Scotiabank Analysts Increase Earnings Estimates for CAE

CAE Inc. (TSE:CAE) (NYSE:CAE) – Stock analysts at Scotiabank boosted their Q1 2028 earnings per share estimates for shares of CAE in a report issued on Wednesday, January 21st. Scotiabank analyst K. Gupta now anticipates that the company will post earnings of $0.33 per share for the quarter, up from their previous estimate of $0.32. Scotiabank currently has a “Outperform” rating and a $57.00 target price on the stock. Scotiabank also issued estimates for CAE’s Q2 2028 earnings at $0.38 EPS, Q3 2028 earnings at $0.49 EPS, FY2028 earnings at $1.81 EPS and FY2029 earnings at $2.24 EPS.

CAE (TSE:CAE) (NYSE:CAE) last announced its earnings results on Tuesday, November 11th. The company reported C$0.23 earnings per share (EPS) for the quarter. CAE had a negative net margin of 7.75% and a negative return on equity of 7.81%. The business had revenue of C$1.24 billion for the quarter.

CAE has been the subject of several other research reports. Desjardins increased their target price on shares of CAE from C$46.00 to C$51.00 and gave the stock a “buy” rating in a research note on Friday, December 12th. TD Securities increased their price objective on CAE from C$46.00 to C$53.00 and gave the stock a “buy” rating in a research report on Monday, January 12th. Royal Bank Of Canada boosted their target price on CAE from C$40.00 to C$46.00 and gave the company a “sector perform” rating in a report on Monday, January 12th. Finally, CIBC upped their price target on CAE from C$47.00 to C$56.00 in a research note on Wednesday. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$48.05.

CAE Trading Down 0.4%

Shares of CAE stock opened at C$46.00 on Friday. The company has a debt-to-equity ratio of 74.04, a quick ratio of 0.71 and a current ratio of 0.84. The company has a market capitalization of C$14.79 billion, a P/E ratio of 33.82, a PEG ratio of 1.76 and a beta of 0.93. CAE has a 1 year low of C$28.98 and a 1 year high of C$47.65. The company’s fifty day moving average is C$41.11 and its two-hundred day moving average is C$39.60.

About CAE

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. CAE has many different training locations where clients can be trained and educated through a series of programs. Additionally, part of the revenues come from supplying aviation personnel on a lease, along with providing aviation support organizations.