Scotiabank Comments on CAE’s FY2027 Earnings (TSE:CAE)

CAE Inc. (TSE:CAE) (NYSE:CAE) – Scotiabank reduced their FY2027 earnings per share (EPS) estimates for shares of CAE in a research note issued on Thursday, July 23rd. Scotiabank analyst K. Gupta now anticipates that the company will post earnings of $1.21 per share for the year, down from their previous estimate of $1.26.

A number of other analysts have also commented on the stock. BMO Capital Markets lowered their target price on shares of CAE from C$50.00 to C$47.00 and set an “outperform” rating for the company in a report on Monday, May 25th. Royal Bank Of Canada reduced their price target on CAE from C$42.00 to C$36.00 and set an “outperform” rating on the stock in a research report on Monday, May 25th. Canaccord Genuity Group raised their price target on CAE from C$49.00 to C$50.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Stifel Nicolaus decreased their price objective on CAE from C$50.00 to C$47.00 and set a “buy” rating for the company in a research note on Tuesday, May 26th. Finally, Morgan Stanley downgraded CAE from an “equal weight” rating to an “underweight” rating and dropped their price objective for the company from C$43.00 to C$37.00 in a report on Wednesday, July 15th. Ten equities research 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 company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$47.92.

CAE Stock Performance

Shares of TSE CAE opened at C$35.51 on Monday. 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 capitalization of C$11.42 billion, a P/E ratio of 36.61, a P/E/G ratio of 1.76 and a beta of 0.57. The company has a debt-to-equity ratio of 60.97, a current ratio of 0.96 and a quick ratio of 0.71. The company’s 50 day simple moving average is C$35.38 and its 200 day simple moving average is C$38.24.

CAE (TSE:CAE) (NYSE:CAE) last issued its quarterly earnings results on Thursday, May 21st. The company reported C$0.42 EPS for the quarter. The company had revenue of C$1.33 billion during the quarter. CAE had a net margin of 6.37% and a return on equity of 6.12%.

Insider Activity

In other news, insider Mark Hounsell sold 2,673 shares of CAE stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of C$35.39, for a total transaction of C$94,597.47. Following the transaction, the insider directly owned 35,687 shares of the company’s stock, valued at C$1,262,962.93. This trade represents a 6.97% decrease in their ownership of the stock. Also, insider Pascal Grenier sold 2,434 shares of the business’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of C$35.39, for a total transaction of C$86,139.26. Following the completion of the transaction, the insider directly owned 21,483 shares of the company’s stock, valued at C$760,283.37. This trade represents a 10.18% decrease in their position. In the last 90 days, insiders have sold 87,975 shares of company stock valued at $3,127,182. 0.15% of the stock is currently owned by company insiders.

About CAE

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.