What is Scotiabank’s Estimate for CAE FY2027 Earnings?

CAE Inc. (TSE:CAE) (NYSE:CAE) – Investment analysts at Scotiabank lowered their FY2027 earnings per share (EPS) estimates for CAE in a note issued to investors on Thursday, July 23rd. Scotiabank analyst K. Gupta now expects that the company will post earnings per share of $1.21 for the year, down from their prior estimate of $1.26.

Several other equities analysts also recently issued reports on the stock. Royal Bank Of Canada dropped their price target on shares of CAE from C$42.00 to C$36.00 and set an “outperform” rating for the company in a research note on Monday, May 25th. Canaccord Genuity Group boosted their price objective on shares of CAE from C$49.00 to C$50.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. TD decreased their price objective on CAE from C$49.00 to C$43.00 and set a “buy” rating for the company in a report on Monday, May 25th. Scotia lowered their target price on CAE from C$56.00 to C$50.00 and set a “sector outperform” rating for the company in a research report on Friday, May 22nd. Finally, Desjardins cut their target price on CAE from C$52.00 to C$50.00 and set a “buy” rating on the stock in a report on Monday, May 4th. Ten investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$47.92.

CAE Trading Up 2.6%

CAE opened at C$36.45 on Monday. The company has a debt-to-equity ratio of 60.97, a current ratio of 0.96 and a quick ratio of 0.71. CAE has a fifty-two week low of C$31.42 and a fifty-two week high of C$47.65. The company’s 50 day moving average price is C$35.41 and its two-hundred day moving average price is C$38.19. The firm has a market capitalization of C$11.72 billion, a price-to-earnings ratio of 37.58, a PEG ratio of 1.76 and a beta of 0.57.

CAE (TSE:CAE) (NYSE:CAE) last released its quarterly earnings data on Thursday, May 21st. The company reported C$0.42 earnings per share (EPS) for the quarter. The company had revenue of C$1.33 billion during the quarter. CAE had a return on equity of 6.12% and a net margin of 6.37%.

Insider Buying and Selling at CAE

In other news, insider Andrew Arnovitz sold 1,408 shares of the business’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of C$35.39, for a total value of C$49,829.12. Following the transaction, the insider owned 5,691 shares in the company, valued at approximately C$201,404.49. The trade was a 19.83% decrease in their position. Also, insider Phillip C. Copeland sold 1,770 shares of the company’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of C$35.39, for a total transaction of C$62,640.30. Following the completion of the sale, the insider directly owned 5,906 shares in the company, valued at approximately C$209,013.34. This represents a 23.06% decrease in their ownership of the stock. In the last three months, insiders have sold 87,975 shares of company stock worth $3,127,182. Company insiders own 0.15% of the company’s stock.

CAE Company Profile

CAE Inc is a global company focused on delivering training for the civil aviation, defense, security, and healthcare markets. Multiple types of simulators and synthetic exercises may be sold to customers to serve as alternatives for live-training experiences. The company’s training solutions are provided through products and services. CAE has many different training locations where clients can be trained and educated through a series of programs. Additionally, part of the revenues come from supplying aviation personnel on a lease, along with providing aviation support organizations.