CAE (CAE) Expected to Announce Earnings on Thursday

CAE (NYSE:CAE - Get Free Report) TSE: CAE is expected to be releasing its earnings data after the market closes on Thursday, February 13th. Analysts expect CAE to post earnings of $0.20 per share and revenue of $1.18 billion for the quarter. Parties that wish to listen to the company's conference call can do so using this link.

CAE Price Performance

Shares of CAE stock traded up $0.08 on Friday, reaching $23.83. 497,329 shares of the stock were exchanged, compared to its average volume of 472,440. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.59 and a current ratio of 0.84. The firm has a market cap of $7.62 billion, a PE ratio of -30.95, a P/E/G ratio of 1.79 and a beta of 1.72. The firm's 50 day moving average is $23.96 and its 200-day moving average is $20.55. CAE has a one year low of $15.95 and a one year high of $25.53.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on CAE. Desjardins raised CAE from a "hold" rating to a "buy" rating in a report on Monday, December 23rd. Cibc World Mkts lowered CAE from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 4th. National Bank Financial cut CAE from an "outperform" rating to a "sector perform" rating in a research report on Wednesday, January 22nd. StockNews.com raised shares of CAE from a "hold" rating to a "buy" rating in a report on Thursday, November 14th. Finally, TD Securities lowered shares of CAE from a "buy" rating to a "hold" rating in a report on Monday, January 6th. Seven equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $25.00.

CAE Company Profile

CAE Inc, together with its subsidiaries, provides simulation training and critical operations support solutions in Canada, the United States, the United Kingdom, Europe, Asia, the Oceania, Africa, and Rest of the Americas. It operates through two segments, Civil Aviation; and Defense and Security. The Civil Aviation segment offers training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation; a range of flight simulation training devices; and ab initio pilot training and crew sourcing services, as well as aircraft flight operations solutions.