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, implying a possible profit of 10.38 percent. The most pessimistic price target was 15.55, implying potential capital losses of -8.75 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -1.22 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
CAE has an estimated earnings growth rate of -12.91 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. 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. The current market price is above the trailing year's low by 31.29 percent, and 4.69 percent below the high. CAE has a price/earnings 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 market cap of CAE is $5.74 billion. CAE is estimated to release their earnings results for the quarter on 0000-00-00, days from today.