CAE (CAE) to Release Earnings on Thursday

CAE (NYSE:CAE) (TSE:CAE) is expected to be announcing its earnings results 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. Persons that wish to listen to the company’s earnings conference call can do so using this link.

CAE Trading Up 1.8 %

Shares of NYSE CAE opened at $23.70 on Thursday. CAE has a fifty-two week low of $15.95 and a fifty-two week high of $25.53. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.59 and a current ratio of 0.84. The company has a market cap of $7.58 billion, a price-to-earnings ratio of -30.78, a PEG ratio of 1.77 and a beta of 1.72. The business’s 50 day moving average price is $23.95 and its 200-day moving average price is $20.45.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on CAE. National Bank Financial downgraded CAE from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, January 22nd. Desjardins raised shares of CAE from a “hold” rating to a “buy” rating in a research report on Monday, December 23rd. StockNews.com raised shares of CAE from a “hold” rating to a “buy” rating in a research report on Thursday, November 14th. TD Securities lowered CAE from a “buy” rating to a “hold” rating in a report on Monday, January 6th. Finally, Cibc World Mkts downgraded CAE from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. Seven investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $25.00.

CAE Company Profile

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.