With 1.1 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.59 million shares. During the session, the Aerospace & Defense company that operates in wider Industrials sector, reached to the highest price of $22.1 whereas the lowest price it dropped to was $21.475. The 52-week range on CAE shows that it touched its highest point at $23.24 and its lowest point at $15.95 during that stretch. It currently has a 1-year price target of $22.18. Beta for the stock currently stands at 1.71.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CAE was up-trending over the past week, with a rise of 16.66%, but this was up by 16.84% over a month. Three-month performance surged to 26.31% while six-month performance rose 5.32%. The stock gained 4.37% in the past year, while it has gained 1.85% so far this year. A look at the trailing 12-month EPS for CAE yields -0.81 with Next year EPS estimates of 1.03. For the next quarter, that number is 0.21. This implies an EPS growth rate of 35.71% for this year and 19.69% for next year.
Float and Shares Shorts:
At present, 318.31 million CAE shares are outstanding with a float of 318.10 million shares on hand for trading. On 2024-10-31, short shares totaled 3.79 million, which was 119.00000000000001 higher than short shares on 1727654400. In addition to Mr. Marc Parent CM as the firm’s President, CEO & Director, Ms. Sonya Branco C.A., CPA serves as its Executive VP of Finance & CFO.
Institutional Ownership:
Through their ownership of 0.75947 of CAE’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, CAE reported revenue of $1072500000.0 and operating income of $109300000.0. The EBITDA in the recently reported quarter was $225800000.0 and diluted EPS was $0.15.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CAE since 7 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CAE analysts setting a high price target of 34.183 and a low target of 22.311, the average target price over the next 12 months is 28.247. Based on these targets, CAE could surge 55.45% to reach the target high and rise by 1.46% to reach the target low. Reaching the average price target will result in a growth of 28.45% from current levels.
Analysts have provided yearly estimates in a range of $1.34512 being high and $0.98952 being low. For CAE, this leads to a yearly average estimate of $1.17505. The surprise factor in the prior quarter was $0.2. Based on analyst estimates, the high estimate for the next quarter is $0.52 and the low estimate is $0.42. The average estimate for the next quarter is thus $0.47.
