Desjardins Has Bullish Forecast for CAE FY2025 Earnings

CAE Inc. (NYSE:CAE) (TSE:CAE) – Analysts at Desjardins lifted their FY2025 earnings per share (EPS) estimates for CAE in a research report issued on Wednesday, November 13th. Desjardins analyst B. Poirier now anticipates that the aerospace company will post earnings of $0.86 per share for the year, up from their previous estimate 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 equities research analysts have also issued reports on CAE. Royal Bank of Canada raised shares of CAE from a “hold” rating to a “moderate buy” rating in a report on Thursday, August 15th. Morgan Stanley cut CAE from an “overweight” rating to an “equal weight” rating in a research note on Friday, August 16th. Finally, StockNews.com raised CAE from a “hold” rating to a “buy” rating in a research report on Thursday. One analyst has rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $25.00.

CAE Stock Down 1.0 %

Shares of NYSE CAE opened at $21.77 on Friday. The firm’s fifty day moving average is $18.61 and its 200 day moving average is $18.59. CAE has a 52 week low of $15.95 and a 52 week high of $22.11. The company has a quick ratio of 0.61, a current ratio of 0.84 and a debt-to-equity ratio of 0.62. The company has a market cap of $6.93 billion, a price-to-earnings ratio of -28.27, a PEG ratio of 1.60 and a beta of 1.67.

CAE (NYSE:CAE) (TSE:CAE) last announced its quarterly earnings data on Tuesday, August 13th. The aerospace company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.01. CAE had a positive return on equity of 5.79% and a negative net margin of 7.49%. The firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.05 billion. During the same quarter in the previous year, the company posted $0.18 earnings per share. The business’s revenue was up 6.0% on a year-over-year basis.

Institutional Trading of CAE

Several institutional investors and hedge funds have recently bought and sold shares of the stock. IHT Wealth Management LLC lifted its stake in shares of CAE by 3.7% in the 3rd quarter. IHT Wealth Management LLC now owns 22,690 shares of the aerospace company’s stock valued at $425,000 after purchasing an additional 802 shares during the period. Confluence Investment Management LLC raised its holdings in CAE by 3.5% in the second quarter. Confluence Investment Management LLC now owns 25,098 shares of the aerospace company’s stock worth $466,000 after purchasing an additional 857 shares in the last quarter. DekaBank Deutsche Girozentrale lifted its position in CAE by 2.7% during the second quarter. DekaBank Deutsche Girozentrale now owns 33,517 shares of the aerospace company’s stock valued at $632,000 after buying an additional 871 shares during the period. Cromwell Holdings LLC boosted its holdings in shares of CAE by 103.4% during the 3rd quarter. Cromwell Holdings LLC now owns 1,800 shares of the aerospace company’s stock valued at $34,000 after buying an additional 915 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp grew its position in shares of CAE by 86.2% in the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 2,376 shares of the aerospace company’s stock worth $48,000 after buying an additional 1,100 shares during the period. 67.36% of the stock is currently owned by hedge funds and other institutional investors.

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.