CAE (NYSE:CAE) Updates FY 2027 Earnings Guidance

CAE (NYSE:CAE) (TSE:CAE) issued an update on its FY 2027 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.870-0.920 for the period, compared to the consensus earnings per share estimate of 0.870. The company issued revenue guidance of -.

CAE Trading Up 1.9%

NYSE CAE opened at $27.68 on Thursday. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.96 and a quick ratio of 0.77. The stock has a market capitalization of $8.90 billion, a P/E ratio of 38.99, a PEG ratio of 2.85 and a beta of 1.01. The firm’s 50-day moving average is $25.58 and its two-hundred day moving average is $27.09. CAE has a 12 month low of $22.76 and a 12 month high of $34.24.

CAE (NYSE:CAE) (TSE:CAE) last released its quarterly earnings results on Thursday, May 21st. The aerospace company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.01. CAE had a return on equity of 7.45% and a net margin of 6.36%.The company had revenue of $953.79 million for the quarter, compared to analysts’ expectations of $924.83 million. During the same period in the prior year, the firm earned $0.47 earnings per share. The firm’s revenue was up 4.0% compared to the same quarter last year. CAE has set its FY 2027 guidance at 0.880-0.930 EPS. On average, sell-side analysts anticipate that CAE will post 0.87 earnings per share for the current year.

Analyst Upgrades and Downgrades

CAE has been the topic of several recent research reports. Zacks Research upgraded CAE from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 13th. Weiss Ratings cut shares of CAE from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, July 23rd. National Bank Financial reissued an “outperform” rating on shares of CAE in a research report on Friday, May 22nd. Royal Bank Of Canada reduced their price objective on shares of CAE from $42.00 to $36.00 and set a “sector perform” rating on the stock in a research note on Tuesday, May 26th. Finally, Morgan Stanley cut shares of CAE from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, July 15th. Five analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, CAE presently has an average rating of “Hold” and a consensus target price of $31.00.

Hedge Funds Weigh In On CAE

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. FIL Ltd lifted its holdings in CAE by 21.9% in the 4th quarter. FIL Ltd now owns 10,422,522 shares of the aerospace company’s stock worth $316,955,000 after buying an additional 1,874,739 shares in the last quarter. Morgan Stanley boosted its stake in shares of CAE by 114.0% during the 4th quarter. Morgan Stanley now owns 2,059,644 shares of the aerospace company’s stock valued at $62,654,000 after buying an additional 1,097,193 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of CAE by 142.6% in the first quarter. Goldman Sachs Group Inc. now owns 1,709,480 shares of the aerospace company’s stock worth $42,036,000 after buying an additional 1,004,820 shares during the last quarter. Picton Mahoney Asset Management bought a new position in shares of CAE during the fourth quarter worth about $29,165,000. Finally, Federation des caisses Desjardins du Quebec increased its holdings in shares of CAE by 58.4% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 1,804,400 shares of the aerospace company’s stock valued at $54,819,000 after acquiring an additional 664,975 shares during the last quarter. Hedge funds and other institutional investors own 67.36% of the company’s stock.

CAE Company Profile

CAE Inc is a global leader in training and simulation technologies, headquartered in Montréal, Canada. The company specializes in the design and manufacture of high-fidelity flight simulators and training systems for civil aviation, defense and security, and healthcare markets. Leveraging advanced software and hardware integration, CAE delivers comprehensive training solutions that address pilot proficiency, mission readiness and patient safety across a wide range of platforms.

In civil aviation, CAE partners with major airlines, aircraft manufacturers and flight schools to provide pilot training services, courseware development and crew scheduling solutions.