Cae Inc (NYSE: CAE) is -4.81% lower on its value in year-to-date trading and has touched a low of $15.95 and a high of $25.53 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 $24.06 in the last trading session, with the day’s gains setting it 0.1%.
Currently trading at $24.16, the stock is 0.13% and 5.04% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.24 million and changing 0.42% at the moment leaves the stock 22.65% off its SMA200. CAE registered 17.91% gain for a year compared to 6-month gain of 29.82%. The firm has a 50-day simple moving average (SMA 50) of $23.0 and a 200-day simple moving average (SMA200) of $19.69875.
The stock witnessed a 2.59% loss in the last 1 month and extending the period to 3 months gives it a 28.37%, and is 1.81% up 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 2.84% over the week and 2.65% over the month.
Cae Inc (CAE) has around 13000 employees, a market worth around $7.70B and $3.26B in sales. Fwd P/E is 23.96. Profit margin for the company is -7.86%. Distance from 52-week low is 51.47% and -5.37% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.84%).
with sales reaching $1.18B over the same period.The EPS is expected to grow by 33.68% this year, but quarterly earnings will post 8.00% year-over-year. Quarterly sales are estimated to grow 8.24% in year-over-year returns.
Cae Inc (CAE) Top Institutional Holders
397.0 institutions hold shares in Cae Inc (CAE), with institutional investors hold 75.83% of the company’s shares. The shares outstanding are 318.59M, and float is at 317.94M with Short Float at 1.56%. Institutions hold 75.71% of the Float.
The top institutional shareholder in the company is MACKENZIE FINANCIAL CORP with over 27.71 million shares valued at $514.7 million. The investor’s holdings represent 8.7079% of the CAE Shares outstanding. As of 2024-06-30, the second largest holder is CAISSE DE DEPOT ET PLACEMENT DU QUEBEC with 24.6 million shares valued at $456.9 million to account for 7.7325 of the shares outstanding. The other top investors are JARISLOWSKY, FRASER LTD which holds 22.25 million shares representing 6.9925% and valued at over $413.17 million, while BEUTEL, GOODMAN & CO LTD. holds 4.2845 of the shares totaling 13.63 million with a market value of $253.16 million.
Cae Inc (CAE) Insider Activity
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