With 0.63 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.51 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 $28.92. Beta for the stock currently stands at 1.28.
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 -2.88%, but this was up by 3.62% over a month. Three-month performance surged to 1.34% while six-month performance rose 11.90%. The stock gained 22.95% in the past year, while it has lost -1.85% so far this year. A look at the trailing 12-month EPS for CAE yields 0.90 with Next year EPS estimates of 1.13. For the next quarter, that number is 0.14. This implies an EPS growth rate of 11.07% for this year and 17.64% for next year. EPS is expected to grow by 13.42% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 0.75%.
Float and Shares Shorts:
At present, 320.27 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.
