Desjardins Has Positive Outlook for CAE Q3 Earnings

CAE Inc. (NYSE:CAE - Free Report) TSE: CAE - Stock analysts at Desjardins boosted their Q3 2026 EPS estimates for shares of CAE in a note issued to investors on Wednesday, May 14th. Desjardins analyst B. Poirier now anticipates that the aerospace company will post earnings per share of $0.22 for the quarter, up from their prior estimate of $0.21. The consensus estimate for CAE's current full-year earnings is $0.83 per share. Desjardins also issued estimates for CAE's Q4 2026 earnings at $0.39 EPS, FY2026 earnings at $0.93 EPS and FY2027 earnings at $1.09 EPS.

CAE (NYSE:CAE - Get Free Report) TSE: CAE last released its quarterly earnings results on Tuesday, May 13th. The aerospace company reported $0.33 earnings per share for the quarter, beating analysts' consensus estimates of $0.32 by $0.01. The business had revenue of $886.20 million for the quarter, compared to the consensus estimate of $1.30 billion. CAE had a negative net margin of 4.96% and a positive return on equity of 6.11%. CAE's revenue for the quarter was up 13.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.37 EPS.

A number of other research analysts have also issued reports on CAE. The Goldman Sachs Group raised their target price on shares of CAE from $28.00 to $32.00 and gave the company a "buy" rating in a research note on Tuesday, February 18th. BMO Capital Markets reiterated an "outperform" rating on shares of CAE in a research note on Wednesday, May 14th. Scotiabank upgraded shares of CAE from a "sector perform" rating to a "sector outperform" rating in a research note on Thursday, May 15th. Royal Bank of Canada lowered shares of CAE from an "outperform" rating to a "sector perform" rating and lowered their target price for the company from $41.00 to $38.00 in a research note on Wednesday. Finally, Bank of America upgraded shares of CAE from an "underperform" rating to a "neutral" rating in a research note on Friday, March 7th. Seven equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $32.33.

CAE Stock Performance

NYSE:CAE traded up $0.12 during midday trading on Monday, reaching $25.03. The stock had a trading volume of 366,952 shares, compared to its average volume of 563,002. CAE has a 1-year low of $15.95 and a 1-year high of $27.62. The firm's fifty day simple moving average is $24.33 and its 200-day simple moving average is $23.97. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.86 and a quick ratio of 0.63. The stock has a market capitalization of $8.02 billion, a P/E ratio of -48.13, a PEG ratio of 1.94 and a beta of 1.26.

Institutional Trading of CAE

Several institutional investors have recently made changes to their positions in CAE. Nomura Holdings Inc. acquired a new stake in shares of CAE during the 4th quarter valued at about $201,771,000. Browning West LP boosted its position in shares of CAE by 131.4% during the 1st quarter. Browning West LP now owns 13,734,943 shares of the aerospace company's stock valued at $337,742,000 after acquiring an additional 7,800,012 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec boosted its position in CAE by 25.7% in the fourth quarter. Caisse DE Depot ET Placement DU Quebec now owns 30,917,402 shares of the aerospace company's stock valued at $784,651,000 after buying an additional 6,313,165 shares in the last quarter. Select Equity Group L.P. boosted its position in CAE by 427.1% in the fourth quarter. Select Equity Group L.P. now owns 6,741,514 shares of the aerospace company's stock valued at $171,093,000 after buying an additional 5,462,455 shares in the last quarter. Finally, Norges Bank acquired a new position in CAE in the fourth quarter valued at about $98,436,000. 67.36% of the stock is currently 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.