CAE (NYSE:CAE) (TSE:CAE) announced its quarterly earnings data on Friday. The aerospace company reported $0.44 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.22 by $0.22, Briefing.com reports. The business had revenue of $704.40 million for the quarter, compared to analyst estimates of $729.98 million. CAE had a net margin of 9.55% and a return on equity of 13.09%. The company’s revenue was up 3.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.26 EPS.
CAE (NYSE CAE) opened at $17.43 on Friday. The firm has a market cap of $4,641.75, a PE ratio of 22.19, a PEG ratio of 2.06 and a beta of 0.79. CAE has a 1-year low of $14.24 and a 1-year high of $19.00. The company has a current ratio of 1.69, a quick ratio of 1.34 and a debt-to-equity ratio of 0.55.
CAE has been the topic of several recent analyst reports. Zacks Investment Research upgraded shares of CAE from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a report on Tuesday, November 14th. ValuEngine lowered shares of CAE from a “buy” rating to a “hold” rating in a report on Thursday, November 30th. Finally, AltaCorp Capital reiterated a “hold” rating and set a $21.00 price objective on shares of CAE in a report on Sunday, November 12th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $21.33.
CAE Inc provides training for the civil aviation, defense and security, and healthcare markets. The Company designs and integrates training solutions. It operates through three segments: Civil Aviation Training Solutions, Defense and Security, and Healthcare. The Company provides training solutions for flight, cabin, maintenance and ground personnel in commercial, business and helicopter aviation, a range of flight simulation training devices, as well as ab initio pilot training and crew sourcing services.
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