CAE (CAE) Set to Announce Earnings on Wednesday

CAE (TSE:CAEGet Free Report) (NYSE:CAE) will issue its quarterly earnings data before the market opens on Wednesday, February 14th. Analysts expect the company to announce earnings of C$0.24 per share for the quarter.

CAE (TSE:CAEGet Free Report) (NYSE:CAE) last released its quarterly earnings results on Tuesday, November 14th. The company reported C$0.27 EPS for the quarter, topping the consensus estimate of C$0.20 by C$0.07. CAE had a return on equity of 6.88% and a net margin of 6.79%. The business had revenue of C$1.09 billion during the quarter, compared to analyst estimates of C$1.06 billion.

CAE Trading Up 3.2 %

CAE opened at C$27.30 on Wednesday. CAE has a 52 week low of C$25.69 and a 52 week high of C$33.87. The business has a fifty day simple moving average of C$27.83 and a 200-day simple moving average of C$29.70. The firm has a market cap of C$8.69 billion, a P/E ratio of 29.04, a P/E/G ratio of 1.76 and a beta of 1.87. The company has a quick ratio of 0.71, a current ratio of 0.94 and a debt-to-equity ratio of 71.38.

Analysts Set New Price Targets

Several research firms have recently commented on CAE. TD Securities lowered their price target on CAE from C$38.00 to C$36.00 and set a “buy” rating for the company in a research report on Friday, December 8th. National Bankshares decreased their target price on CAE from C$38.00 to C$36.00 and set an “outperform” rating for the company in a report on Wednesday, November 15th. Bank of America cut CAE from a “neutral” rating to an “underperform” rating and cut their price target for the company from C$37.00 to C$26.00 in a research note on Wednesday, November 29th. Scotiabank cut CAE from a “sector outperform” rating to a “sector perform” rating and cut their target price for the stock from C$36.50 to C$31.00 in a research report on Monday, January 22nd. Finally, Royal Bank of Canada cut their target price on CAE from C$37.00 to C$34.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 15th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$34.92.

View Our Latest Stock Report on CAE

CAE Company Profile

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CAE Inc, together with its subsidiaries, provides simulation training and critical operations support solutions in Canada, the United States, the United Kingdom, Europe, Asia, Oceania and Africa, and Rest of Americas. It operates through three segments: Civil Aviation, Defense and Security, and Healthcare.

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Earnings History for CAE (TSE:CAE)

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