Scotiabank Analysts Reduce Earnings Estimates for CAE

CAE Inc. (NYSE:CAE - Free Report) TSE: CAE - Investment analysts at Scotiabank cut their Q4 2026 earnings per share estimates for shares of CAE in a research note issued on Wednesday, May 14th. Scotiabank analyst K. Gupta now expects that the aerospace company will post earnings of $0.37 per share for the quarter, down from their previous forecast of $0.40. Scotiabank currently has a "Sector 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 Q4 2027 earnings at $0.39 EPS.

Several other research firms have also weighed in on CAE. Jefferies Financial Group reduced their target price on CAE from $28.00 to $27.00 and set a "hold" rating for the company in a report on Friday, May 16th. National Bank Financial raised CAE from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, May 6th. BMO Capital Markets reaffirmed an "outperform" rating on shares of CAE in a research report on Wednesday, May 14th. Royal Bank of Canada cut CAE from an "outperform" rating to a "sector perform" rating and lowered their price objective for the company from $41.00 to $38.00 in a research report on Wednesday. Finally, CIBC reiterated a "neutral" rating on shares of CAE in a research report on Thursday, May 15th. Seven equities research analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $32.33.

CAE Stock Performance

CAE traded up $0.12 on Monday, hitting $25.03. The company had a trading volume of 366,952 shares, compared to its average volume of 563,002. The company's fifty day moving average price is $24.33 and its 200 day moving average price is $23.97. CAE has a 1-year low of $15.95 and a 1-year high of $27.62. 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 cap of $8.02 billion, a price-to-earnings ratio of -48.13, a price-to-earnings-growth ratio of 1.94 and a beta of 1.26.

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

Hedge Funds Weigh In On CAE

Institutional investors and hedge funds have recently bought and sold shares of the business. Ossiam lifted its stake in shares of CAE by 1.0% during the fourth quarter. Ossiam now owns 46,220 shares of the aerospace company's stock valued at $1,173,000 after acquiring an additional 447 shares during the period. United Services Automobile Association increased its holdings 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 worth $265,000 after acquiring an additional 462 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of CAE by 4.6% in the fourth quarter. Cetera Investment Advisers now owns 11,386 shares of the aerospace company's stock worth $289,000 after acquiring an additional 497 shares in the last quarter. Rathbones Group PLC grew its holdings in shares of CAE by 0.9% during the fourth quarter. Rathbones Group PLC now owns 54,600 shares of the aerospace company's stock worth $1,386,000 after buying an additional 500 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co grew its holdings in shares of CAE by 0.8% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 79,352 shares of the aerospace company's stock worth $1,991,000 after buying an additional 646 shares in the last quarter. Institutional investors and hedge funds own 67.36% of the company's stock.

About CAE

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.