CAE Inc. (NYSE:CAE – Free Report) (TSE:CAE) – Equities researchers at Desjardins increased their FY2025 EPS estimates for CAE in a research note issued on Wednesday, November 13th. Desjardins analyst B. Poirier now anticipates that the aerospace company will earn $0.86 per share for the year, up from their previous forecast of $0.82. The consensus estimate for CAE’s current full-year earnings is $0.85 per share. Desjardins also issued estimates for CAE’s FY2027 earnings at $1.14 EPS.
A number of other research firms also recently issued reports on CAE. Royal Bank of Canada upgraded shares of CAE from a “hold” rating to a “moderate buy” rating in a report on Thursday, August 15th. StockNews.com upgraded shares of CAE from a “hold” rating to a “buy” rating in a report on Thursday. Finally, Morgan Stanley downgraded shares of CAE from an “overweight” rating to an “equal weight” rating in a report on Friday, August 16th. One analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, CAE currently has an average rating of “Hold” and an average target price of $25.00.
CAE Stock Performance
NYSE CAE opened at $21.75 on Friday. CAE has a 52-week low of $15.95 and a 52-week high of $22.11. The company has a 50-day simple moving average of $18.61 and a 200 day simple moving average of $18.59. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.61 and a current ratio of 0.84. The company has a market capitalization of $6.93 billion, a PE ratio of -28.25, a price-to-earnings-growth ratio of 1.60 and a beta of 1.67.
CAE (NYSE:CAE – Get Free Report) (TSE:CAE) last posted its quarterly earnings data on Tuesday, August 13th. The aerospace company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.01. CAE had a negative net margin of 7.49% and a positive return on equity of 5.79%. The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.05 billion. During the same quarter last year, the company posted $0.18 earnings per share. The firm’s quarterly revenue was up 6.0% compared to the same quarter last year.
Hedge Funds Weigh In On CAE
A number of institutional investors and hedge funds have recently added to or reduced their stakes in CAE. Mitsubishi UFJ Trust & Banking Corp boosted its position in CAE by 86.2% during the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 2,376 shares of the aerospace company’s stock worth $48,000 after purchasing an additional 1,100 shares during the period. Intech Investment Management LLC bought a new position in shares of CAE in the first quarter valued at approximately $305,000. Vanguard Group Inc. boosted its position in shares of CAE by 1.2% in the first quarter. Vanguard Group Inc. now owns 10,832,988 shares of the aerospace company’s stock valued at $223,593,000 after acquiring an additional 127,504 shares during the period. Clearbridge Investments LLC boosted its position in shares of CAE by 17.1% in the first quarter. Clearbridge Investments LLC now owns 3,710,044 shares of the aerospace company’s stock valued at $76,575,000 after acquiring an additional 541,066 shares during the period. Finally, UniSuper Management Pty Ltd boosted its position in shares of CAE by 104.5% in the first quarter. UniSuper Management Pty Ltd now owns 4,500 shares of the aerospace company’s stock valued at $93,000 after acquiring an additional 2,300 shares during the period. Institutional investors 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.
Featured Articles
- Five stocks we like better than CAE
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- ORIC: Working with Two Pharma Giants, Analysts See +100% Upside
- Manufacturing Stocks Investing
- Freeport-McMoRan, Copper Demand Short-Term Pain, Long-Term Gain
- Buy P&G Now, Before It Sets A New All-Time High
- Time to Load Up on Home Builders?
Receive News & Ratings for CAE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CAE and related companies with MarketBeat.com's FREE daily email newsletter.