At the time of writing, Cae Inc. [CAE] stock is trading at $19.60, up 0.15%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CAE shares have gain 3.05% over the last week, with a monthly amount drifted -7.02%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Cae Inc. [NYSE: CAE] stock has seen the most recent analyst activity on January 22, 2024, when Scotiabank downgraded its rating to a Sector Perform. Previously, BofA Securities downgraded its rating to Underperform on November 29, 2023. On October 25, 2023, upgrade upgraded it’s rating to Buy. Morgan Stanley upgraded its rating to a Overweight. BofA Securities upgraded its rating to Neutral for this stock on June 06, 2022. In a note dated February 15, 2022, TD Securities upgraded an Buy rating on this stock.
For the past year, the stock price of Cae Inc. fluctuated between $18.26 and $25.04. Cae Inc. [NYSE: CAE] shares were valued at $19.60 at the most recent close of the market.
Analyzing the CAE fundamentals
According to Cae Inc. [NYSE:CAE], the company’s sales were 3.33B for trailing twelve months, which represents an 6.93% jump. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.05 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.69.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.47 points at the first support level, and at 19.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.71, and for the 2nd resistance point, it is at 19.83.
Cae Inc. [CAE] reported earnings per share of $0.18 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.18/share, meaning a difference of $0 and a surprise factor of 0.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.2 per share as compared to estimates of $0.15 per share, a difference of $0.05 representing a surprise of 33.30%.
Ratios To Look Out For
It is important to note that Cae Inc. [NYSE:CAE] has a current ratio of 0.90. In addition, the Quick Ratio stands at 0.68 and the Cash Ratio stands at 0.05. Considering the valuation of this stock, the price to sales ratio is 1.87, the price to book ratio is 1.77 and price to earnings (TTM) ratio is 30.26.
