CAE - CAE Inc.

NYSE - NYSE Delayed Price. Currency in USD
11.92
+0.71 (+6.33%)
At close: 4:02PM EDT

11.92 0.00 (0.00%)
After hours: 4:17PM EDT

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Previous Close11.21
Open11.78
Bid11.52 x 800
Ask11.95 x 1300
Day's Range11.66 - 12.25
52 Week Range9.80 - 31.56
Volume862,285
Avg. Volume627,368
Market Cap3.177B
Beta (5Y Monthly)1.88
PE Ratio (TTM)11.92
EPS (TTM)1.00
Earnings DateAug. 09, 2016 - Aug. 14, 2016
Forward Dividend & Yield0.31 (2.77%)
Ex-Dividend DateMar. 11, 2020
1y Target Est19.03
  • CAE temporarily laying off 2,600, cutting salaries, suspending dividend
    The Canadian Press

    CAE temporarily laying off 2,600, cutting salaries, suspending dividend

    MONTREAL — CAE Inc. is temporarily laying off about a quarter of its staff, cutting salaries and suspending its dividend and share repurchase plan in response to the COVID-19 pandemic.About 2,600 of the flight simulator maker's 10,500 employees will be laid off and another 900 employees placed on a reduced work week, the company said Monday.Roughly 1,525 of the layoffs were in Canada — mainly Montreal — along with half of the work-week reductions, a spokesperson said.CAE also announced salary freezes and salary reductions for staff not affected by reduced work weeks. Chief executive Mark Parent and his executive team will take a 50 per cent pay cut for three months, while vice-presidents will see a 30 per cent cut.Directors and managers will take a 20 per cent cut and group leaders and employees will see a 10 per cent reduction in pay.Meanwhile, CAE has designed a ventilator prototype to provide life support to patients in intensive care and is working to source components in order to begin production once it is approved by Health Canada.The company is now sourcing components to assemble the life-saving devices — essential to some COVID-19 patients — at its facilities near the Montreal airport."Once this prototype is approved by public health authorities, we are looking at manufacturing thousands of units in our Montreal plant and in other sites over the next few months," CEO Mark Parent said in a release."We are planning on calling back 150 people as soon as possible specifically for the ventilators," added spokeswoman Pascale Alpha in a phone interview. Analyst Benoit Poirier of Desjardins Securities said the firm's balance sheet is "under pressure" as orders and deliveries of flight simulators begin to drop amid the shock to the airline world, "but we are confident CAE can weather the crisis."About two-thirds of the Montreal-based company's 50-plus training centres remain open.That proportion should remain intact, "considering that civil training is a highly regulated industry and that pilots must be certified every six to nine months," said RBC Dominion Securities analyst Steve Arthur."Of course, with border closures, government enacted lockdowns and many airline pilots furloughed, we expect materially lower utilization rates in the near term at the still operational centres," he said in research note.This report by The Canadian Press was first published April 6, 2020.Companies in this story: (TSX:CAE) The Canadian Press

  • CNW Group

    COVID-19: CAE announces measures to protect its financial position and mitigate the impact on its employees

    MONTREAL , April 6, 2020 /CNW Telbec/ - (CAE) (CAE) – CAE announced today that it has taken a series of flexible measures to protect its financial position in response to the COVID-19 crisis and mitigate the impact on its employees. The measures include temporarily suspending its common share dividend and share repurchase plan, as well temporarily laying off 2,600 of its 10,500 employees and placing another 900 employees on a reduced work week. CAE also announced that, in an effort to help save lives, it is developing an easy-to-manufacture ventilator which will provide life support to patients in intensive care.

  • Has CAE Inc. (TSE:CAE) Been Employing Capital Shrewdly?
    Simply Wall St.

    Has CAE Inc. (TSE:CAE) Been Employing Capital Shrewdly?

    Today we'll look at CAE Inc. (TSE:CAE) and reflect on its potential as an investment. To be precise, we'll consider...

  • Ignore the Fear: 2 TSX Stocks That Are Bargain Buys Now
    The Motley Fool

    Ignore the Fear: 2 TSX Stocks That Are Bargain Buys Now

    One of the few silver linings of this pandemic is that amazing stocks are trading at bargain prices right now. The post Ignore the Fear: 2 TSX Stocks That Are Bargain Buys Now appeared first on The Motley Fool Canada.

  • TFSA Investors: Where to Invest $10,000 in a Market Crash
    The Motley Fool

    TFSA Investors: Where to Invest $10,000 in a Market Crash

    The market crash has produced some attractive discounts like CAE Inc. (TSX:CAE)(NYSE:CAE) that can add tremendous upside to a TFSA.The post TFSA Investors: Where to Invest $10,000 in a Market Crash appeared first on The Motley Fool Canada.

  • This Is the Only Airline Stock I’d Own Right Now
    The Motley Fool

    This Is the Only Airline Stock I’d Own Right Now

    Looking for a safe airline-related bet in this current market? Read my analysis on an under-the-radar Canadian company: CAE Inc. (TSX:CAE).The post This Is the Only Airline Stock I'd Own Right Now appeared first on The Motley Fool Canada.

  • CNW Group

    CAE invited to take part in RBC-moderated webcast about the COVID-19 situation and its impact

    CAE invited to take part in RBC-moderated webcast about the COVID-19 situation and its impact

  • What Is CAE's (TSE:CAE) P/E Ratio After Its Share Price Tanked?
    Simply Wall St.

    What Is CAE's (TSE:CAE) P/E Ratio After Its Share Price Tanked?

    To the annoyance of some shareholders, CAE (TSE:CAE) shares are down a considerable 37% in the last month. The recent...

  • CAE Healthcare to offer coronavirus simulation training scenario and webinars for healthcare providers
    CNW Group

    CAE Healthcare to offer coronavirus simulation training scenario and webinars for healthcare providers

    MONTREAL and SARASOTA, FL , March 12, 2020 /CNW Telbec/ - CAE Healthcare announced today that it will offer complimentary webinars and a downloadable scenario throughout the months of March and April to ...

  • CNW Group

    CAE announces opening of its 2020 CAE Women in Flight scholarship program

    LAKE BUENA VISTA, FL, March 5, 2020 /CNW Telbec/ - (NYSE:CAE - News) (TSX:CAE - News) – CAE announced today at the International Women in Aviation conference the opening of its second edition of the CAE Women in Flight scholarship program, with its first airline partner in this edition: Southwest Airlines. The objective of this unique annual scholarship program is to inspire a new generation of professional pilots among women, as well as to encourage diversity in aviation.

  • Should You Be Adding CAE (TSE:CAE) To Your Watchlist Today?
    Simply Wall St.

    Should You Be Adding CAE (TSE:CAE) To Your Watchlist Today?

    It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

  • CPP Pensioners: Use These 2 Dividend Stocks to Boost Your Retirement Income
    The Motley Fool

    CPP Pensioners: Use These 2 Dividend Stocks to Boost Your Retirement Income

    Investing in stocks like Telus and CAE can help you boost your retirement income through dividends in your TFSA.

  • CPP Pensioners: Boost Your CPP Pension With 2 Very Different Stocks
    The Motley Fool

    CPP Pensioners: Boost Your CPP Pension With 2 Very Different Stocks

    CAE stock and Enbridge stock, both can help you boost your retirement income, albeit in different ways.

  • Earnings Beat: CAE Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
    Simply Wall St.

    Earnings Beat: CAE Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

    It's been a good week for CAE Inc. (TSE:CAE) shareholders, because the company has just released its latest quarterly...

  • Company News for Feb 10, 2020
    Zacks

    Company News for Feb 10, 2020

    Companies in the news are: CAE, CIVB, ATVI, TMUS

  • The Canadian Press

    CAE reports net income of $99.8 million as revenue climbs in all segments

    MONTREAL — CAE Inc. says net income rose in its third quarter as it saw revenue gains across its civil aviation, defence, and health care segments.The high-tech training company says it had a net income of $99.8 million, or 37 cents per share, in the quarter ending Dec. 31, up from $79.5 million, or 29 cents per share in the same quarter last year.Revenue came in at $923.5 million, up from $816.3 million for the same quarter last year.Analysts had expected revenue of $941 million and net income of $92.4 million or 36 cents per share according to financial markets data firm Refinitiv. The company says it has had orders for 44 full-flight simulators in its fiscal year so far, including six for the Boeing 737 Max aircraft in January.Its civil order backlog at the end of the quarter was $5.3 billion, a record high for the company. This report by The Canadian Press was first published Feb. 7, 2020.Companies in this story: (TSX:CAE) The Canadian Press

  • CNW Group

    CAE renews its normal course issuer bid

    MONTREAL , Feb. 7, 2020 /CNW Telbec/ - (CAE); (CAE) – CAE today announced that its Board of Directors has approved the renewal of its normal course issuer bid ("NCIB") to purchase, for cancellation, up to 5,321,474 of its common shares commencing on February 25, 2020 and ending on February 24, 2021 . The maximum number of common shares that may be repurchased under the NCIB represents approximately two percent (2%) of the issued and outstanding common shares of CAE; as of February 6, 2020, CAE had 266,073,703 common shares issued and outstanding. Under CAE's current normal course issuer bid, which will expire on February 24, 2020 , CAE's Board of Directors had approved the repurchase of a maximum of 5,300,613 of its common shares and 978,431 of its common shares were repurchased from February 25, 2019 to February 6, 2020 at a weighted average price of $33.54 per common share, for total consideration of $32,815,526 , excluding brokerage fees.

  • CNW Group

    CAE reports third quarter fiscal 2020 results

    CAE reports third quarter fiscal 2020 results

  • The Zacks Analyst Blog Highlights: HEICO, Leidos, Teledyne and CAE
    Zacks

    The Zacks Analyst Blog Highlights: HEICO, Leidos, Teledyne and CAE

    The Zacks Analyst Blog Highlights: HEICO, Leidos, Teledyne and CAE