News coverage about CAE (NYSE:CAE) (TSE:CAE) has trended somewhat negative recently, according to InfoTrie Sentiment. The research group identifies negative and positive news coverage by reviewing more than 6,000 blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. CAE earned a news impact score of -1.94 on their scale. InfoTrie also assigned media coverage about the aerospace company an news buzz score of 3 out of 10, indicating that recent news coverage is unlikely to have an effect on the company’s share price in the near term.
Here are some of the media stories that may have impacted CAE’s score:
- Canada’s Bombardier says it will cut 5000 jobs (washingtonpost.com)
- CAE the jet trainer is now worth more than Bombardier, the jet maker (montrealgazette.com)
- Bombardier cutting 5,000 jobs, selling Q400 and flight training programs (medicinehatnews.com)
- CAE Launches Cadet Pilot Training Program With European Airline Vueling (aero-news.net)
- Media Advisory: CAE to hold conference call to… (benzinga.com)
Shares of NYSE CAE opened at $18.46 on Friday. The stock has a market capitalization of $4.81 billion, a PE ratio of 21.22, a P/E/G ratio of 1.92 and a beta of 0.79. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.42 and a quick ratio of 1.05. CAE has a fifty-two week low of $16.84 and a fifty-two week high of $21.70.
Several analysts have issued reports on CAE shares. Zacks Investment Research raised CAE from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research note on Tuesday, October 16th. ValuEngine raised CAE from a “hold” rating to a “buy” rating in a research note on Friday, September 7th.
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CAE Company Profile
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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