CAE.TO - CAE Inc.

Toronto - Toronto Delayed Price. Currency in CAD
35.50
+0.38 (+1.08%)
At close: 4:15PM EDT
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Previous Close35.12
Open35.17
Bid35.49 x 0
Ask35.50 x 0
Day's Range35.17 - 35.59
52 Week Range22.10 - 36.86
Volume303,931
Avg. Volume679,568
Market Cap9.451B
Beta (3Y Monthly)1.14
PE Ratio (TTM)28.86
EPS (TTM)1.23
Earnings DateAug 14, 2019
Forward Dividend & Yield0.40 (1.14%)
Ex-Dividend Date2019-06-13
1y Target Est36.44
  • Financial Times5 days ago

    It has been a good week for climate change policy

    It has been a good week for sensible climate change policy. In a short amount of time, a number of proposals dreamed up by economists to achieve greater reductions in carbon emissions — and thereby limit the extent of climate change — has gone from radical to mainstream. This week, a joint statement by France’s Council of Economic Analysis (CAE) and Germany’s Council of Economic Experts showed a consensus at the highest echelons of the two countries’ policy economists in calling for a uniform carbon price levied on all economic sectors in all EU countries.

  • What Kind Of Investor Owns Most Of CAE Inc. (TSE:CAE)?
    Simply Wall St.7 days ago

    What Kind Of Investor Owns Most Of CAE Inc. (TSE:CAE)?

    The big shareholder groups in CAE Inc. (TSE:CAE) have power over the company. Generally speaking, as a company grows...

  • IndiGo Can't Fly High With Fights in the Cockpit
    Bloomberg12 days ago

    IndiGo Can't Fly High With Fights in the Cockpit

    (Bloomberg Opinion) -- The co-founders of India’s No. 1 airline are engaged in a bitter feud. Their quarrel couldn’t have come at a worse time for minority shareholders of InterGlobe Aviation Ltd., the company that owns IndiGo. Investors were just starting to enjoy the fruits of a frenetic expansion that saw the no-frills carrier, Asia’s largest, double its capacity in the three years through March. Full-cost rival Jet Airways India Ltd. tried to keep up, until it was forced to ground its last plane in April under a truckload of debt. Meanwhile, InterGlobe has put together a cash war chest — net of debt — of nearly $2 billion. This is the time for IndiGo to be rewarding shareholders by consolidating its leadership position and filling the gap left by Jet, especially on overseas routes. Instead, the founders are busy picking fights.Rakesh Gangwal, a former CEO of U.S. Airways Group Inc., has dashed off a letter to the Indian stock-market regulator alleging corporate-governance lapses. He says partner Rahul Bhatia, who owns 1 percentage point more than U.S.-based Gangwal’s 37% stake, is dragging IndiGo into transactions with his other businesses, which are mostly housed under InterGlobe Enterprises Ltd. (IGE Group), without adequate auditing. The airline pays rent to IGE’s real-estate unit; the crew stays at hotels operated by Bhatia’s joint venture with Accor SA; pilots are trained at IGE’s flight simulator, a collaboration with Canada’s CAE Inc.; a Bhatia firm has also acted as a sales agent for IndiGo.What amounted to $22 million of related-party transactions, for a carrier that took in $4 billion in annual revenue, doesn’t exactly smack of a governance scandal. Not at an airline that thrives on keeping its costs under control. Bhatia, for his part, wants to know why Gangwal is questioning the arrangements now when he “did not raise for 13 years a whisper.” The India-based partner says he took most of the economic risk when setting up the airline. Besides, Gangwal isn’t denying entering into a shareholders’ agreement that gives Bhatia control, including the power to nominate half of the six-member board and most of the top managers. Gangwal’s letter mentions whistleblowers. Unless those charges are serious and material, the battle looks more about monetizing a business that he never wanted any part of until a persistent Bhatia talked him into it. Today, the co-founders can be legitimately proud of IndiGo, a rare success story in global aviation, achieved in a brutally price-competitive and fast-growing market. The problem seems to be about dividing up that success fairly. It probably rankles billionaire Gangwal, the strategy whiz, that his 37% stake is perhaps worth less than the market value of roughly $3 billion, while his money-man (former) friend’s 38% stake is worth much more.(1) After all, any airline or a buyout firm willing to write that big a check would want a measure of influence over the airline’s future: That’s something only Bhatia can give. If that’s the real reason Gangwal is seeking to enlist the regulator’s help “to make necessary changes to the unusual controlling rights available to the IGE Group,” then it’s a failure of mediation.From the shareholders’ perspective, it’s a dangerous lapse. Indians’ trust in business and business tycoons, finance and financiers, accounts and auditors has probably never been lower. Any suggestion of impropriety now can spiral out of control. No wonder the infighting dragged InterGlobe shares down nearly 11% on Wednesday, as investors braced themselves for a protracted and unpleasant legal and public-relations skirmish – much like the one that flared up at the Tata Group in 2016, after it fired then-Chairman Cyrus Mistry, who also happened to be a large shareholder.IndiGo became No. 1 by making flights take off and land on time more often than most other large global airlines. To investors’ horror, the messiness the carrier so studiously avoided in its operations – by relying on a single type of aircraft (the narrow-bodied Airbus), deploying its fleet efficiently and growing it strategically – has finally come back to haunt it. Not at the tarmac, but in the boardroom. (1) The total market capitalizationis about $8 billion.To contact the author of this story: Andy Mukherjee at amukherjee@bloomberg.netTo contact the editor responsible for this story: Rachel Rosenthal at rrosenthal21@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Andy Mukherjee is a Bloomberg Opinion columnist covering industrial companies and financial services. He previously was a columnist for Reuters Breakingviews. He has also worked for the Straits Times, ET NOW and Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • If You Had Bought CAE (TSE:CAE) Shares Five Years Ago You'd Have Made 146%
    Simply Wall St.22 days ago

    If You Had Bought CAE (TSE:CAE) Shares Five Years Ago You'd Have Made 146%

    The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But when you pick a...

  • Did You Miss CAE's (TSE:CAE) Impressive 146% Share Price Gain?
    Simply Wall St.22 days ago

    Did You Miss CAE's (TSE:CAE) Impressive 146% Share Price Gain?

    The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...

  • Did Hedge Funds Drop The Ball On CAE, Inc. (CAE) ?
    Insider Monkey25 days ago

    Did Hedge Funds Drop The Ball On CAE, Inc. (CAE) ?

    At Insider Monkey, we pore over the filings of nearly 750 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we've gathered as a result gives us access to a wealth of collective knowledge based on these firms' portfolio holdings as of March 31. In this […]

  • CAE Inc. (TSE:CAE): Are Analysts Bullish?
    Simply Wall St.last month

    CAE Inc. (TSE:CAE): Are Analysts Bullish?

    In March 2019, CAE Inc. (TSE:CAE) released its most recent earnings announcement, which indicated that the business...

  • Markitlast month

    See what the IHS Markit Score report has to say about Cae Inc.

    Cae Inc NYSE:CAEView full report here! Summary * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for CAE with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CAE. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold CAE had net inflows of $819 million over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Is CAE Inc. (TSE:CAE) Expensive For A Reason? A Look At Its Intrinsic Value
    Simply Wall St.2 months ago

    Is CAE Inc. (TSE:CAE) Expensive For A Reason? A Look At Its Intrinsic Value

    Does the May share price for CAE Inc. (TSE:CAE) reflect what it's really worth? Today, we will estimate the stock's...

  • GlobeNewswire2 months ago

    CAE to begin work on design phase of Canadian Surface Combatant ship program

    OTTAWA, May 28, 2019 -- (NYSE: CAE; TSX: CAE) – On the eve of CANSEC, Canada’s global defence and security show, CAE announced it has been awarded a subcontract from Lockheed.

  • Why This Aviation Safety Stock Is Up Nearly 50% in 2019
    Motley Fool2 months ago

    Why This Aviation Safety Stock Is Up Nearly 50% in 2019

    There's a big opportunity ahead for this growth stock.

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of CAE.TO earnings conference call or presentation 17-May-19 5:00pm GMT

    Q4 2019 CAE Inc Earnings Call

  • GlobeNewswire2 months ago

    CAE reports record fourth quarter and full fiscal year 2019 results

    Q4 revenue up 42% to $1.0 billion and annual revenue up 17% to $3.3 billionQ4 and annual net income before specific items(1) up 55% and 13% vs. prior year periodsQ4 EPS of $0.46.

  • GlobeNewswire2 months ago

    REMINDER/Media Advisory: CAE's FY2019 fourth quarter and full year financial results and conference call

    MONTREAL, May 15, 2019 -- (NYSE: CAE; TSX: CAE) – CAE will release its fiscal year 2019 fourth quarter and full year results on Friday, May 17, 2019. A conference call will be.

  • What Does CAE Inc.'s (TSE:CAE) P/E Ratio Tell You?
    Simply Wall St.2 months ago

    What Does CAE Inc.'s (TSE:CAE) P/E Ratio Tell You?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...

  • GlobeNewswire3 months ago

    Media Advisory: CAE's FY2019 fourth quarter and full year financial results and conference call

    MONTREAL, May 02, 2019 -- (NYSE: CAE; TSX: CAE) – CAE will release its fiscal year 2019 fourth quarter and full year results on Friday, May 17, 2019. A conference call will be.

  • GlobeNewswire3 months ago

    CAE introduces American Airlines as partner of the CAE Women in Flight scholarship program

    Applications for the CAE Women in Flight’s scholarship program are now open to applicants of American Airlines’ cadet training program, American Airlines Cadet Academy. Apply.

  • Why You Should Care About CAE Inc.’s (TSE:CAE) Low Return On Capital
    Simply Wall St.3 months ago

    Why You Should Care About CAE Inc.’s (TSE:CAE) Low Return On Capital

    Today we are going to look at CAE Inc. (TSE:CAE) to see whether it might be an attractive investment prospect. Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently t...

  • Here is What Hedge Funds Think About CAE, Inc. (CAE)
    Insider Monkey3 months ago

    Here is What Hedge Funds Think About CAE, Inc. (CAE)

    "Value has performed relatively poorly since the 2017 shift, but we believe challenges to the S&P 500’s dominance are mounting and resulting active opportunities away from the index are growing. At some point, this fault line will break, likely on the back of rising rates, and all investors will be reminded that the best time […]

  • What CAE Inc.'s (TSE:CAE) ROE Can Tell Us
    Simply Wall St.3 months ago

    What CAE Inc.'s (TSE:CAE) ROE Can Tell Us

    Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to lear...

  • 3 Hot Defense Stocks
    Investopedia4 months ago

    3 Hot Defense Stocks

    A basket of small- and mid-cap defense stocks is hitting new highs while blue chips struggle at lower levels.

  • Reuters4 months ago

    American Airlines pilots will test 737 MAX software fix in Boeing simulator

    American Airlines pilots will test Boeing Co's 737 MAX software fix on simulators this weekend, the pilots' union told Reuters on Thursday, a key step in restoring confidence in the jet after two fatal crashes. Boeing has been working on a software upgrade for an anti-stall system and pilot displays on its fastest-selling jetliner in the wake of the deadly Lion Air crash in Indonesia in October.

  • Reuters4 months ago

    Ethiopia crash captain did not train on airline's MAX simulator - source

    The captain of a doomed Ethiopian Airlines flight did not get a chance to practise on his airline's new simulator for the Boeing 737 MAX 8 before he died in a crash with 157 others, a pilot colleague said. Captain Yared Getachew, 29, was due for refresher training at the end of March, his colleague told Reuters, two months after Ethiopian Airlines had received one of the first such simulators being distributed.