CAE Inc. (NYSE:CAE) Receives Average Recommendation of "Hold" from Analysts

Shares of CAE Inc. (NYSE:CAE - Get Free Report) TSE: CAE have been given an average recommendation of "Hold" by the eleven analysts that are currently covering the company, Marketbeat.com reports. Eight equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $32.00.

Several analysts recently commented on the company. Desjardins raised CAE from a "hold" rating to a "buy" rating in a report on Monday, December 23rd. Bank of America raised shares of CAE from an "underperform" rating to a "neutral" rating in a research report on Friday, March 7th. Royal Bank of Canada restated an "outperform" rating and set a $43.00 target price on shares of CAE in a research report on Wednesday, March 12th. Cibc World Mkts downgraded shares of CAE from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, December 4th. Finally, TD Securities lowered CAE from a "buy" rating to a "hold" rating in a research note on Monday, January 6th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CAE. Asset Planning Inc acquired a new position in shares of CAE in the fourth quarter valued at about $30,000. Natixis acquired a new stake in CAE during the fourth quarter worth $38,000. UniSuper Management Pty Ltd acquired a new position in shares of CAE in the 4th quarter valued at $147,000. Allworth Financial LP lifted its position in CAE by 14.2% in the fourth quarter. Allworth Financial LP now owns 7,321 shares of the aerospace company's stock valued at $177,000 after buying an additional 913 shares during the last quarter. Finally, First Trust Advisors LP acquired a new stake in shares of CAE during the fourth quarter valued at about $213,000. 67.36% of the stock is currently owned by institutional investors.

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CAE Trading Up 0.9 %

NYSE:CAE traded up $0.22 during trading hours on Friday, hitting $25.54. The company had a trading volume of 318,372 shares, compared to its average volume of 554,222. The company has a market capitalization of $8.18 billion, a PE ratio of -49.12, a price-to-earnings-growth ratio of 1.94 and a beta of 1.74. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.86 and a quick ratio of 0.63. The stock has a 50-day moving average price of $24.41 and a 200 day moving average price of $22.12. CAE has a 52 week low of $15.95 and a 52 week high of $27.62.

CAE (NYSE:CAE - Get Free Report) TSE: CAE last released its quarterly earnings data on Thursday, February 13th. The aerospace company reported $0.21 earnings per share for the quarter, beating analysts' consensus estimates of $0.20 by $0.01. CAE had a negative net margin of 4.96% and a positive return on equity of 6.11%. On average, equities research analysts predict that CAE will post 0.83 EPS for the current fiscal year.

About CAE

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.