CAE (NYSE:CAE) Receiving Somewhat Favorable News Coverage, Accern Reports
Media headlines about CAE (NYSE:CAE) (TSE:CAE) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. CAE earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned press coverage about the aerospace company an impact score of 45.0359043290079 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Civil Aviation and Military Training and Simulation Global Market by Volume & Segment Analysis 2017 & Forecast 2021 (emailwire.com)
- Unusual Activity Spotted in CAE Inc (CAE) – Stock Press Daily (stockpressdaily.com)
- Moving Average Focus on CAE Inc (CAE.TO) Shares – Evergreen Caller (evergreencaller.com)
- Trend Strength Monitor For CAE Inc (CAE) – Hayden Business Journal (haydenbusinessjournal.com)
- The Latest: Family of injured man says he’ll need surgery (bismarcktribune.com)
Several research analysts have issued reports on CAE shares. Zacks Investment Research raised CAE from a “hold” rating to a “buy” rating and set a $17.00 price objective on the stock in a report on Tuesday, April 18th. BidaskClub raised CAE from a “buy” rating to a “strong-buy” rating in a report on Friday, June 30th. Finally, TD Securities downgraded CAE from a “buy” rating to a “hold” rating in a report on Thursday, June 1st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. CAE has an average rating of “Hold” and a consensus target price of $19.14.
CAE (NYSE:CAE) opened at 17.00 on Friday. The firm’s 50-day moving average price is $17.13 and its 200 day moving average price is $15.69. The firm has a market cap of $4.56 billion, a P/E ratio of 23.07 and a beta of 0.86. CAE has a 12-month low of $12.98 and a 12-month high of $17.88.
CAE (NYSE:CAE) (TSE:CAE) last announced its quarterly earnings results on Wednesday, May 31st. The aerospace company reported $0.23 EPS for the quarter, beating the Zacks’ consensus estimate of $0.22 by $0.01. CAE had a return on equity of 13.96% and a net margin of 9.30%. The company had revenue of $734.70 million during the quarter, compared to analysts’ expectations of $748.41 million. During the same period in the prior year, the company earned $0.27 EPS. CAE’s revenue was up 1.7% compared to the same quarter last year. Analysts forecast that CAE will post $0.86 earnings per share for the current fiscal year.
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CAE Company Profile
CAE Inc provides training for the civil aviation, defense and security, and healthcare markets. The Company designs and integrates training solutions. It operates through three segments: Civil Aviation Training Solutions, Defense and Security, and Healthcare. The Company provides training solutions for flight, cabin, maintenance and ground personnel in commercial, business and helicopter aviation, a range of flight simulation training devices, as well as ab initio pilot training and crew sourcing services.
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