Scotiabank Issues Optimistic Outlook for CAE Earnings

CAE Inc. (TSE:CAE) (NYSE:CAE) – Investment analysts at Scotiabank upped their Q1 2028 earnings estimates for CAE in a research report issued to clients and investors on Wednesday, January 21st. Scotiabank analyst K. Gupta now forecasts that the company will earn $0.33 per share for the quarter, up from their previous forecast of $0.32. Scotiabank has a “Outperform” rating and a $57.00 price target on the stock. Scotiabank also issued estimates for CAE’s Q2 2028 earnings at $0.38 EPS, Q3 2028 earnings at $0.49 EPS, FY2028 earnings at $1.81 EPS and FY2029 earnings at $2.24 EPS.

CAE (TSE:CAE) (NYSE:CAE) last posted its quarterly earnings results on Tuesday, November 11th. The company reported C$0.23 earnings per share for the quarter. The firm had revenue of C$1.24 billion during the quarter. CAE had a negative net margin of 7.75% and a negative return on equity of 7.81%.

Several other equities research analysts also recently commented on CAE. CIBC boosted their price objective on CAE from C$47.00 to C$56.00 in a report on Wednesday. Royal Bank Of Canada lifted their price target on shares of CAE from C$40.00 to C$46.00 and gave the company a “sector perform” rating in a research report on Monday, January 12th. TD Securities upped their price objective on shares of CAE from C$46.00 to C$53.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Finally, Desjardins raised their price objective on shares of CAE from C$46.00 to C$51.00 and gave the company a “buy” rating in a research note on Friday, December 12th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of C$48.05.

CAE Stock Down 1.2%

CAE stock opened at C$45.47 on Friday. The stock’s 50 day simple moving average is C$41.28 and its 200 day simple moving average is C$39.63. The company has a market cap of C$14.62 billion, a P/E ratio of 33.43, a price-to-earnings-growth ratio of 1.76 and a beta of 0.93. The company has a debt-to-equity ratio of 74.04, a quick ratio of 0.71 and a current ratio of 0.84. CAE has a fifty-two week low of C$28.98 and a fifty-two week high of C$47.65.

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.