Brokerages Set CAE Inc (NYSE:CAE) PT at $32.00

CAE Inc (NYSE:CAE) (TSE:CAE) has been given an average rating of “Moderate Buy” by the eleven analysts that are currently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $32.00.

CAE has been the subject of a number of analyst reports. Zacks Research upgraded CAE from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 13th. 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 research report on Tuesday, May 26th. Weiss Ratings downgraded CAE from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 29th. Stifel Nicolaus initiated coverage on CAE in a research report on Wednesday, March 4th. They issued a “buy” rating for the company. Finally, Canaccord Genuity Group initiated coverage on CAE in a research report on Friday, March 13th. They issued a “buy” rating for the company.

Institutional Trading of CAE

Institutional investors have recently bought and sold shares of the stock. Transamerica Financial Advisors LLC lifted its position in CAE by 170.7% in the fourth quarter. Transamerica Financial Advisors LLC now owns 1,267 shares of the aerospace company’s stock worth $39,000 after buying an additional 799 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in shares of CAE during the fourth quarter worth $41,000. CIBC Private Wealth Group LLC bought a new stake in shares of CAE during the third quarter worth $42,000. Brown Brothers Harriman & Co. bought a new stake in shares of CAE during the fourth quarter worth $47,000. Finally, Parallel Advisors LLC lifted its position in shares of CAE by 46.6% during the first quarter. Parallel Advisors LLC now owns 2,509 shares of the aerospace company’s stock worth $65,000 after purchasing an additional 797 shares during the last quarter. 67.36% of the stock is currently owned by institutional investors.

CAE Stock Up 0.1%

NYSE CAE opened at $25.08 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. The company has a market capitalization of $8.06 billion, a P/E ratio of 35.33, a P/E/G ratio of 2.92 and a beta of 1.01. CAE has a one year low of $22.76 and a one year high of $34.24. The stock has a 50 day moving average price of $25.86 and a 200-day moving average price of $28.44.

CAE (NYSE:CAE) (TSE:CAE) last posted its earnings results on Thursday, May 21st. The aerospace company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.01. The firm had revenue of $953.79 million during the quarter, compared to the consensus estimate of $924.83 million. CAE had a return on equity of 7.45% and a net margin of 6.36%.The company’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.47 EPS. CAE has set its FY 2027 guidance at 0.880-0.930 EPS. As a group, equities analysts predict that CAE will post 0.88 EPS 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.