Equities analysts expect Cae Inc (NYSE:CAE) (TSE:CAE) to post earnings of $0.27 per share for the current quarter, according to Zacks. Two analysts have made estimates for CAE’s earnings. CAE reported earnings of $0.22 per share during the same quarter last year, which would indicate a positive year over year growth rate of 22.7%. The firm is expected to report its next earnings report before the market opens on Friday, February 7th.

According to Zacks, analysts expect that CAE will report full-year earnings of $1.03 per share for the current financial year, with EPS estimates ranging from $1.01 to $1.06. For the next year, analysts expect that the firm will post earnings of $1.16 per share, with EPS estimates ranging from $1.14 to $1.18. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that cover CAE.

CAE (NYSE:CAE) (TSE:CAE) last announced its quarterly earnings data on Wednesday, November 13th. The aerospace company reported $0.28 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.09. CAE had a net margin of 9.41% and a return on equity of 14.44%. The firm had revenue of $896.80 million during the quarter, compared to analysts’ expectations of $850.51 million. During the same quarter last year, the business earned $0.23 earnings per share. The business’s revenue for the quarter was up 20.6% compared to the same quarter last year.

Several analysts recently commented on CAE shares. ValuEngine cut shares of CAE from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Zacks Investment Research cut shares of CAE from a “buy” rating to a “hold” rating in a research note on Tuesday. Eight analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $34.20.

A number of large investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in CAE by 2.5% during the 2nd quarter. Vanguard Group Inc. now owns 7,537,721 shares of the aerospace company’s stock valued at $202,464,000 after acquiring an additional 181,716 shares in the last quarter. USS Investment Management Ltd increased its holdings in CAE by 0.3% during the 3rd quarter. USS Investment Management Ltd now owns 6,049,669 shares of the aerospace company’s stock valued at $153,770,000 after acquiring an additional 17,339 shares in the last quarter. Invesco Ltd. increased its holdings in CAE by 1,080.6% during the 2nd quarter. Invesco Ltd. now owns 5,753,098 shares of the aerospace company’s stock valued at $154,529,000 after acquiring an additional 5,265,791 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its holdings in CAE by 1.4% during the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,432,129 shares of the aerospace company’s stock valued at $36,406,000 after acquiring an additional 19,818 shares in the last quarter. Finally, Sandler Capital Management increased its holdings in CAE by 28.0% during the 3rd quarter. Sandler Capital Management now owns 819,680 shares of the aerospace company’s stock valued at $20,820,000 after acquiring an additional 179,246 shares in the last quarter. Hedge funds and other institutional investors own 49.16% of the company’s stock.

Shares of NYSE CAE traded down $0.17 during midday trading on Monday, hitting $29.63. The company had a trading volume of 225,087 shares, compared to its average volume of 489,857. The company has a quick ratio of 0.84, a current ratio of 1.18 and a debt-to-equity ratio of 1.04. CAE has a twelve month low of $19.92 and a twelve month high of $29.99. The business has a 50-day simple moving average of $26.99 and a two-hundred day simple moving average of $26.25. The firm has a market capitalization of $7.92 billion, a price-to-earnings ratio of 31.19, a price-to-earnings-growth ratio of 2.89 and a beta of 0.79.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.084 per share. This is an increase from CAE’s previous quarterly dividend of $0.08. This represents a $0.34 annualized dividend and a yield of 1.13%. The ex-dividend date was Thursday, December 12th. CAE’s dividend payout ratio (DPR) is 34.74%.

About CAE

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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