Scotiabank Issues Optimistic Forecast for CAE Earnings

CAE Inc (NYSE:CAE) (TSE:CAE) – Stock analysts at Scotiabank upped their Q1 2028 EPS estimates for shares of CAE in a research note issued on Wednesday, January 21st. Scotiabank analyst K. Gupta now expects that the aerospace company will earn $0.24 per share for the quarter, up from their previous forecast 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.

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

A number of other equities research analysts also recently weighed in on the company. Zacks Research upgraded CAE from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. Weiss Ratings reissued a “hold (c+)” rating on shares of CAE in a report on Monday, December 29th. Royal Bank Of Canada reduced their target price 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. Finally, TD Securities reissued a “buy” rating on shares of CAE in a research note on Monday, January 12th. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $34.33.

CAE Stock Performance

CAE stock opened at $33.37 on Friday. The company has a 50 day moving average price of $29.67 and a 200 day moving average price of $28.59. CAE has a fifty-two week low of $20.36 and a fifty-two week 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 stock has a market capitalization of $10.73 billion, a PE ratio of 34.40, a price-to-earnings-growth ratio of 2.52 and a beta of 1.15.

Hedge Funds Weigh In On CAE

Hedge funds and other institutional investors have recently made changes to their positions in the company. Signaturefd LLC raised its position in shares of CAE by 12.1% during the fourth quarter. Signaturefd LLC now owns 11,908 shares of the aerospace company’s stock worth $362,000 after purchasing an additional 1,288 shares during the period. Mn Services Vermogensbeheer B.V. raised its holdings in CAE by 2.8% during the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 116,311 shares of the aerospace company’s stock worth $3,542,000 after buying an additional 3,223 shares during the period. Avanza Fonder AB bought a new position in CAE in the fourth quarter valued at approximately $3,940,000. Assenagon Asset Management S.A. boosted its holdings in shares of CAE by 106.2% in the fourth quarter. Assenagon Asset Management S.A. now owns 53,165 shares of the aerospace company’s stock valued at $1,617,000 after buying an additional 27,381 shares during the period. Finally, JPMorgan Chase & Co. increased its position in shares of CAE by 2.0% during the third quarter. JPMorgan Chase & Co. now owns 1,228,015 shares of the aerospace company’s stock worth $36,398,000 after acquiring an additional 24,524 shares in the last quarter. 67.36% of the stock is owned by institutional investors.

About CAE

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.