CAE Inc. (TSE:CAE - Get Free Report) NYSE: CAE passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$25.03 and traded as high as C$26.98. CAE shares last traded at C$26.96, with a volume of 550,081 shares trading hands.
Analyst Ratings Changes
A number of research firms recently commented on CAE. Royal Bank of Canada raised CAE from a "hold" rating to a "moderate buy" rating in a research report on Thursday, August 15th. National Bankshares decreased their target price on CAE from C$31.00 to C$29.00 and set an "outperform" rating for the company in a research report on Tuesday, July 30th. Desjardins decreased their target price on CAE from C$29.00 to C$28.00 and set a "hold" rating for the company in a research report on Wednesday, July 17th. Scotiabank raised their target price on CAE from C$29.00 to C$30.00 and gave the company a "sector perform" rating in a research report on Friday, November 1st. Finally, Canaccord Genuity Group decreased their target price on CAE from C$28.50 to C$27.00 in a research report on Thursday, August 15th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, CAE presently has an average rating of "Hold" and a consensus target price of C$30.60.
View Our Latest Analysis on CAE
CAE Trading Up 8.5 %
The company has a market cap of C$9.32 billion, a PE ratio of -27.29, a price-to-earnings-growth ratio of 1.76 and a beta of 1.91. The company has a current ratio of 0.89, a quick ratio of 0.71 and a debt-to-equity ratio of 74.24. The firm has a fifty day moving average of C$25.03 and a two-hundred day moving average of C$25.38.
CAE (TSE:CAE - Get Free Report) NYSE: CAE last issued its quarterly earnings results on Tuesday, August 13th. The company reported C$0.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of C$0.20 by C$0.01. The firm had revenue of C$1.07 billion during the quarter, compared to the consensus estimate of C$1.05 billion. CAE had a negative return on equity of 7.43% and a negative net margin of 7.39%.
CAE Company Profile
(
Get Free Report)
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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