Scotiabank Has Negative Estimate for CAE FY2027 Earnings

CAE Inc (NYSE:CAE) (TSE:CAE) – Analysts at Scotiabank dropped their FY2027 earnings per share estimates for shares of CAE in a research note issued to investors on Thursday, July 23rd. Scotiabank analyst K. Gupta now expects that the aerospace company will post earnings per share of $0.86 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.

A number of other research firms have also issued reports on CAE. Royal Bank Of Canada cut their price target on shares of CAE from $42.00 to $36.00 and set a “sector perform” rating on the stock in a report on Tuesday, May 26th. Weiss Ratings lowered shares of CAE from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, July 23rd. Morgan Stanley cut shares of CAE from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, July 15th. Wall Street Zen downgraded shares of CAE from a “buy” rating to a “hold” rating in a research note on Saturday, June 20th. Finally, National Bank Financial restated an “outperform” rating on shares of CAE in a report on Friday, May 22nd. Five investment 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 presently has an average rating of “Hold” and an average target price of $31.00.

CAE Stock Performance

Shares of CAE opened at $26.36 on Monday. The company has a 50-day moving average of $25.22 and a two-hundred day moving average of $27.59. The stock has a market cap of $8.47 billion, a price-to-earnings ratio of 37.13, a PEG ratio of 2.85 and a beta of 1.01. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.96 and a quick ratio of 0.77. CAE has a one year low of $22.76 and a one year high of $34.24.

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

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Transamerica Financial Advisors LLC grew its holdings in shares of CAE by 170.7% during the 4th quarter. Transamerica Financial Advisors LLC now owns 1,267 shares of the aerospace company’s stock valued at $39,000 after acquiring an additional 799 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in shares of CAE in the fourth quarter worth $41,000. CIBC Private Wealth Group LLC purchased a new stake in shares of CAE during the third quarter worth $42,000. Brown Brothers Harriman & Co. acquired a new stake in CAE during the fourth quarter valued at $47,000. Finally, Parallel Advisors LLC boosted its position in CAE by 46.6% during the first quarter. Parallel Advisors LLC now owns 2,509 shares of the aerospace company’s stock valued at $65,000 after purchasing an additional 797 shares during the last quarter. Institutional investors and hedge funds own 67.36% of the company’s stock.

About CAE

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.