Cae Inc (NYSE: CAE) is 5.52% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CAE stock was last observed hovering at around $23.51 in the last trading session, with the day’s gains setting it 3.27%.
Currently trading at $26.78, the stock is 11.15% and 11.75% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.85 million and changing 13.91% at the moment leaves the stock 32.88% off its SMA200. CAE registered 28.01% gain for a year compared to 6-month gain of 52.51%. The firm has a 50-day simple moving average (SMA 50) of $23.9632 and a 200-day simple moving average (SMA200) of $20.1536.
The stock witnessed a 11.26% loss in the last 1 month and extending the period to 3 months gives it a 38.54%, and is 12.52% 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 3.54% over the week and 2.90% over the month.
Cae Inc (CAE) has around 13000 employees, a market worth around $8.56B and $3.33B in sales. Fwd P/E is 26.63. Profit margin for the company is -5.32%. Distance from 52-week low is 67.90% and 4.90% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.19%).
with sales reaching $1.3B over the same period.The EPS is expected to grow by 33.03% this year, but quarterly earnings will post 10.34% year-over-year. Quarterly sales are estimated to grow 15.75% in year-over-year returns.
Cae Inc (CAE) Top Institutional Holders
397.0 institutions hold shares in Cae Inc (CAE), with institutional investors hold 78.11% of the company’s shares. The shares outstanding are 319.67M, and float is at 319.02M with Short Float at 1.53%. Institutions hold 77.94% 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 8.6049% 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 7.6411 of the shares outstanding. The other top investors are JARISLOWSKY, FRASER LTD which holds 22.25 million shares representing 6.9098% and valued at over $413.17 million, while BEUTEL, GOODMAN & CO LTD. holds 4.2338 of the shares totaling 13.63 million with a market value of $253.16 million.
Cae Inc (CAE) Insider Activity
#####
