CAE Inc. (TSE:CAE) Given Average Rating of “Moderate Buy” by Analysts

Shares of CAE Inc. (TSE:CAE) (NYSE:CAE) have been assigned a consensus recommendation of “Moderate Buy” from the eleven ratings firms that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation and ten have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is C$48.00.

Several research firms recently weighed in on CAE. Desjardins lifted their price target on CAE from C$48.00 to C$49.00 and gave the company a “buy” rating in a research report on Friday, August 14th. Canaccord Genuity Group increased their price objective on CAE from C$49.00 to C$50.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Royal Bank Of Canada raised CAE from a “hold” rating to a “moderate buy” rating in a research report on Monday. Scotia dropped their target price on shares of CAE from C$56.00 to C$50.00 and set a “sector outperform” rating on the stock in a report on Friday, May 22nd. Finally, National Bank Financial reduced their target price on shares of CAE from C$53.00 to C$49.00 and set an “outperform” rating on the stock in a research report on Monday, May 25th.

CAE Price Performance

CAE stock opened at C$35.91 on Friday. CAE has a 1 year low of C$31.42 and a 1 year high of C$47.65. The company has a market cap of C$11.56 billion, a P/E ratio of 40.35, a PEG ratio of 1.76 and a beta of 0.57. The firm has a 50-day moving average of C$36.08 and a 200 day moving average of C$37.15. The company has a debt-to-equity ratio of 59.43, a current ratio of 0.83 and a quick ratio of 0.71.

CAE (TSE:CAE) (NYSE:CAE) last posted its quarterly earnings data on Wednesday, August 12th. The company reported C$0.26 earnings per share for the quarter. CAE had a return on equity of 5.47% and a net margin of 5.75%.The business had revenue of C$1.17 billion for the quarter.

Insider Activity at CAE

In related news, Director Matthew Bromberg sold 64,710 shares of the business’s stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of C$35.60, for a total transaction of C$2,303,676.00. Following the sale, the director owned 46,915 shares of the company’s stock, valued at C$1,670,174. The trade was a 57.97% decrease in their ownership of the stock. Also, insider Pascal Grenier sold 2,434 shares of the company’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of C$35.39, for a total transaction of C$86,139.26. Following the completion of the sale, the insider owned 21,483 shares in the company, valued at approximately C$760,283.37. This trade represents a 10.18% decrease in their position. Insiders sold a total of 87,975 shares of company stock worth $3,127,182 over the last 90 days. 0.15% of the stock is currently owned by insiders.

CAE Company Profile

CAE Inc is a global company focused on delivering training for the civil aviation, defense, security, and healthcare markets. Multiple types of simulators and synthetic exercises may be sold to customers to serve as alternatives for live-training experiences. The company’s training solutions are provided through products and services. CAE has many different training locations where clients can be trained and educated through a series of programs. Additionally, part of the revenues come from supplying aviation personnel on a lease, along with providing aviation support organizations.