Desjardins Has Pessimistic View of CAE FY2026 Earnings

CAE Inc (NYSE:CAEFree Report) (TSE:CAE) – Stock analysts at Desjardins reduced their FY2026 EPS estimates for CAE in a research report issued on Wednesday, November 12th. Desjardins analyst B. Poirier now forecasts that the aerospace company will post earnings per share of $0.86 for the year, down from their previous forecast of $0.91. The consensus estimate for CAE’s current full-year earnings is $0.83 per share.

Several other analysts also recently issued reports on the company. Weiss Ratings reissued a “hold (c)” rating on shares of CAE in a research note on Wednesday, October 8th. TD Securities upgraded shares of CAE from a “hold” rating to a “buy” rating in a research note on Wednesday, August 13th. Wall Street Zen lowered CAE from a “buy” rating to a “hold” rating in a research note on Saturday, August 16th. Royal Bank Of Canada lowered their target price on CAE from $41.00 to $40.00 and set a “sector perform” rating for the company in a report on Thursday. Finally, Scotiabank reiterated an “outperform” rating on shares of CAE in a report on Thursday, August 14th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, CAE currently has a consensus rating of “Moderate Buy” and a consensus target price of $34.33.

Read Our Latest Analysis on CAE

CAE Stock Performance

CAE traded up $0.18 during trading on Friday, reaching $26.50. 138,146 shares of the company’s stock were exchanged, compared to its average volume of 570,323. CAE has a fifty-two week low of $20.36 and a fifty-two week high of $30.13. The company has a quick ratio of 0.60, a current ratio of 0.87 and a debt-to-equity ratio of 0.63. The business has a 50 day moving average price of $27.77 and a 200 day moving average price of $27.42. The company has a market capitalization of $8.52 billion, a P/E ratio of 28.82, a PEG ratio of 2.49 and a beta of 1.42.

CAE (NYSE:CAEGet Free Report) (TSE:CAE) last issued its earnings results on Tuesday, November 11th. The aerospace company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.03. CAE had a return on equity of 7.92% and a net margin of 8.70%.The company had revenue of $897.99 million for the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter in the prior year, the company earned $0.24 EPS. The firm’s quarterly revenue was up 8.8% on a year-over-year basis.

Institutional Trading of CAE

Hedge funds have recently bought and sold shares of the stock. Employees Retirement System of Texas bought a new stake in CAE during the 2nd quarter valued at about $80,000. Bessemer Group Inc. lifted its holdings in shares of CAE by 360.9% during the 2nd quarter. Bessemer Group Inc. now owns 4,402 shares of the aerospace company’s stock valued at $129,000 after purchasing an additional 3,447 shares during the last quarter. Vestmark Advisory Solutions Inc. acquired a new position in CAE during the 2nd quarter valued at about $236,000. State of Wyoming grew its position in CAE by 39.4% during the 1st quarter. State of Wyoming now owns 8,431 shares of the aerospace company’s stock worth $207,000 after purchasing an additional 2,385 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in CAE by 11.1% during the 2nd quarter. PNC Financial Services Group Inc. now owns 8,510 shares of the aerospace company’s stock worth $249,000 after acquiring an additional 851 shares during the period. Hedge funds and other institutional investors own 67.36% of the company’s stock.

About CAE

(Get Free Report)

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.

Recommended Stories

Earnings History and Estimates for CAE (NYSE:CAE)

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.