CAE (CAE) Expected to Announce Quarterly Earnings on Thursday

CAE (NYSE:CAE) (TSE:CAE) is expected to issue its quarterly earnings data after the market closes on Thursday, February 13th. Analysts expect CAE to post earnings of $0.20 per share and revenue of $1.18 billion for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

CAE Trading Down 1.2 %

CAE opened at $23.77 on Wednesday. CAE has a twelve month low of $15.95 and a twelve month high of $25.53. The company has a fifty day moving average of $23.98 and a 200-day moving average of $20.63. The stock has a market cap of $7.60 billion, a PE ratio of -30.86, a price-to-earnings-growth ratio of 1.79 and a beta of 1.72. The company has a quick ratio of 0.59, a current ratio of 0.84 and a debt-to-equity ratio of 0.62.

Analysts Set New Price Targets

Several research analysts have recently weighed in on CAE shares. StockNews.com lowered CAE from a “buy” rating to a “hold” rating in a research report on Tuesday. Cibc World Mkts downgraded CAE from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. Desjardins upgraded CAE from a “hold” rating to a “buy” rating in a report on Monday, December 23rd. TD Securities lowered shares of CAE from a “buy” rating to a “hold” rating in a research note on Monday, January 6th. Finally, National Bank Financial lowered shares of CAE from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, January 22nd. Eight equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, CAE has a consensus rating of “Hold” and a consensus target price of $25.00.

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.