.
CAE has been the subject of several research reports. Royal Bank Of Canada reduced their price objective on CAE from $42.00 to $36.00 and set a “sector perform” rating for the company in a research note on Tuesday, May 26th. Jefferies Financial Group reaffirmed a “hold” rating and set a $26.00 target price on shares of CAE in a research report on Thursday, June 25th. National Bank Financial reaffirmed an “outperform” rating on shares of CAE in a report on Friday, May 22nd. Zacks Research upgraded CAE from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 13th. Finally, Weiss Ratings raised CAE from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday.
Read Our Latest Stock Analysis on CAE
CAE Trading Up 0.3%
CAE (NYSE:CAE – Get Free Report) (TSE:CAE) last posted its quarterly earnings results on Thursday, May 21st. The aerospace company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.01. The firm had revenue of $953.79 million for the quarter, compared to analyst estimates of $924.83 million. CAE had a net margin of 6.36% and a return on equity of 7.45%. The firm’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.47 earnings per share. CAE has set its FY 2027 guidance at 0.880-0.930 EPS. On average, research analysts anticipate that CAE will post 0.88 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in CAE. State of Wyoming lifted its position in shares of CAE by 2.8% in the 4th quarter. State of Wyoming now owns 13,007 shares of the aerospace company’s stock valued at $396,000 after acquiring an additional 352 shares in the last quarter. Sanctuary Advisors LLC grew its position in CAE by 3.0% during the 4th quarter. Sanctuary Advisors LLC now owns 12,596 shares of the aerospace company’s stock worth $383,000 after purchasing an additional 371 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in CAE by 0.8% during the 1st quarter. Sequoia Financial Advisors LLC now owns 50,271 shares of the aerospace company’s stock valued at $1,310,000 after purchasing an additional 399 shares during the period. United Services Automobile Association raised its stake in CAE by 4.5% during the 1st quarter. United Services Automobile Association now owns 10,822 shares of the aerospace company’s stock valued at $265,000 after purchasing an additional 462 shares during the period. Finally, Creative Planning lifted its holdings in shares of CAE by 3.2% in the third quarter. Creative Planning now owns 16,423 shares of the aerospace company’s stock valued at $487,000 after purchasing an additional 507 shares in the last quarter. 67.36% of the stock is owned by hedge funds and other institutional investors.
CAE Company Profile
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.
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