CAE (NYSE:CAE) Issues FY 2027 Earnings Guidance

CAE (NYSE:CAE) (TSE:CAE) issued an update on its FY 2027 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.920-0.970 for the period, compared to the consensus earnings per share estimate of 0.900.

Analysts Set New Price Targets

CAE has been the topic of a number of recent research reports. Royal Bank Of Canada reiterated an “outperform” rating on shares of CAE in a report on Wednesday, October 28th. Weiss Ratings cut shares of CAE from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, July 23rd. Barclays started coverage on shares of CAE in a research report on Friday, October 9th. They issued an “overweight” rating and a $38.00 target price for the company. Jefferies Financial Group lowered their price target on shares of CAE from $28.00 to $26.00 and set a “hold” rating on the stock in a research note on Tuesday, October 13th. Finally, Morgan Stanley lowered shares of CAE from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, July 15th. Seven analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $33.33.

CAE Stock Down 1.2%

CAE traded down $0.34 on Wednesday, hitting $27.39. 636,552 shares of the company were exchanged, compared to its average volume of 765,756. The stock’s fifty day moving average is $24.68 and its 200-day moving average is $26.40. CAE has a 12 month low of $22.76 and a 12 month high of $34.24. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.77 and a current ratio of 0.96. The company has a market cap of $8.76 billion, a PE ratio of 38.58, a PEG ratio of 2.85 and a beta of 1.06.

CAE (NYSE:CAE) (TSE:CAE) last posted its quarterly earnings results on Wednesday, August 12th. The aerospace company reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.02. The firm had revenue of $826.42 million during the quarter, compared to the consensus estimate of $796.86 million. CAE had a return on equity of 7.45% and a net margin of 6.36%. The business’s revenue was up 6.8% compared to the same quarter last year. During the same period last year, the company earned $0.21 earnings per share. Equities research analysts predict that CAE will post 0.87 EPS for the current fiscal year.

CAE Company Profile

CAE Inc. is a Canadian technology company that develops simulation and training solutions for the civil aviation and defense markets. Founded in 1947 and headquartered in Montreal, the company serves customers around the world. In civil aviation, CAE provides flight simulators, training devices, and pilot and crew training services to airlines, business aviation operators, aircraft manufacturers, and other aviation organizations. Its offerings support training across a range of aircraft types and operational needs.