CAE (CAE) Expected to Announce Quarterly Earnings on Thursday

CAE (NYSE:CAE) (TSE:CAE) will likely be releasing its 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. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

CAE Stock Performance

Shares of CAE stock opened at $23.70 on Thursday. CAE has a 12-month low of $15.95 and a 12-month high of $25.53. The business’s fifty day simple moving average is $23.95 and its 200-day simple moving average is $20.45. The company has a current ratio of 0.84, a quick ratio of 0.59 and a debt-to-equity ratio of 0.62. The company has a market cap of $7.58 billion, a PE ratio of -30.78, a PEG ratio of 1.77 and a beta of 1.72.

Wall Street Analyst Weigh In

CAE has been the topic of several recent analyst reports. National Bank Financial lowered CAE from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, January 22nd. StockNews.com upgraded shares of CAE from a “hold” rating to a “buy” rating in a report on Thursday, November 14th. Cibc World Mkts cut shares of CAE from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Desjardins upgraded shares of CAE from a “hold” rating to a “buy” rating in a research note on Monday, December 23rd. Finally, TD Securities cut shares of CAE from a “buy” rating to a “hold” rating in a report on Monday, January 6th. Seven equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, CAE presently has an average 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.