With 0.6 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.52 million shares. The 52-week range on CAE shows that it touched its highest point at $27.62 and its lowest point at $15.95 during that stretch. It currently has a 1-year price target of $29.43. Beta for the stock currently stands at 1.27.
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 down-trending over the past week, with a drop of -1.08%, but this was up by 9.48% over a month. Three-month performance surged to 9.10% while six-month performance rose 33.25%. The stock gained 22.61% in the past year, while it has gained 1.06% so far this year. A look at the trailing 12-month EPS for CAE yields -0.56 with Next year EPS estimates of 1.15. For the next quarter, that number is 0.16. This implies an EPS growth rate of 14.39% for this year and 16.21% for next year.
Float and Shares Shorts:
At present, 319.67 million CAE shares are outstanding with a float of 319.09 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. 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. Based on analyst estimates, the high estimate for the next quarter is $0.25 and the low estimate is $0.23. The average estimate for the next quarter is thus $0.24.
