Analysts Issue Forecasts for CAE's FY2027 Earnings (TSE:CAE)

Key Points

• Scotiabank raised its FY2027 EPS forecast for CAE to C$1.26 from C$1.21, while analysts maintain a consensus “Moderate Buy” rating and C$48.00 target price.
• Analyst views remain mixed: Desjardins, RBC and TD raised their ratings or targets, while Morgan Stanley downgraded the stock to “underweight” and cut its target to C$37.00.
• CAE reported quarterly EPS of C$0.26 on C$1.17 billion in revenue. The stock opened at C$34.32, below its 50-day and 200-day moving averages, and insiders sold 87,975 shares worth approximately C$3.13 million over the past three months.

CAE Inc. (TSE:CAE - Free Report) NYSE: CAE - Equities research analysts at Scotiabank increased their FY2027 earnings estimates for CAE in a research report issued to clients and investors on Wednesday, August 19th. Scotiabank analyst K. Gupta now expects that the company will earn $1.26 per share for the year, up from their prior forecast of $1.21.

Several other equities research analysts have also issued reports on CAE. Desjardins boosted their price target on shares of CAE from C$48.00 to C$49.00 and gave the company a "buy" rating in a report on Friday, August 14th. Royal Bank Of Canada raised shares of CAE from a "hold" rating to a "moderate buy" rating in a report on Monday, August 17th. Morgan Stanley cut shares of CAE from an "equal weight" rating to an "underweight" rating and decreased their price objective for the stock from C$43.00 to C$37.00 in a research note on Wednesday, July 15th. Scotia reduced their target price on CAE from C$56.00 to C$50.00 and set a "sector outperform" rating on the stock in a report on Friday, May 22nd. Finally, TD raised their price target on CAE from C$43.00 to C$45.00 and gave the company a "buy" rating in a report on Friday, August 14th. Ten analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of C$48.00.

CAE Price Performance

CAE stock opened at C$34.32 on Monday. The business's 50-day simple moving average is C$36.04 and its 200 day simple moving average is C$37.02. The company has a quick ratio of 0.71, a current ratio of 0.83 and a debt-to-equity ratio of 59.43. The company has a market cap of C$11.05 billion, a PE ratio of 38.56, a price-to-earnings-growth ratio of 1.76 and a beta of 0.57. CAE has a twelve month low of C$31.42 and a twelve month high of C$47.65.

CAE (TSE:CAE - Get Free Report) NYSE: CAE last issued its quarterly earnings results on Wednesday, August 12th. The company reported C$0.26 EPS for the quarter. The company had revenue of C$1.17 billion for the quarter. CAE had a return on equity of 5.47% and a net margin of 5.75%.

Insider Activity

In other news, Director Matthew Bromberg sold 64,710 shares of the firm's stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of C$35.60, for a total value of C$2,303,676.00. Following the transaction, the director owned 46,915 shares of the company's stock, valued at approximately C$1,670,174. This trade represents a 57.97% decrease in their position. Also, insider Hélène Violaine Gagnon sold 1,608 shares of the firm's stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of C$35.39, for a total transaction of C$56,907.12. Following the completion of the transaction, the insider directly owned 15,601 shares in the company, valued at approximately C$552,119.39. The trade was a 9.34% decrease in their ownership of the stock. In the last three months, insiders sold 87,975 shares of company stock worth $3,127,182. Corporate insiders own 0.15% of the company's stock.

CAE Company Profile

CAE Inc is a global company focused on delivering training for the civil aviation, defense, security, and healthcare markets. Multiple types of simulators and synthetic exercises may be sold to customers to serve as alternatives for live-training experiences. The company's training solutions are provided through products and services. CAE has many different training locations where clients can be trained and educated through a series of programs. Additionally, part of the revenues come from supplying aviation personnel on a lease, along with providing aviation support organizations.

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