Scotiabank Issues Negative Estimate for CAE Earnings

CAE Inc (NYSE:CAE) (TSE:CAE) – Scotiabank lowered their Q3 2026 earnings per share (EPS) estimates for CAE in a research report issued on Wednesday, November 12th. Scotiabank analyst K. Gupta now expects that the aerospace company will earn $0.21 per share for the quarter, down from their previous forecast of $0.24. Scotiabank currently has a “Outperform” rating on the stock. The consensus estimate for CAE’s current full-year earnings is $0.83 per share. Scotiabank also issued estimates for CAE’s Q1 2027 earnings at $0.18 EPS, Q3 2027 earnings at $0.28 EPS, FY2027 earnings at $1.02 EPS, Q2 2028 earnings at $0.26 EPS and FY2028 earnings at $1.26 EPS.

CAE (NYSE:CAE) (TSE:CAE) last issued its quarterly earnings results on Tuesday, November 11th. The aerospace company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.03. CAE had a return on equity of 7.92% and a net margin of 8.70%.The firm had revenue of $897.99 million for the quarter, compared to analysts’ expectations of $1.13 billion. During the same quarter last year, the business posted $0.24 EPS. CAE’s revenue was up 8.8% on a year-over-year basis.

Other equities research analysts also recently issued research reports about the stock. TD Securities upgraded shares of CAE from a “hold” rating to a “buy” rating in a research report on Wednesday, August 13th. Wall Street Zen lowered CAE from a “buy” rating to a “hold” rating in a report on Saturday, August 16th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of CAE in a research report on Wednesday, October 8th. Finally, Royal Bank Of Canada dropped their price target on CAE from $41.00 to $40.00 and set a “sector perform” rating on the stock in a research report on Thursday, November 13th. Two analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $34.33.

CAE Stock Performance

Shares of CAE opened at $25.75 on Monday. The company has a 50-day moving average of $27.75 and a two-hundred day moving average of $27.48. The stock has a market cap of $8.28 billion, a price-to-earnings ratio of 27.98, a PEG ratio of 2.49 and a beta of 1.42. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.87 and a quick ratio of 0.60. CAE has a one year low of $20.36 and a one year high of $30.13.

Hedge Funds Weigh In On CAE

Hedge funds have recently modified their holdings of the stock. XTX Topco Ltd boosted its position in CAE by 225.6% during the third quarter. XTX Topco Ltd now owns 30,798 shares of the aerospace company’s stock valued at $913,000 after purchasing an additional 21,340 shares during the last quarter. Utah Retirement Systems purchased a new stake in shares of CAE during the 3rd quarter worth about $1,058,000. Scopia Capital Management LP purchased a new stake in shares of CAE during the 3rd quarter worth about $5,728,000. Numerai GP LLC acquired a new stake in shares of CAE during the 3rd quarter valued at about $742,000. Finally, Militia Capital Partners LP bought a new stake in shares of CAE in the 3rd quarter valued at approximately $288,000. 67.36% of the stock is owned by institutional investors and hedge funds.

CAE Company Profile

CAE Inc, together with its subsidiaries, provides simulation training and critical operations support solutions in Canada, the United States, the United Kingdom, Europe, Asia, the Oceania, Africa, and Rest of the Americas. It operates through two segments, Civil Aviation; and Defense and Security. The Civil Aviation segment offers training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation; a range of flight simulation training devices; and ab initio pilot training and crew sourcing services, as well as aircraft flight operations solutions.