Scotiabank Issues Optimistic Estimate for CAE Earnings

CAE Inc (NYSE:CAE) (TSE:CAE) – Research analysts at Scotiabank raised their Q1 2028 earnings per share (EPS) estimates for shares of CAE in a note issued to investors on Wednesday, January 21st. Scotiabank analyst K. Gupta now expects that the aerospace company will earn $0.24 per share for the quarter, up from their previous forecast of $0.23. Scotiabank 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 Q2 2028 earnings at $0.28 EPS, Q3 2028 earnings at $0.35 EPS and FY2029 earnings at $1.62 EPS.

CAE (NYSE:CAE) (TSE:CAE) last issued its quarterly earnings results on Tuesday, November 11th. The aerospace company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.03. CAE had a return on equity of 7.60% and a net margin of 8.98%.The company had revenue of $897.99 million during the quarter, compared to analyst estimates of $1.13 billion. During the same period in the previous year, the company earned $0.24 earnings per share. The company’s quarterly revenue was up 8.8% compared to the same quarter last year.

CAE has been the topic of several other research reports. TD Securities restated a “buy” rating on shares of CAE in a report on Monday, January 12th. Weiss Ratings reiterated a “hold (c+)” rating on shares of CAE in a research report on Monday, December 29th. Royal Bank Of Canada reduced their target price on CAE from $41.00 to $40.00 and set a “sector perform” rating for the company in a research report on Thursday, November 13th. Finally, Zacks Research upgraded shares of CAE from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $34.33.

CAE Trading Up 0.0%

Shares of CAE stock opened at $33.37 on Friday. The firm has a market capitalization of $10.73 billion, a P/E ratio of 34.40, a price-to-earnings-growth ratio of 2.52 and a beta of 1.15. CAE has a 1 year low of $20.36 and a 1 year high of $34.24. The firm’s fifty day simple moving average is $29.67 and its 200 day simple moving average is $28.59. The company has a current ratio of 0.83, a quick ratio of 0.59 and a debt-to-equity ratio of 0.60.

Institutional Investors Weigh In On CAE

Several large investors have recently made changes to their positions in CAE. Millennium Management LLC bought a new position in CAE during the 1st quarter valued at about $4,170,000. Goldman Sachs Group Inc. raised its stake in shares of CAE by 142.6% in the first quarter. Goldman Sachs Group Inc. now owns 1,709,480 shares of the aerospace company’s stock valued at $42,036,000 after acquiring an additional 1,004,820 shares during the last quarter. United Services Automobile Association raised its stake in shares of CAE by 4.5% in the first quarter. United Services Automobile Association now owns 10,822 shares of the aerospace company’s stock valued at $265,000 after acquiring an additional 462 shares during the last quarter. Ballentine Partners LLC acquired a new position in shares of CAE in the 2nd quarter worth approximately $277,000. Finally, Truist Financial Corp grew its position in CAE by 5.6% during the 2nd quarter. Truist Financial Corp now owns 67,272 shares of the aerospace company’s stock worth $1,969,000 after acquiring an additional 3,580 shares during the last quarter. Institutional investors 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.