Wall Street brokerages expect that Cae Inc (NYSE:CAE) (TSE:CAE) will announce $0.20 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for CAE’s earnings. The highest EPS estimate is $0.22 and the lowest is $0.18. CAE posted earnings per share of $0.17 during the same quarter last year, which would suggest a positive year over year growth rate of 17.6%. The company is expected to announce its next quarterly earnings results on Friday, November 9th.
On average, analysts expect that CAE will report full-year earnings of $0.94 per share for the current year, with EPS estimates ranging from $0.92 to $0.97. For the next financial year, analysts anticipate that the company will report earnings of $1.05 per share, with EPS estimates ranging from $1.03 to $1.09. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research firms that follow CAE.
CAE (NYSE:CAE) (TSE:CAE) last posted its earnings results on Tuesday, August 14th. The aerospace company reported $0.26 EPS for the quarter, beating the Zacks’ consensus estimate of $0.20 by $0.06. CAE had a net margin of 12.36% and a return on equity of 13.48%. The company had revenue of $722.00 million during the quarter, compared to analysts’ expectations of $729.04 million. During the same quarter in the prior year, the company posted $0.22 earnings per share. CAE’s revenue for the quarter was up 10.0% compared to the same quarter last year.
NYSE:CAE traded down $0.08 during midday trading on Monday, reaching $20.35. 2,557 shares of the stock traded hands, compared to its average volume of 116,083. CAE has a 12-month low of $16.60 and a 12-month high of $21.70. The company has a quick ratio of 1.05, a current ratio of 1.42 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $5.46 billion, a price-to-earnings ratio of 23.38, a PEG ratio of 2.17 and a beta of 0.67.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 28th. Shareholders of record on Friday, September 14th will be issued a $0.077 dividend. The ex-dividend date is Thursday, September 13th. This represents a $0.31 dividend on an annualized basis and a dividend yield of 1.51%. This is a boost from CAE’s previous quarterly dividend of $0.07. CAE’s dividend payout ratio (DPR) is currently 35.63%.
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Gulf International Bank UK Ltd raised its holdings in shares of CAE by 4.4% in the second quarter. Gulf International Bank UK Ltd now owns 83,069 shares of the aerospace company’s stock worth $1,727,000 after buying an additional 3,500 shares during the last quarter. AMP Capital Investors Ltd increased its stake in shares of CAE by 4.7% in the second quarter. AMP Capital Investors Ltd now owns 120,390 shares of the aerospace company’s stock worth $2,501,000 after acquiring an additional 5,389 shares during the period. Citadel Advisors LLC increased its stake in shares of CAE by 55.3% in the first quarter. Citadel Advisors LLC now owns 16,940 shares of the aerospace company’s stock worth $315,000 after acquiring an additional 6,033 shares during the period. RNC Capital Management LLC acquired a new stake in shares of CAE in the second quarter worth $208,000. Finally, Lenox Wealth Management Inc. increased its stake in shares of CAE by 5.5% in the second quarter. Lenox Wealth Management Inc. now owns 197,613 shares of the aerospace company’s stock worth $4,104,000 after acquiring an additional 10,231 shares during the period. 48.89% of the stock is owned by institutional investors and hedge funds.
CAE Inc, together with its subsidiaries, designs, manufactures, and supplies simulation equipment worldwide. It operates through three segments: Civil Aviation Training Solutions, Defence and Security, and Healthcare. The Civil Aviation Training Solutions segment provides training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation; flight simulation training devices; and ab initio pilot training and crew sourcing services.
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