CAE (TSE:CAE) (NYSE:CAE) had its price target hoisted by National Bank Financial from C$36.00 to C$37.00 in a research report report published on Thursday, BayStreet.CA reports. National Bank Financial currently has a sector perform rating on the stock. National Bank Financial also issued estimates for CAE’s Q3 2020 earnings at $0.36 EPS, FY2020 earnings at $1.33 EPS and FY2021 earnings at $1.55 EPS.
A number of other research analysts have also recently weighed in on the company. TD Securities raised their price target on CAE from C$34.00 to C$35.00 and gave the company a hold rating in a research report on Monday, September 9th. Raymond James reiterated a market perform rating and set a C$34.00 price objective on shares of CAE in a research report on Thursday. BMO Capital Markets dropped their price objective on CAE from C$36.00 to C$35.00 in a research report on Thursday, August 15th. Finally, Desjardins dropped their price objective on CAE from C$37.00 to C$36.00 in a research report on Thursday, August 15th.
CAE stock traded down C$0.51 during midday trading on Thursday, reaching C$35.49. The company’s stock had a trading volume of 391,260 shares, compared to its average volume of 527,553. CAE has a fifty-two week low of C$24.55 and a fifty-two week high of C$36.86. The company has a debt-to-equity ratio of 111.35, a quick ratio of 0.82 and a current ratio of 1.20. The stock’s 50 day simple moving average is C$33.21 and its 200 day simple moving average is C$34.03. The firm has a market capitalization of $9.14 billion and a PE ratio of 29.58.
CAE (TSE:CAE) (NYSE:CAE) last released its earnings results on Wednesday, August 14th. The company reported C$0.24 EPS for the quarter, missing analysts’ consensus estimates of C$0.27 by C($0.03). The business had revenue of C$825.60 million during the quarter, compared to the consensus estimate of C$840.00 million. Equities analysts predict that CAE will post 1.5399999 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date of this dividend is Thursday, December 12th. CAE’s payout ratio is 34.17%.
CAE Inc, together with its subsidiaries, provides training solutions for the civil aviation, defence and security, and healthcare markets worldwide. The company's Civil Aviation Training Solutions segment provides training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation; flight simulation training devices; and ab initio pilot training and crew sourcing services.
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