National Bank Financial Forecasts Reduced Earnings for CAE

CAE Inc. (NYSE:CAE) (TSE:CAE) – Stock analysts at National Bank Financial reduced their FY2026 earnings per share (EPS) estimates for CAE in a report issued on Wednesday, May 14th. National Bank Financial analyst C. Doerksen now anticipates that the aerospace company will post earnings of $0.93 per share for the year, down from their prior forecast of $1.01. National Bank Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for CAE’s current full-year earnings is $0.83 per share. National Bank Financial also issued estimates for CAE’s FY2027 earnings at $1.14 EPS.

Other analysts have also recently issued research reports about the company. CIBC reaffirmed a “neutral” rating on shares of CAE in a research report on Thursday, May 15th. Jefferies Financial Group dropped their price objective on CAE from $28.00 to $27.00 and set a “hold” rating on the stock in a research note on Friday, May 16th. Bank of America upgraded CAE from an “underperform” rating to a “neutral” rating in a research note on Friday, March 7th. StockNews.com upgraded CAE from a “buy” rating to a “strong-buy” rating in a research note on Monday. Finally, Scotiabank upgraded CAE from a “sector perform” rating to a “sector outperform” rating in a research note on Thursday, May 15th. Eight investment analysts have rated the stock with a hold rating, five have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, CAE presently has a consensus rating of “Moderate Buy” and a consensus target price of $34.00.

CAE Price Performance

Shares of NYSE:CAE opened at $25.92 on Monday. CAE has a fifty-two week low of $15.95 and a fifty-two week high of $27.62. The business has a 50-day moving average of $24.30 and a two-hundred day moving average of $23.84. The stock has a market capitalization of $8.30 billion, a P/E ratio of -49.85, a P/E/G ratio of 1.94 and a beta of 1.26. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.86 and a quick ratio of 0.63.

CAE (NYSE:CAE) (TSE:CAE) last announced its quarterly earnings results on Tuesday, May 13th. The aerospace company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.01. CAE had a positive return on equity of 6.11% and a negative net margin of 4.96%. The company had revenue of $886.20 million during the quarter, compared to analysts’ expectations of $1.30 billion. During the same quarter in the previous year, the firm earned $0.37 earnings per share. The business’s quarterly revenue was up 13.2% compared to the same quarter last year.

Institutional Investors Weigh In On CAE

Large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. grew its stake in shares of CAE by 3.7% in the 4th quarter. JPMorgan Chase & Co. now owns 1,172,533 shares of the aerospace company’s stock valued at $29,759,000 after purchasing an additional 42,325 shares during the period. Raymond James Financial Inc. bought a new stake in shares of CAE in the 4th quarter valued at approximately $4,746,000. Norges Bank bought a new stake in shares of CAE in the 4th quarter valued at approximately $98,436,000. Plato Investment Management Ltd bought a new stake in shares of CAE in the 4th quarter valued at approximately $846,000. Finally, Intact Investment Management Inc. acquired a new position in shares of CAE in the 4th quarter worth approximately $13,763,000. 67.36% of the stock is currently owned by 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.