CAE (NYSE:CAE) Releases FY 2027 Earnings Guidance

CAE (NYSE:CAEGet Free Report) (TSE:CAE) updated its FY 2027 earnings guidance on Wednesday. The company provided EPS guidance of 0.870-0.920 for the period, compared to the consensus earnings per share estimate of 0.870. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

Several brokerages have commented on CAE. Jefferies Financial Group restated a “hold” rating and set a $26.00 price objective on shares of CAE in a research report on Thursday, June 25th. Zacks Research raised CAE from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 13th. Morgan Stanley lowered CAE from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, July 15th. Wall Street Zen cut CAE from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. Finally, Weiss Ratings downgraded CAE from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, July 23rd. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $31.00.

Check Out Our Latest Analysis on CAE

CAE Trading Up 1.9%

CAE stock traded up $0.51 during trading hours on Wednesday, hitting $27.68. The stock had a trading volume of 950,939 shares, compared to its average volume of 775,152. The business’s 50 day simple moving average is $25.52 and its 200-day simple moving average is $27.13. CAE has a one year low of $22.76 and a one year high of $34.24. The stock has a market cap of $8.90 billion, a price-to-earnings ratio of 38.99, a P/E/G ratio of 2.85 and a beta of 1.01. The company has a quick ratio of 0.77, a current ratio of 0.96 and a debt-to-equity ratio of 0.55.

CAE (NYSE:CAEGet Free Report) (TSE:CAE) last released its quarterly earnings data on Thursday, May 21st. The aerospace company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.01. The company had revenue of $953.79 million during the quarter, compared to the consensus estimate of $924.83 million. CAE had a return on equity of 7.45% and a net margin of 6.36%.The firm’s revenue was up 4.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.47 earnings per share. CAE has set its FY 2027 guidance at 0.880-0.930 EPS. On average, equities analysts predict that CAE will post 0.87 EPS for the current fiscal year.

Hedge Funds Weigh In On CAE

Institutional investors and hedge funds have recently made changes to their positions in the stock. Xponance LLC acquired a new position in shares of CAE during the fourth quarter worth approximately $377,000. Cerity Partners LLC grew its position in CAE by 14.1% in the 4th quarter. Cerity Partners LLC now owns 13,374 shares of the aerospace company’s stock valued at $407,000 after purchasing an additional 1,648 shares during the period. Militia Capital Partners LP acquired a new stake in CAE in the 3rd quarter valued at $288,000. Corient Private Wealth LLC increased its stake in CAE by 6.3% during the 2nd quarter. Corient Private Wealth LLC now owns 13,067 shares of the aerospace company’s stock valued at $382,000 after purchasing an additional 770 shares in the last quarter. Finally, Benjamin Edwards Inc. increased its stake in CAE by 19.7% during the 2nd quarter. Benjamin Edwards Inc. now owns 13,094 shares of the aerospace company’s stock valued at $383,000 after purchasing an additional 2,157 shares in the last quarter. Institutional investors own 67.36% of the company’s stock.

CAE Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for CAE (NYSE:CAE)

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