Earnings results for CAE (NYSE:CAE)
Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at -0.02 and remained the same over the past month at -0.02. none raised and none lowered their forecast. For the fiscal year ending Mar 2021 , the consensus EPS* forecast has remained the same over the past week at 0.53 and remained the same over the past month at 0.53 . none raised and none lowered their forecast.
CAE last released its quarterly earnings results on May 22nd, 2020. The aerospace company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. The firm had revenue of $728.70 million for the quarter, compared to the consensus estimate of $719.25 million. CAE has generated $1.00 earnings per share over the last year and currently has a price-to-earnings ratio of 18.7. CAE has confirmed that its next quarterly earnings report will be published on Wednesday, August 12th, 2020.
Analyst Opinion on CAE (NYSE:CAE)
10 Wall Street analysts have issued ratings and price targets for CAE in the last 12 months. Their average twelve-month price target is $26.86, suggesting that the stock has a possible upside of 62.97%. The high price target for CAE is $40.00 and the low price target for CAE is $23.00. There are currently 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus rating of “Hold.”
CAE has received a consensus rating of Hold. The company’s average rating score is 2.30, and is based on 3 buy ratings, 7 hold ratings, and no sell ratings. According to analysts’ consensus price target of $26.86, CAE has a potential upside of 63.0% from its current price of $16.48. CAE has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.
Dividend Strength: CAE (NYSE:CAE)
CAE pays a meaningful dividend of 2.08%, higher than the bottom 25% of all stocks that pay dividends. CAE does not have a long track record of dividend growth. The dividend payout ratio of CAE is 33.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CAE will have a dividend payout ratio of 52.38% next year. This indicates that CAE will be able to sustain or increase its dividend.
Insiders buying/selling: CAE (NYSE:CAE)
In the past three months, CAE insiders have not sold or bought any company stock. Only 18.30% of the stock of CAE is held by insiders. 49.66% of the stock of CAE is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Earnings and Valuation of CAE (NYSE:CAE
Earnings for CAE are expected to grow by 18.87% in the coming year, from $0.53 to $0.63 per share. The P/E ratio of CAE is 18.73, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.09. The P/E ratio of CAE is 18.73, which means that it is trading at a less expensive P/E ratio than the Aerospace sector average P/E ratio of about 32.12. CAE has a PEG Ratio of 3.56. PEG Ratios above 1 indicate that a company could be overvalued. CAE has a P/B Ratio of 2.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
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