Analyst Ratings for CAE Inc. (CAE)Updated: 2017-07-27
An average rating of Overweight has been given to CAE Inc. (NYSE:CAE) by analysts covering the stock. A consensus rating of Overweight was previously issued for CAE last month.
10 analysts issued ratings on the stock, where 3 gave CAE a buy rating, 0 issued an overweight rating, 7 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 2. During this time, the number of analysts bearish on the stock has increased by 0.
Many analysts weighed in on price targets for CAE. The maximum price target given was 18.81, which equates to a potential upside of 10.38 percent. The lowest price target was 15.55, implying a possible loss of -8.75 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.22 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
CAE has an estimated earnings growth rate of -12.91 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of CAE is -1.42.
In the last 52-weeks, CAE has achieved a high of 17.88 and a low of 12.98. Currently the stock is 31.29 percent higher than its low, and 4.69 percent lower than its 52-week high. CAE has a P/E ratio of 18.35. Investors typically compare the P/E ratio to a company's peers in the industry. The CAE value stock report compares CAE to some of its peers using value stock charts. The stock has a market capitalization of $5.74 billion. CAE's next earnings release will be on 0000-00-00, which is days away.