CAE (NYSE:CAE – Get Free Report) (TSE:CAE) issued an update on its FY 2027 earnings guidance on Thursday morning. The company provided EPS guidance of 0.880-0.930 for the period, compared to the consensus EPS estimate of 0.890. The company issued revenue guidance of -.
CAE Stock Performance
Shares of CAE opened at $26.91 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.91 and a quick ratio of 0.69. The stock has a market capitalization of $8.65 billion, a PE ratio of 32.42, a price-to-earnings-growth ratio of 3.07 and a beta of 1.03. CAE has a 12-month low of $24.57 and a 12-month high of $34.24. The business’s fifty day moving average price is $26.58 and its 200 day moving average price is $28.69.
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on CAE shares. Jefferies Financial Group cut their target price on CAE from $31.00 to $27.00 and set a “hold” rating on the stock in a research note on Friday, April 17th. TD Securities reiterated a “buy” rating on shares of CAE in a research note on Tuesday, February 17th. Weiss Ratings reiterated a “hold (c+)” rating on shares of CAE in a research note on Friday, May 15th. Stifel Nicolaus started coverage on CAE in a research note on Wednesday, March 4th. They issued a “buy” rating on the stock. Finally, Zacks Research upgraded CAE from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $33.33.
Institutional Investors Weigh In On CAE
Hedge funds and other institutional investors have recently modified their holdings of the stock. Transamerica Financial Advisors LLC raised its stake in shares of CAE by 170.7% during the fourth quarter. Transamerica Financial Advisors LLC now owns 1,267 shares of the aerospace company’s stock valued at $39,000 after purchasing an additional 799 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in shares of CAE during the fourth quarter valued at about $41,000. CIBC Private Wealth Group LLC bought a new stake in shares of CAE during the third quarter valued at about $42,000. Brown Brothers Harriman & Co. bought a new stake in shares of CAE during the fourth quarter valued at about $47,000. Finally, Syon Capital LLC bought a new stake in shares of CAE during the fourth quarter valued at about $246,000. 67.36% of the stock is currently owned by institutional investors.
About CAE
CAE Inc is a global leader in training and simulation technologies, headquartered in Montréal, Canada. The company specializes in the design and manufacture of high-fidelity flight simulators and training systems for civil aviation, defense and security, and healthcare markets. Leveraging advanced software and hardware integration, CAE delivers comprehensive training solutions that address pilot proficiency, mission readiness and patient safety across a wide range of platforms.
In civil aviation, CAE partners with major airlines, aircraft manufacturers and flight schools to provide pilot training services, courseware development and crew scheduling solutions.
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