Cae Inc (TSE:CAE) (NYSE:CAE) – Analysts at National Bank Financial raised their FY2021 earnings per share estimates for shares of CAE in a research note issued on Wednesday, October 16th. National Bank Financial analyst C. Doerksen now anticipates that the company will earn $1.50 per share for the year, up from their previous estimate of $1.49.
CAE (TSE:CAE) (NYSE:CAE) last posted its quarterly earnings data on Wednesday, August 14th. The company reported C$0.24 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.27 by C($0.03). The business had revenue of C$825.60 million during the quarter, compared to analyst estimates of C$840.00 million.
CAE stock opened at C$32.26 on Monday. The stock’s fifty day simple moving average is C$33.34 and its two-hundred day simple moving average is C$33.62. The company has a current ratio of 1.20, a quick ratio of 0.82 and a debt-to-equity ratio of 111.35. CAE has a 1-year low of C$22.10 and a 1-year high of C$36.86. The stock has a market cap of $8.59 billion and a P/E ratio of 26.88.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 13th were given a $0.11 dividend. The ex-dividend date of this dividend was Thursday, September 12th. This represents a $0.44 annualized dividend and a yield of 1.36%. This is a boost from CAE’s previous quarterly dividend of $0.10. CAE’s payout ratio is currently 33.33%.
CAE Company Profile
CAE Inc, together with its subsidiaries, provides training solutions for the civil aviation, defence and security, and healthcare markets worldwide. The company's 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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