CAE Inc. (NYSE:CAE – Free Report) (TSE:CAE) – Research analysts at Desjardins decreased their FY2025 earnings estimates for shares of CAE in a research report issued on Monday, February 17th. Desjardins analyst B. Poirier now anticipates that the aerospace company will earn $0.83 per share for the year, down from their previous forecast of $0.86. Desjardins has a “Buy” rating on the stock. The consensus estimate for CAE’s current full-year earnings is $0.83 per share.
CAE (NYSE:CAE – Get Free Report) (TSE:CAE) last announced its earnings results on Thursday, February 13th. The aerospace company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.01. CAE had a positive return on equity of 6.11% and a negative net margin of 4.96%.
CAE Stock Down 3.0 %
CAE stock opened at $25.92 on Thursday. CAE has a fifty-two week low of $15.95 and a fifty-two week high of $27.62. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.86 and a quick ratio of 0.63. The stock has a market capitalization of $8.29 billion, a price-to-earnings ratio of -49.85, a PEG ratio of 2.03 and a beta of 1.72. The business’s fifty day moving average price is $24.23 and its two-hundred day moving average price is $20.95.
Institutional Trading of CAE
Large investors have recently made changes to their positions in the company. Stanley Laman Group Ltd. lifted its stake in CAE by 6.7% during the third quarter. Stanley Laman Group Ltd. now owns 224,392 shares of the aerospace company’s stock worth $4,207,000 after purchasing an additional 14,169 shares during the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of CAE by 15.8% during the 3rd quarter. Assenagon Asset Management S.A. now owns 33,901 shares of the aerospace company’s stock worth $637,000 after buying an additional 4,621 shares in the last quarter. Legacy Wealth Asset Management LLC bought a new stake in shares of CAE during the 3rd quarter worth $662,000. Cromwell Holdings LLC lifted its position in shares of CAE by 103.4% during the 3rd quarter. Cromwell Holdings LLC now owns 1,800 shares of the aerospace company’s stock worth $34,000 after buying an additional 915 shares during the last quarter. Finally, Allworth Financial LP boosted its stake in CAE by 26.1% in the third quarter. Allworth Financial LP now owns 6,408 shares of the aerospace company’s stock valued at $120,000 after buying an additional 1,327 shares in the last quarter. Institutional investors and hedge funds own 67.36% of the company’s stock.
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.
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