Analysts Issue Forecasts for CAE FY2027 Earnings

CAE Inc. (NYSE:CAE) (TSE:CAE) – Equities researchers at National Bank Financial issued their FY2027 earnings per share (EPS) estimates for shares of CAE in a research note issued on Tuesday, May 6th. National Bank Financial analyst C. Doerksen anticipates that the aerospace company will post earnings per share of $1.18 for the year. National Bank Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for CAE’s current full-year earnings is $0.83 per share.

CAE (NYSE:CAE) (TSE:CAE) last released its earnings results on Thursday, February 13th. The aerospace company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.01. CAE had a positive return on equity of 6.11% and a negative net margin of 4.96%.

Other research analysts have also recently issued reports about the stock. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $43.00 target price on shares of CAE in a report on Wednesday, March 12th. The Goldman Sachs Group lifted their price objective on CAE from $28.00 to $32.00 and gave the stock a “buy” rating in a report on Tuesday, February 18th. StockNews.com raised CAE from a “hold” rating to a “buy” rating in a report on Saturday, April 12th. Finally, Bank of America upgraded CAE from an “underperform” rating to a “neutral” rating in a research report on Friday, March 7th. Seven equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $32.00.

CAE Stock Down 0.1 %

Shares of NYSE CAE opened at $25.91 on Thursday. The stock has a market capitalization of $8.30 billion, a price-to-earnings ratio of -49.83, a price-to-earnings-growth ratio of 1.94 and a beta of 1.26. CAE has a 52 week low of $15.95 and a 52 week high of $27.62. The firm has a 50-day moving average price of $24.13 and a 200 day moving average price of $23.45. The company has a quick ratio of 0.63, a current ratio of 0.86 and a debt-to-equity ratio of 0.70.

Institutional Trading of CAE

Several institutional investors and hedge funds have recently made changes to their positions in CAE. Asset Planning Inc purchased a new stake in CAE during the 4th quarter worth about $30,000. Natixis purchased a new stake in shares of CAE during the fourth quarter worth about $38,000. Versant Capital Management Inc acquired a new position in shares of CAE in the first quarter valued at approximately $53,000. UniSuper Management Pty Ltd purchased a new position in shares of CAE during the fourth quarter valued at approximately $147,000. Finally, Allworth Financial LP boosted its position in CAE by 14.2% during the fourth quarter. Allworth Financial LP now owns 7,321 shares of the aerospace company’s stock worth $177,000 after acquiring an additional 913 shares during the last quarter. 67.36% of the stock is currently owned by hedge funds and other institutional investors.

About CAE

CAE Inc, together with its subsidiaries, provides simulation training and critical operations support solutions in Canada, the United States, the United Kingdom, Europe, Asia, the Oceania, Africa, and Rest of the Americas. It operates through two segments, Civil Aviation; and Defense and Security. The Civil Aviation segment offers training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation; a range of flight simulation training devices; and ab initio pilot training and crew sourcing services, as well as aircraft flight operations solutions.