Brokers Issue Forecasts for CAE’s FY2025 Earnings (NYSE:CAE)

CAE Inc. (NYSE:CAE) (TSE:CAE) – Stock analysts at Desjardins raised their FY2025 earnings per share (EPS) estimates for shares of CAE in a note issued to investors on Wednesday, November 13th. Desjardins analyst B. Poirier now forecasts that the aerospace company will post earnings per share of $0.86 for the year, up from their prior forecast 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.

CAE (NYSE:CAE) (TSE:CAE) last released its earnings results 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 negative net margin of 7.49% and a positive return on equity of 5.79%. The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.05 billion. During the same quarter in the previous year, the firm earned $0.18 earnings per share. The firm’s revenue for the quarter was up 6.0% compared to the same quarter last year.

Several other equities research analysts have also weighed in on CAE. Morgan Stanley lowered CAE from an “overweight” rating to an “equal weight” rating in a research report on Friday, August 16th. StockNews.com raised CAE from a “hold” rating to a “buy” rating in a report on Thursday. Finally, Royal Bank of Canada upgraded CAE from a “hold” rating to a “moderate buy” rating in a research report on Thursday, August 15th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, CAE presently has a consensus rating of “Hold” and an average target price of $28.00.

CAE Trading Up 2.1 %

CAE opened at $21.99 on Friday. The company has a current ratio of 0.84, a quick ratio of 0.61 and a debt-to-equity ratio of 0.62. The company’s 50-day moving average price is $18.52 and its 200 day moving average price is $18.57. CAE has a fifty-two week low of $15.95 and a fifty-two week high of $22.11.

Hedge Funds Weigh In On CAE

Hedge funds and other institutional investors have recently modified their holdings of the stock. Confluence Investment Management LLC boosted its stake in CAE by 3.5% in the 2nd 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 during the period. DekaBank Deutsche Girozentrale grew its stake in CAE by 2.7% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 33,517 shares of the aerospace company’s stock valued at $632,000 after acquiring an additional 871 shares in the last quarter. Cromwell Holdings LLC lifted its position in shares of CAE by 103.4% in the third quarter. Cromwell Holdings LLC now owns 1,800 shares of the aerospace company’s stock worth $34,000 after purchasing an additional 915 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp lifted its position in 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 in the last quarter. Finally, Hantz Financial Services Inc. boosted its stake in shares of CAE by 1.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 91,561 shares of the aerospace company’s stock valued at $1,717,000 after buying an additional 1,223 shares during the period. Institutional investors and hedge funds own 67.36% of the company’s stock.

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.