Research Analysts Set Expectations for CAE FY2027 Earnings

CAE Inc. (NYSE:CAE - Free Report) TSE: CAE - Equities researchers at National Bank Financial issued their FY2027 earnings per share (EPS) estimates for CAE in a report released on Tuesday, May 6th. National Bank Financial analyst C. Doerksen forecasts that the aerospace company will post earnings of $1.18 per share for the year. National Bank Financial currently has a "Strong-Buy" rating on the stock. The consensus estimate for CAE's current full-year earnings is $0.83 per share.

CAE (NYSE:CAE - Get Free Report) TSE: CAE last released its quarterly earnings results on Thursday, February 13th. The aerospace company reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.20 by $0.01. CAE had a negative net margin of 4.96% and a positive return on equity of 6.11%.

CAE has been the subject of several other reports. The Goldman Sachs Group lifted their price objective on CAE from $28.00 to $32.00 and gave the company a "buy" rating in a report on Tuesday, February 18th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $43.00 price target on shares of CAE in a research note on Wednesday, March 12th. Bank of America upgraded shares of CAE from an "underperform" rating to a "neutral" rating in a research note on Friday, March 7th. Finally, StockNews.com upgraded shares of CAE from a "hold" rating to a "buy" rating in a research report on Saturday, April 12th. Seven analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $32.00.

CAE Stock Performance

Shares of CAE traded down $0.02 during mid-day trading on Thursday, hitting $25.91. 800,629 shares of the company's stock were exchanged, compared to its average volume of 564,078. The company has a quick ratio of 0.63, a current ratio of 0.86 and a debt-to-equity ratio of 0.70. The firm has a market cap of $8.30 billion, a price-to-earnings ratio of -49.83, a price-to-earnings-growth ratio of 1.94 and a beta of 1.26. The stock's 50-day simple moving average is $24.13 and its 200-day simple moving average is $23.49. CAE has a 52 week low of $15.95 and a 52 week high of $27.62.

Hedge Funds Weigh In On CAE

A number of institutional investors and hedge funds have recently bought and sold shares of CAE. Nomura Holdings Inc. acquired a new position in shares of CAE in the fourth quarter valued at approximately $201,771,000. Caisse DE Depot ET Placement DU Quebec increased its position in CAE by 25.7% in the 4th 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 acquiring an additional 6,313,165 shares during the period. Browning West LP bought a new position in shares of CAE during the fourth quarter valued at $150,629,000. Select Equity Group L.P. lifted its holdings in shares of CAE by 427.1% during the fourth quarter. Select Equity Group L.P. now owns 6,741,514 shares of the aerospace company's stock worth $171,093,000 after purchasing an additional 5,462,455 shares during the period. Finally, Norges Bank bought a new stake in shares of CAE in the fourth quarter worth $98,436,000. Institutional investors and hedge funds own 67.36% of the company's stock.

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.