Scotiabank Issues Optimistic Estimate for CAE Earnings

CAE Inc (NYSE:CAE) (TSE:CAE) – Scotiabank boosted their Q1 2028 earnings per share (EPS) estimates for CAE in a report issued on Wednesday, January 21st. Scotiabank analyst K. Gupta now expects that the aerospace company will post earnings per share of $0.24 for the quarter, up from their prior estimate of $0.23. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for CAE’s current full-year earnings is $0.83 per share. Scotiabank also issued estimates for CAE’s Q2 2028 earnings at $0.28 EPS, Q3 2028 earnings at $0.35 EPS and FY2029 earnings at $1.62 EPS.

A number of other analysts have also issued reports on the stock. Royal Bank Of Canada cut their price target on shares of CAE from $41.00 to $40.00 and set a “sector perform” rating on the stock in a research note on Thursday, November 13th. Weiss Ratings reissued a “hold (c+)” rating on shares of CAE in a research report on Monday, December 29th. Zacks Research upgraded shares of CAE from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. Finally, TD Securities reiterated a “buy” rating on shares of CAE in a research report on Monday, January 12th. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, CAE presently has an average rating of “Moderate Buy” and a consensus target price of $34.33.

CAE Trading Down 0.5%

Shares of CAE stock opened at $33.19 on Friday. CAE has a 1-year low of $20.36 and a 1-year high of $34.24. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.83 and a quick ratio of 0.59. The company has a 50-day moving average of $29.81 and a two-hundred day moving average of $28.61. The firm has a market cap of $10.68 billion, a PE ratio of 34.22, a price-to-earnings-growth ratio of 2.52 and a beta of 1.15.

CAE (NYSE:CAE) (TSE:CAE) last posted its quarterly earnings results on Tuesday, November 11th. The aerospace company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.03. CAE had a net margin of 8.98% and a return on equity of 7.60%. The business had revenue of $897.99 million during the quarter, compared to analysts’ expectations of $1.13 billion. During the same quarter in the prior year, the company posted $0.24 EPS. The business’s revenue for the quarter was up 8.8% on a year-over-year basis.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Brandes Investment Partners LP raised its stake in CAE by 4.4% in the 2nd quarter. Brandes Investment Partners LP now owns 14,803,106 shares of the aerospace company’s stock valued at $433,287,000 after purchasing an additional 628,848 shares during the last quarter. Vanguard Group Inc. raised its position in CAE by 4.1% in the third quarter. Vanguard Group Inc. now owns 13,151,527 shares of the aerospace company’s stock valued at $389,430,000 after purchasing an additional 518,030 shares during the period. Select Equity Group L.P. lifted its position in CAE by 0.6% during the 2nd quarter. Select Equity Group L.P. now owns 7,909,738 shares of the aerospace company’s stock worth $231,350,000 after acquiring an additional 45,754 shares in the last quarter. Snyder Capital Management L P grew its stake in shares of CAE by 12.4% during the third quarter. Snyder Capital Management L P now owns 5,411,103 shares of the aerospace company’s stock valued at $160,385,000 after acquiring an additional 598,086 shares in the last quarter. Finally, Bank of Montreal Can boosted its stake in CAE by 17.9% during the 3rd quarter. Bank of Montreal Can now owns 4,347,481 shares of the aerospace company’s stock valued at $128,706,000 after acquiring an additional 658,837 shares during the last quarter. 67.36% of the stock is owned by hedge funds and other institutional investors.

CAE Company Profile

CAE Inc is a global leader in training and simulation technologies, headquartered in Montréal, Canada. The company specializes in the design and manufacture of high-fidelity flight simulators and training systems for civil aviation, defense and security, and healthcare markets. Leveraging advanced software and hardware integration, CAE delivers comprehensive training solutions that address pilot proficiency, mission readiness and patient safety across a wide range of platforms.

In civil aviation, CAE partners with major airlines, aircraft manufacturers and flight schools to provide pilot training services, courseware development and crew scheduling solutions.