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.
CAE was given price targets by several analysts. The most optimistic analyst gave a price target of 18.81, implying potential capital gains of 10.38 percent. The most pessimistic analyst gave a price target of 15.55, implying potential capital losses 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. The average change in earnings estimates over the last 90 days is 0 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of -1.22 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
The growth rate of CAE's earnings is estimated by analysts to be -12.91 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. CAE has a PEG ratio of -1.42.
In the last 52-weeks, CAE has achieved a high of 17.88 and a low of 12.98. Today's price is 31.29 percent above the 52-week low, and 4.69 percent lower than its 52-week 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 stock has a market capitalization of $5.74 billion. CAE's next earnings release will be on 0000-00-00, which is days away.