Scotiabank Weighs in on CAE’s FY2027 Earnings (NYSE:CAE)

CAE Inc (NYSE:CAE) (TSE:CAE) – Stock analysts at Scotiabank dropped their FY2027 earnings estimates for shares of CAE in a note issued to investors on Thursday, July 23rd. Scotiabank analyst K. Gupta now anticipates that the aerospace company will post earnings of $0.86 per share for the year, down from their prior forecast of $0.91. The consensus estimate for CAE’s current full-year earnings is $0.87 per share.

CAE (NYSE:CAE) (TSE:CAE) last issued its earnings results on Thursday, May 21st. The aerospace company reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.01. CAE had a return on equity of 7.45% and a net margin of 6.36%.The business had revenue of $953.79 million for the quarter, compared to analysts’ expectations of $924.83 million. During the same period in the previous year, the firm posted $0.47 EPS. The company’s quarterly revenue was up 4.0% on a year-over-year basis. CAE has set its FY 2027 guidance at 0.880-0.930 EPS.

Several other research firms have also recently weighed in on CAE. Morgan Stanley cut CAE from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, July 15th. National Bank Financial restated an “outperform” rating on shares of CAE in a report on Friday, May 22nd. Royal Bank Of Canada decreased their target price on CAE from $42.00 to $36.00 and set a “sector perform” rating for the company in a research report on Tuesday, May 26th. Weiss Ratings cut shares of CAE from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday. Finally, Wall Street Zen downgraded shares of CAE from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. Five equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $31.00.

CAE Stock Performance

NYSE CAE opened at $25.18 on Monday. CAE has a twelve month low of $22.76 and a twelve month high of $34.24. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.77 and a current ratio of 0.96. The stock has a market cap of $8.09 billion, a price-to-earnings ratio of 35.47, a PEG ratio of 2.85 and a beta of 1.01. The firm’s 50 day moving average price is $25.22 and its two-hundred day moving average price is $27.67.

Institutional Trading of CAE

Several institutional investors have recently modified their holdings of the company. State of Wyoming increased its position in shares of CAE by 2.8% during the 4th quarter. State of Wyoming now owns 13,007 shares of the aerospace company’s stock worth $396,000 after purchasing an additional 352 shares in the last quarter. Sanctuary Advisors LLC raised its position in shares of CAE by 3.0% during the fourth quarter. Sanctuary Advisors LLC now owns 12,596 shares of the aerospace company’s stock worth $383,000 after acquiring an additional 371 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in CAE by 0.8% during the 1st quarter. Sequoia Financial Advisors LLC now owns 50,271 shares of the aerospace company’s stock worth $1,310,000 after purchasing an additional 399 shares during the last quarter. United Services Automobile Association grew its holdings in CAE by 4.5% during the 1st quarter. United Services Automobile Association now owns 10,822 shares of the aerospace company’s stock worth $265,000 after acquiring an additional 462 shares during the period. Finally, Creative Planning grew its stake in shares of CAE by 3.2% during the third quarter. Creative Planning now owns 16,423 shares of the aerospace company’s stock worth $487,000 after purchasing an additional 507 shares during the period. Institutional investors and hedge funds own 67.36% of the company’s stock.

CAE Company Profile

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.