CAE Inc. (NYSE: CAE) has reported earnings for its second fiscal quarter (ending September 30) of $0.18 versus $0.14 for the same period a year ago — an increase of 29%. For the latest four quarters through September 30, E.P.S. were $0.95 compared to $0.40 a year ago — an increase of 138%.
Recent Price Action
CAE Inc. (NYSE: CAE) stock closed at $21.07 on 11/14/23 after a large decline of -3.9%. The stock has declined -1.1% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CAE is expected to continue to be a Value Builder.
CAE has a current Value Trend Rating of C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. CAE has a neutral Appreciation Score of 43 and a neutral Power Rating of 59, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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