CAE (NYSE:CAE) Issues FY 2027 Earnings Guidance

CAE (NYSE:CAEGet Free Report) (TSE:CAE) updated its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share 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 Price Performance

CAE traded up $0.51 on Wednesday, reaching $27.68. The stock had a trading volume of 781,304 shares, compared to its average volume of 775,148. The company has a current ratio of 0.96, a quick ratio of 0.77 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $8.90 billion, a price-to-earnings ratio of 38.99, a price-to-earnings-growth ratio of 2.85 and a beta of 1.01. CAE has a fifty-two week low of $22.76 and a fifty-two week high of $34.24. The firm has a 50-day moving average of $25.52 and a 200-day moving average of $27.13.

CAE (NYSE:CAEGet Free Report) (TSE:CAE) last released its quarterly earnings results on Thursday, May 21st. The aerospace company reported $0.31 earnings per share for the quarter, topping the consensus estimate 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 previous year, the business posted $0.47 earnings per share. The business’s quarterly 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. As a group, sell-side analysts anticipate that CAE will post 0.87 EPS for the current year.

Wall Street Analysts Forecast Growth

CAE has been the subject of several recent research reports. Jefferies Financial Group restated a “hold” rating and issued a $26.00 price target on shares of CAE in a research report on Thursday, June 25th. Zacks Research raised shares of CAE from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 13th. Weiss Ratings downgraded CAE from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, July 23rd. Wall Street Zen downgraded CAE from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. Finally, Morgan Stanley lowered CAE from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, July 15th. Five equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, CAE currently has a consensus rating of “Hold” and an average price target of $31.00.

Read Our Latest Analysis on CAE

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of CAE. Transamerica Financial Advisors LLC grew its holdings in CAE by 170.7% in the fourth quarter. Transamerica Financial Advisors LLC now owns 1,267 shares of the aerospace company’s stock worth $39,000 after purchasing an additional 799 shares during the period. Kestra Advisory Services LLC bought a new position in shares of CAE during the 4th quarter worth about $41,000. CIBC Private Wealth Group LLC bought a new position in shares of CAE during the 3rd quarter worth about $42,000. Brown Brothers Harriman & Co. acquired a new stake in shares of CAE in the 4th quarter valued at about $47,000. Finally, Syon Capital LLC bought a new stake in CAE in the 4th quarter valued at about $246,000. 67.36% of the stock is owned by institutional investors.

CAE Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for CAE (NYSE:CAE)

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