CAE Inc. (NYSE: CAE) is -6.58% lower on its value in year-to-date trading and has touched a low of $20.96 and a high of $34.19 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CAE stock was last observed hovering at around $23.78 in the last trading session, with the day’s loss setting it -0.2% off its average median price target of $31.51 for the next 12 months. It is also 32.3% off the consensus price target high of $34.83 offered by 11 analysts, but current levels are 14.87% higher than the price target low of $27.70 for the same period.
Currently trading at $23.58, the stock is -2.31% and -2.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.13 million and changing -0.84% at the moment leaves the stock -9.55% off its SMA200. CAE registered -17.78% loss for a year compared to 6-month loss of -9.69%. The firm has a 50-day simple moving average (SMA 50) of $2.94 and a 200-day simple moving average (SMA200) of $17.15.
The stock witnessed a -2.80% gain in the last 1 month and extending the period to 3 months gives it a -7.27%, and is -5.79% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.48% over the week and 2.97% over the month.
CAE Inc. (CAE) has around 13000 employees, a market worth around $7.55B and $2.60B in sales. Current P/E ratio is 66.99 and Fwd P/E is 16.07. Profit margin for the company is 4.20%. Distance from 52-week low is 12.50% and -31.03% from its 52-week high. The company has generated returns on investments over the last 12 months (4.00%).
CAE Inc. (CAE) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for CAE Inc. (CAE) is a “Overweight”. 11 analysts offering their recommendations for the stock have an average rating of 2.10, where 3 rate it as a Hold and 0 think it is a “Overweight”. 8 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
CAE Inc. is expected to release its quarterly report on 11/10/2022.The EPS is expected to grow by 381.50% this year.
CAE Inc. (CAE) Top Institutional Holders
The shares outstanding are 316.88M, and float is at 316.84M with Short Float at 1.27%.
CAE Inc. (CAE) Insider Activity
A total of 169 insider transactions have happened at CAE Inc. (CAE) in the last six months, with sales accounting for 148 and purchases happening 21 times.
CAE Inc. (CAE): Who are the competitors?
The company’s main competitors (and peers) include Lockheed Martin Corporation (LMT) that is trading 6.23% up over the past 12 months. General Dynamics Corporation (GD) is 11.08% up on the 1-year trading charts.