CAE Inc (NYSE:CAE) Receives $31.00 Average Price Target from Analysts

Shares of CAE Inc (NYSE:CAE) (TSE:CAE) have been assigned a consensus recommendation of “Hold” from the ten research firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $31.00.

A number of equities analysts have weighed in on CAE shares. Jefferies Financial Group restated a “hold” rating and set a $26.00 price objective 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. Morgan Stanley downgraded CAE from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, July 15th. Wall Street Zen lowered shares of CAE from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. Finally, Royal Bank Of Canada lowered their price target on CAE from $42.00 to $36.00 and set a “sector perform” rating for the company in a report on Tuesday, May 26th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. K.J. Harrison & Partners Inc acquired a new position in shares of CAE in the fourth quarter worth $1,222,000. Vanguard Group Inc. raised its stake in shares of CAE by 1.7% in the fourth quarter. Vanguard Group Inc. now owns 13,380,797 shares of the aerospace company’s stock valued at $406,923,000 after acquiring an additional 229,270 shares in the last quarter. Polar Asset Management Partners Inc. acquired a new stake in shares of CAE in the first quarter valued at $3,253,000. TD Waterhouse Canada Inc. boosted its holdings in CAE by 61.2% in the fourth quarter. TD Waterhouse Canada Inc. now owns 192,636 shares of the aerospace company’s stock valued at $5,849,000 after purchasing an additional 73,118 shares during the period. Finally, Legal & General Group Plc boosted its holdings in CAE by 15.0% in the fourth quarter. Legal & General Group Plc now owns 2,160,185 shares of the aerospace company’s stock valued at $65,779,000 after purchasing an additional 281,112 shares during the period. 67.36% of the stock is currently owned by hedge funds and other institutional investors.

CAE Stock Down 0.1%

CAE stock opened at $26.78 on Tuesday. CAE has a one year low of $22.76 and a one year high of $34.24. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.77 and a current ratio of 0.96. The firm’s fifty day moving average is $25.44 and its 200 day moving average is $27.26. The firm has a market cap of $8.61 billion, a PE ratio of 37.72, a P/E/G ratio of 2.85 and a beta of 1.01.

CAE (NYSE:CAE) (TSE:CAE) last issued its quarterly earnings data on Thursday, May 21st. The aerospace company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.01. The business had revenue of $953.79 million during the quarter, compared to the consensus estimate of $924.83 million. CAE had a net margin of 6.36% and a return on equity of 7.45%. The company’s revenue was up 4.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.47 earnings per share. CAE has set its FY 2027 guidance at 0.880-0.930 EPS. On average, research analysts forecast that CAE will post 0.87 EPS for the current 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.