CAE (NYSE:CAE – Get Rating) (TSE:CAE) issued its quarterly earnings data on Tuesday. The aerospace company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.06, Briefing.com reports. CAE had a return on equity of 6.49% and a net margin of 3.23%. The firm had revenue of $955.00 million during the quarter, compared to analyst estimates of $952.02 million. During the same quarter last year, the firm earned $0.18 EPS. CAE’s quarterly revenue was up 6.8% on a year-over-year basis.
Shares of CAE stock opened at $24.97 on Wednesday. The company has a market cap of $7.92 billion, a P/E ratio of 89.18, a PEG ratio of 3.41 and a beta of 1.58. The business has a 50 day moving average of $24.91 and a two-hundred day moving average of $25.20. CAE has a 52 week low of $20.96 and a 52 week high of $34.19. The company has a quick ratio of 0.89, a current ratio of 1.18 and a debt-to-equity ratio of 0.64.
A number of large investors have recently added to or reduced their stakes in the stock. BNP Paribas Arbitrage SA increased its position in CAE by 17.5% in the fourth quarter. BNP Paribas Arbitrage SA now owns 3,524 shares of the aerospace company’s stock worth $89,000 after buying an additional 524 shares during the period. Mitsubishi UFJ Trust & Banking Corp grew its stake in shares of CAE by 42.7% in the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 4,085 shares of the aerospace company’s stock worth $107,000 after purchasing an additional 1,223 shares during the last quarter. Group One Trading L.P. acquired a new stake in shares of CAE during the first quarter worth $180,000. Engineers Gate Manager LP purchased a new stake in CAE during the first quarter valued at about $205,000. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of CAE in the 1st quarter valued at approximately $242,000. Institutional investors and hedge funds own 58.19% of the company’s stock.
CAE Company Profile (Get Rating)
CAE Inc, together with its subsidiaries, designs, manufactures, and supplies simulation equipment and training solutions to defense and security markets, commercial airlines, business aircraft operators, helicopter operators, aircraft manufacturers, and healthcare education and service providers worldwide.
- Get a free copy of the StockNews.com research report on CAE (CAE)
- There Are Cracks In The Paint At Sherwin-Williams
- 3 Outperforming Energy Stocks with More in the Tank
- American Well Corporation Stock May Well Be Bottoming
- Three Beaten Down Stocks The Insiders Are Buying
- Should Medtronic Make the Cut For Your Recovery Watchlist?
Want More Great Investing Ideas?
- Bear Market Game Plan!
- The 10 Best Stocks to Own in 2022
- 7 Stocks to Buy and Hold Forever
- 3 Stocks to DOUBLE This Year
Receive News & Ratings for CAE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CAE and related companies with MarketBeat.com's FREE daily email newsletter.