Scotiabank Has Positive Forecast for CAE FY2027 Earnings

CAE Inc. (TSE:CAE) (NYSE:CAE) – Scotiabank raised their FY2027 earnings per share (EPS) estimates for CAE in a research note issued to investors on Wednesday, August 19th. Scotiabank analyst K. Gupta now anticipates that the company will post earnings per share of $1.26 for the year, up from their prior forecast of $1.21.

CAE has been the topic of several other reports. Scotia dropped their price objective on shares of CAE from C$56.00 to C$50.00 and set a “sector outperform” rating on the stock in a report on Friday, May 22nd. National Bank Financial reduced their target price on shares of CAE from C$53.00 to C$49.00 and set an “outperform” rating for the company in a research note on Monday, May 25th. BMO Capital Markets lowered their price target on shares of CAE from C$50.00 to C$47.00 and set an “outperform” rating on the stock in a research report on Monday, May 25th. Morgan Stanley lowered shares of CAE from an “equal weight” rating to an “underweight” rating and lowered their price target for the company from C$43.00 to C$37.00 in a research report on Wednesday, July 15th. Finally, Royal Bank Of Canada upgraded shares of CAE from a “hold” rating to a “moderate buy” rating in a research note on Monday, August 17th. Ten investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of C$48.00.

CAE Trading Up 1.0%

Shares of CAE opened at C$34.61 on Monday. The business has a 50-day moving average of C$36.00 and a 200 day moving average of C$36.91. CAE has a fifty-two week low of C$31.42 and a fifty-two week high of C$47.65. The firm has a market cap of C$11.14 billion, a P/E ratio of 38.89, a price-to-earnings-growth ratio of 1.76 and a beta of 0.57. The company has a debt-to-equity ratio of 59.43, a quick ratio of 0.71 and a current ratio of 0.83.

CAE (TSE:CAE) (NYSE:CAE) last issued its quarterly earnings results on Wednesday, August 12th. The company reported C$0.26 EPS for the quarter. The firm had revenue of C$1.17 billion for the quarter. CAE had a return on equity of 5.47% and a net margin of 5.75%.

Insider Activity at CAE

In related news, insider Alexandre Prevost sold 1,430 shares of the stock in a transaction dated Monday, June 15th. The stock was sold at an average price of C$35.50, for a total transaction of C$50,765.00. Following the sale, the insider owned 8,981 shares of the company’s stock, valued at approximately C$318,825.50. This represents a 13.74% decrease in their position. Also, insider Phillip C. Copeland sold 1,770 shares of the firm’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of C$35.39, for a total value of C$62,640.30. Following the completion of the transaction, the insider owned 5,906 shares of the company’s stock, valued at approximately C$209,013.34. This represents a 23.06% decrease in their position. Insiders sold a total of 87,975 shares of company stock worth $3,127,182 in the last 90 days. 0.15% of the stock is owned by company insiders.

CAE Company Profile

CAE Inc is a global company focused on delivering training for the civil aviation, defense, security, and healthcare markets. Multiple types of simulators and synthetic exercises may be sold to customers to serve as alternatives for live-training experiences. The company’s training solutions are provided through products and services. CAE has many different training locations where clients can be trained and educated through a series of programs. Additionally, part of the revenues come from supplying aviation personnel on a lease, along with providing aviation support organizations.