Desjardins Has Optimistic Outlook of CAE FY2025 Earnings

CAE Inc. (NYSE:CAE) (TSE:CAE) – Analysts at Desjardins lifted their FY2025 earnings estimates for shares of CAE in a research report issued on Wednesday, November 13th. Desjardins analyst B. Poirier now expects that the aerospace company will post earnings of $0.86 per share for the year, up from their prior forecast of $0.82. The consensus estimate for CAE’s current full-year earnings is $0.85 per share. Desjardins also issued estimates for CAE’s FY2027 earnings at $1.14 EPS.

A number of other equities research analysts have also commented on CAE. Morgan Stanley lowered shares of CAE from an “overweight” rating to an “equal weight” rating in a research note on Friday, August 16th. Royal Bank of Canada raised shares of CAE from a “hold” rating to a “moderate buy” rating in a research note on Thursday, August 15th. Finally, StockNews.com raised shares of CAE from a “hold” rating to a “buy” rating in a research note on Thursday. One investment analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, CAE presently has an average rating of “Hold” and an average price target of $25.00.

CAE Trading Down 1.1 %

CAE opened at $21.75 on Friday. CAE has a fifty-two week low of $15.95 and a fifty-two week high of $22.11. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.84 and a quick ratio of 0.61. The firm has a market capitalization of $6.93 billion, a price-to-earnings ratio of -28.25, a PEG ratio of 1.60 and a beta of 1.67. The company’s 50 day moving average price is $18.61 and its two-hundred day moving average price is $18.59.

CAE (NYSE:CAE) (TSE:CAE) last posted its earnings results on Tuesday, August 13th. The aerospace company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.01. CAE had a negative net margin of 7.49% and a positive return on equity of 5.79%. The firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.05 billion. During the same period in the previous year, the firm posted $0.18 EPS. The company’s revenue for the quarter was up 6.0% compared to the same quarter last year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of CAE. Ridgewood Investments LLC acquired a new position in CAE during the second quarter worth $33,000. Cromwell Holdings LLC raised its holdings in shares of CAE by 103.4% in the third quarter. Cromwell Holdings LLC now owns 1,800 shares of the aerospace company’s stock valued at $34,000 after purchasing an additional 915 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp raised its holdings in shares of CAE by 86.2% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 2,376 shares of the aerospace company’s stock valued at $48,000 after purchasing an additional 1,100 shares during the last quarter. Venturi Wealth Management LLC purchased a new stake in shares of CAE in the third quarter valued at about $74,000. Finally, Lazard Asset Management LLC purchased a new stake in shares of CAE in the first quarter valued at about $77,000. Institutional investors and hedge funds own 67.36% of the company’s stock.

About CAE

CAE Inc, together with its subsidiaries, provides simulation training and critical operations support solutions in Canada, the United States, the United Kingdom, Europe, Asia, the Oceania, Africa, and Rest of the Americas. It operates through two segments, Civil Aviation; and Defense and Security. The Civil Aviation segment offers training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation; a range of flight simulation training devices; and ab initio pilot training and crew sourcing services, as well as aircraft flight operations solutions.