Desjardins Brokers Raise Earnings Estimates for CAE

CAE Inc. (TSE:CAE) (NYSE:CAE) – Analysts at Desjardins increased their Q1 2027 earnings estimates for shares of CAE in a research report issued to clients and investors on Thursday, August 14th. Desjardins analyst B. Poirier now anticipates that the company will earn $0.29 per share for the quarter, up from their previous forecast of $0.28. Desjardins also issued estimates for CAE’s Q2 2027 earnings at $0.27 EPS and Q4 2027 earnings at $0.60 EPS.

CAE has been the topic of a number of other reports. BMO Capital Markets raised their price target on shares of CAE from C$40.00 to C$50.00 and gave the company an “outperform” rating in a research note on Monday, July 21st. National Bank Financial raised shares of CAE from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 6th. Scotiabank increased their price objective on shares of CAE from C$42.00 to C$46.50 and gave the company an “outperform” rating in a report on Thursday, August 14th. Canaccord Genuity Group cut their price objective on shares of CAE from C$40.00 to C$38.50 and set a “hold” rating for the company in a report on Thursday, May 22nd. Finally, Cibc World Mkts upgraded shares of CAE from a “hold” rating to a “strong-buy” rating in a report on Friday, June 27th. Four equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, CAE currently has an average rating of “Moderate Buy” and a consensus price target of C$41.82.

CAE Trading Up 1.2%

Shares of CAE stock opened at C$38.38 on Monday. The firm has a market capitalization of C$12.27 billion, a PE ratio of -36.80, a P/E/G ratio of 1.76 and a beta of 1.91. CAE has a twelve month low of C$23.50 and a twelve month high of C$41.22. The firm’s 50-day moving average price is C$38.83 and its 200 day moving average price is C$36.09. The company has a current ratio of 0.84, a quick ratio of 0.71 and a debt-to-equity ratio of 74.04.

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.