National Bank Financial Has Negative View of CAE Q1 Earnings

CAE Inc. (NYSE:CAE) (TSE:CAE) – National Bank Financial reduced their Q1 2026 earnings per share estimates for shares of CAE in a report released on Wednesday, May 14th. National Bank Financial analyst C. Doerksen now anticipates that the aerospace company will earn $0.13 per share for the quarter, down from their previous estimate of $0.17. 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 Q2 2026 earnings at $0.17 EPS, Q1 2027 earnings at $0.19 EPS, Q2 2027 earnings at $0.22 EPS and Q4 2027 earnings at $0.42 EPS.

CAE (NYSE:CAE) (TSE:CAE) last released its earnings results on Tuesday, May 13th. The aerospace company reported $0.33 EPS 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 for the quarter, compared to the consensus estimate of $1.30 billion.

A number of other analysts have also recently weighed in on the stock. Bank of America raised shares of CAE from an “underperform” rating to a “neutral” rating in a report on Friday, March 7th. Jefferies Financial Group dropped their price objective on shares of CAE from $28.00 to $27.00 and set a “hold” rating on the stock in a research note on Friday. Scotiabank raised shares of CAE from a “sector perform” rating to a “sector outperform” rating in a report on Thursday. The Goldman Sachs Group upped their target price on CAE from $28.00 to $32.00 and gave the company a “buy” rating in a report on Tuesday, February 18th. Finally, StockNews.com upgraded CAE from a “hold” rating to a “buy” rating in a research report on Saturday, April 12th. Seven equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, CAE has an average rating of “Moderate Buy” and a consensus price target of $34.00.

CAE Stock Performance

Shares of CAE opened at $25.42 on Friday. The stock has a market capitalization of $8.14 billion, a PE ratio of -48.88, a price-to-earnings-growth ratio of 1.94 and a beta of 1.26. The business’s fifty day moving average price is $24.23 and its 200 day moving average price is $23.73. 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 has a 12-month low of $15.95 and a 12-month high of $27.62.

Hedge Funds Weigh In On CAE

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Caisse DE Depot ET Placement DU Quebec raised its stake in CAE by 25.7% during the 4th quarter. Caisse DE Depot ET Placement DU Quebec now owns 30,917,402 shares of the aerospace company’s stock valued at $784,651,000 after acquiring an additional 6,313,165 shares in the last quarter. JARISLOWSKY FRASER Ltd increased its holdings in shares of CAE by 7.6% during the fourth quarter. JARISLOWSKY FRASER Ltd now owns 23,994,091 shares of the aerospace company’s stock valued at $606,697,000 after purchasing an additional 1,702,904 shares during the period. Brandes Investment Partners LP increased its holdings in shares of CAE by 1.5% during the fourth quarter. Brandes Investment Partners LP now owns 14,911,697 shares of the aerospace company’s stock valued at $378,459,000 after purchasing an additional 221,205 shares during the period. Browning West LP raised its stake in shares of CAE by 131.4% during the first quarter. Browning West LP now owns 13,734,943 shares of the aerospace company’s stock valued at $337,742,000 after purchasing an additional 7,800,012 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in CAE by 1.2% in the first quarter. Vanguard Group Inc. now owns 12,363,008 shares of the aerospace company’s stock worth $303,957,000 after purchasing an additional 149,142 shares during the period. 67.36% of the stock is currently owned by institutional investors and hedge funds.

About CAE

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.