Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Tuesday's analyst upgrades and downgrades for July 2, 2024 [Globe and Mail, The (Toronto, Canada)]

CAE Inc. Ordinary Shares (CAE) 
Last cae inc. ordinary shares earnings: 2/7 08:23 am Check Earnings Report
US:NYSE Investor Relations: cae.com/investors
Ahead of second-quarter earnings season for Canadian steel companies, RBC Dominion Securities analyst James McGarragle reduced his estimates for the alloy to reflect “a gradual decline in pricing early in the quarter and a more pronounced decline in June.” “The general decline in steel prices, coupled with uncertainty surrounding domestic demand, has put pressure on pricing in our view,” he added. “Moreover, the current high interest rate environment has negatively impacted construction activity and industrial production, as evidenced by ABI and PMI indicators both trending below 50. We expect prices to move higher to the mid $700 per ton in Q3 and to trend toward $800 in 2025.” In a research report released Tuesday, Mr. McGarragle noted share prices for both North American distributors and producers are down significantly in the quarter, which he thinks have “priced in the weaker steel price environment to some extent.” “The sector was impacted by weakening steel prices during Show less Read more
Impact Snapshot
Event Time:
CAE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for CAE alerts
Opt-in for
CAE alerts

from News Quantified
Opt-in for
CAE alerts

from News Quantified