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NYSE:CAE

CAE (CAE) Stock Price, News & Analysis

CAE logo
$24.81 +0.26 (+1.06%)
(As of 12/24/2024 04:45 PM ET)

About CAE Stock (NYSE:CAE)

Key Stats

Today's Range
$24.43
$24.85
50-Day Range
$17.60
$24.81
52-Week Range
$15.95
$24.85
Volume
186,748 shs
Average Volume
580,853 shs
Market Capitalization
$7.90 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$25.00
Consensus Rating
Hold

Company Overview

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. The Defense and Security segment operates as a training and simulation provider that delivers platform-independent solutions to enable and enhance force readiness and security for defense forces, original equipment manufacturers (OEMs), government agencies, and public safety organizations. The company was formerly known as CAE Industries Ltd. and changed its name to CAE Inc. in 1993. CAE Inc. was incorporated in 1947 and is headquartered in Saint-Laurent, Canada.

CAE Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
33rd Percentile Overall Score

CAE MarketRank™: 

CAE scored higher than 33% of companies evaluated by MarketBeat, and ranked 43rd out of 54 stocks in the aerospace sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    CAE has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 6 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    CAE has only been the subject of 2 research reports in the past 90 days.

  • Read more about CAE's stock forecast and price target.
  • Earnings Growth

    Earnings for CAE are expected to grow by 16.28% in the coming year, from $0.86 to $1.00 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of CAE is -32.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of CAE is -32.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Growth Ratio

    CAE has a PEG Ratio of 1.73. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    CAE has a P/B Ratio of 2.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.35% of the float of CAE has been sold short.
  • Short Interest Ratio / Days to Cover

    CAE has a short interest ratio ("days to cover") of 7.2.
  • Change versus previous month

    Short interest in CAE has recently increased by 5.16%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    CAE does not currently pay a dividend.

  • Dividend Growth

    CAE does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on earnings estimates, CAE will have a dividend payout ratio of 32.90% next year. This indicates that CAE will be able to sustain or increase its dividend.

  • Read more about CAE's dividend.
  • Percentage of Shares Shorted

    1.35% of the float of CAE has been sold short.
  • Short Interest Ratio / Days to Cover

    CAE has a short interest ratio ("days to cover") of 7.2.
  • Change versus previous month

    Short interest in CAE has recently increased by 5.16%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    CAE has a news sentiment score of 0.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Aerospace companies.
  • News Coverage This Week

    MarketBeat has tracked 12 news articles for CAE this week, compared to 12 articles on an average week.
  • Search Interest

    6 people have searched for CAE on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added CAE to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, CAE insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    18.30% of the stock of CAE is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    67.36% of the stock of CAE is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about CAE's insider trading history.
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CAE Stock News Headlines

Altius, BlackBerry, CAE at 52-Week Highs
Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
CAE upgraded to Buy from Hold at Desjardins
Browning West Takes 4% CAE Stake to Sway CEO Succession
Browning West Takes 4% CAE Stake to Sway CEO Succession
See More Headlines

CAE Stock Analysis - Frequently Asked Questions

CAE's stock was trading at $21.59 at the beginning of the year. Since then, CAE shares have increased by 14.9% and is now trading at $24.81.
View the best growth stocks for 2024 here
.

CAE Inc. (NYSE:CAE) released its quarterly earnings data on Tuesday, August, 13th. The aerospace company reported $0.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.20 by $0.01. The business's revenue was up 6.0% on a year-over-year basis.

CAE subsidiaries include these companies: Luftfartsskolen AS, Pelesys Learning Systems Inc., Business Aircraft Training, Alpha Omega Change Engineering, Oxford Aviation Academy, Datamine, 9595058 Canada Inc., and more.

CAE's top institutional investors include National Bank of Canada FI (1.96%), FMR LLC (1.69%), Bank of Montreal Can (1.59%) and Nexus Investment Management ULC (0.47%).

Shares of CAE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that CAE investors own include Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Alibaba Group (BABA), Taiwan Semiconductor Manufacturing (TSM), McDonald's (MCD), Meta Platforms (META) and PepsiCo (PEP).

Company Calendar

Last Earnings
8/13/2024
Today
12/24/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Sector
Aerospace
Industry
Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry
Electrical Equipment
Employees
13,000
Year Founded
1947

Price Target and Rating

Average Stock Price Target
$25.00
High Stock Price Target
$29.00
Low Stock Price Target
$21.00
Potential Upside/Downside
+0.8%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
8 Analysts

Profitability

Net Income
$-225,350,000.00
Pretax Margin
-9.03%

Debt

Sales & Book Value

Annual Sales
$4.43 billion
Cash Flow
$1.60 per share
Book Value
$10.02 per share

Miscellaneous

Free Float
260,288,000
Market Cap
$7.90 billion
Optionable
Optionable
Beta
1.74

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This page (NYSE:CAE) was last updated on 12/25/2024 by MarketBeat.com Staff
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