CAE (NYSE:CAE) Issues FY 2027 Earnings Guidance

CAE (NYSE:CAE) (TSE:CAE) updated its FY 2027 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.920-0.970 for the period, compared to the consensus earnings per share estimate of 0.900.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Jefferies Financial Group lowered their price target on shares of CAE from $28.00 to $26.00 and set a “hold” rating for the company in a report on Tuesday, October 13th. Weiss Ratings lowered shares of CAE from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, July 23rd. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of CAE in a research report on Wednesday, October 28th. Morgan Stanley downgraded shares of CAE from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, July 15th. Finally, Barclays initiated coverage on CAE in a report on Friday, October 9th. They issued an “overweight” rating and a $38.00 target price on the stock. Seven investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, CAE currently has a consensus rating of “Moderate Buy” and an average price target of $33.33.

CAE Stock Performance

Shares of CAE stock opened at $27.39 on Thursday. The stock has a market capitalization of $8.76 billion, a PE ratio of 38.58, a price-to-earnings-growth ratio of 2.85 and a beta of 1.06. CAE has a 52-week low of $22.76 and a 52-week high of $34.24. The stock’s 50-day moving average price is $24.75 and its 200 day moving average price is $26.37. The company has a quick ratio of 0.77, a current ratio of 0.96 and a debt-to-equity ratio of 0.55.

CAE (NYSE:CAE) (TSE:CAE) last announced its quarterly earnings data on Wednesday, August 12th. The aerospace company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.02. The company had revenue of $826.42 million for the quarter, compared to analysts’ expectations of $796.86 million. CAE had a net margin of 6.36% and a return on equity of 7.45%. CAE’s revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.21 EPS. As a group, equities research analysts forecast that CAE will post 0.87 EPS for the current year.

CAE Company Profile

CAE Inc. is a Canadian technology company that develops simulation and training solutions for the civil aviation and defense markets. Founded in 1947 and headquartered in Montreal, the company serves customers around the world. In civil aviation, CAE provides flight simulators, training devices, and pilot and crew training services to airlines, business aviation operators, aircraft manufacturers, and other aviation organizations. Its offerings support training across a range of aircraft types and operational needs.