Desjardins Has Positive Outlook of CAE FY2025 Earnings

CAE Inc. (TSE:CAE) (NYSE:CAE) – Equities research analysts at Desjardins raised their FY2025 earnings per share estimates for shares of CAE in a research report issued on Wednesday, November 13th. Desjardins analyst B. Poirier now anticipates that the company will earn $1.20 per share for the year, up from their previous estimate of $1.12. Desjardins also issued estimates for CAE’s FY2027 earnings at $1.58 EPS.

Several other research firms also recently issued reports on CAE. TD Securities upped their price objective on shares of CAE from C$33.00 to C$34.00 and gave the company a “buy” rating in a research note on Thursday. Royal Bank of Canada upped their target price on CAE from C$27.00 to C$34.00 in a research report on Thursday. Scotiabank lifted their price target on CAE from C$30.00 to C$32.50 in a research report on Thursday. CIBC increased their price objective on CAE from C$30.00 to C$33.00 in a report on Thursday. Finally, National Bankshares raised their target price on shares of CAE from C$30.00 to C$34.00 in a research report on Wednesday. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, CAE currently has an average rating of “Hold” and an average price target of C$32.35.

CAE Stock Performance

Shares of CAE opened at C$30.67 on Friday. The company has a market capitalization of C$9.78 billion, a price-to-earnings ratio of -28.66, a price-to-earnings-growth ratio of 1.76 and a beta of 1.91. CAE has a 52-week low of C$22.28 and a 52-week high of C$31.08. The company has a quick ratio of 0.71, a current ratio of 0.89 and a debt-to-equity ratio of 74.24. The stock has a 50 day moving average price of C$25.49 and a 200 day moving average price of C$25.49.

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, Oceania and Africa, and Rest of Americas. It operates through three segments: Civil Aviation, Defense and Security, and Healthcare.