Scotiabank Issues Pessimistic Forecast for CAE Earnings

CAE Inc. (TSE:CAE - Free Report) NYSE: CAE - Equities research analysts at Scotiabank decreased their Q4 2026 earnings per share estimates for shares of CAE in a note issued to investors on Wednesday, May 14th. Scotiabank analyst K. Gupta now expects that the company will post earnings of $0.52 per share for the quarter, down from their previous estimate of $0.56. Scotiabank currently has a "Outperform" rating and a $42.00 target price on the stock. Scotiabank also issued estimates for CAE's Q4 2027 earnings at $0.55 EPS.

A number of other equities analysts also recently issued reports on the company. Royal Bank of Canada downgraded CAE from an "outperform" rating to a "sector perform" rating and cut their target price for the stock from C$41.00 to C$38.00 in a research note on Wednesday. CIBC increased their target price on CAE from C$37.00 to C$39.00 in a research report on Tuesday, February 18th. National Bank Financial raised CAE from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, May 6th. Morgan Stanley cut their price objective on CAE from C$37.00 to C$36.00 and set an "equal weight" rating on the stock in a research report on Friday, April 11th. Finally, BMO Capital Markets lifted their price target on CAE from C$39.00 to C$40.00 in a research note on Thursday. Seven equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, CAE has an average rating of "Moderate Buy" and a consensus target price of C$39.23.

CAE Stock Down 0.5%

TSE CAE traded down C$0.18 during trading on Monday, reaching C$34.37. 550,318 shares of the company's stock were exchanged, compared to its average volume of 692,518. The company has a 50 day moving average price of C$34.10 and a two-hundred day moving average price of C$33.95. The company has a debt-to-equity ratio of 74.04, a quick ratio of 0.71 and a current ratio of 0.84. CAE has a 1 year low of C$22.28 and a 1 year high of C$39.17. The stock has a market cap of C$10.99 billion, a P/E ratio of -32.96, a price-to-earnings-growth ratio of 1.76 and a beta of 1.91.

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.