Desjardins Has Pessimistic Outlook of CAE FY2027 Earnings

CAE Inc. (TSE:CAE) (NYSE:CAE) – Investment analysts at Desjardins dropped their FY2027 EPS estimates for shares of CAE in a report released on Wednesday, May 14th. Desjardins analyst B. Poirier now forecasts that the company will post earnings of $1.53 per share for the year, down from their prior estimate of $1.62.

A number of other equities analysts also recently issued reports on the stock. National Bankshares raised shares of CAE from a “sector perform” rating to an “outperform” rating and lifted their price objective for the stock from C$40.00 to C$43.00 in a report on Wednesday, May 7th. CIBC lifted their price objective on shares of CAE from C$37.00 to C$39.00 in a report on Tuesday, February 18th. Morgan Stanley cut their price objective on shares of CAE from C$37.00 to C$36.00 and set an “equal weight” rating on the stock in a report on Friday, April 11th. Bank of America raised shares of CAE from an “underperform” rating to a “neutral” rating and lifted their price objective for the stock from C$25.00 to C$45.00 in a report on Friday, March 7th. Finally, TD Securities lifted their price objective on shares of CAE from C$35.00 to C$39.00 and gave the stock a “hold” rating in a report on Tuesday, February 18th. Six research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$38.45.

CAE Price Performance

CAE opened at C$35.50 on Monday. The company has a debt-to-equity ratio of 74.04, a current ratio of 0.84 and a quick ratio of 0.71. The company has a market capitalization of C$11.35 billion, a price-to-earnings ratio of -34.04, a P/E/G ratio of 1.76 and a beta of 1.91. The firm’s fifty day moving average price is C$34.10 and its two-hundred day moving average price is C$33.74. CAE has a 1 year low of C$22.28 and a 1 year high of C$39.17.

About CAE

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.