CAE (TSE:CAE) Cut to Hold at National Bank Financial

National Bank Financial cut shares of CAE (TSE:CAE) (NYSE:CAE) from a strong-buy rating to a hold rating in a research note released on Tuesday morning, Marketbeat reports. National Bank Financial also issued estimates for CAE’s FY2025 earnings at $1.21 EPS and FY2026 earnings at $1.42 EPS.

CAE has been the subject of several other research reports. Desjardins upgraded CAE from a “hold” rating to a “buy” rating and lifted their price target for the company from C$32.00 to C$40.00 in a report on Monday, December 30th. TD Securities downgraded shares of CAE from a “buy” rating to a “hold” rating and boosted their target price for the company from C$34.00 to C$35.00 in a report on Monday, January 6th. Canaccord Genuity Group upped their price target on shares of CAE from C$28.00 to C$30.00 in a research report on Thursday, November 14th. Cibc World Mkts lowered shares of CAE from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. Finally, BMO Capital Markets upped their price objective on CAE from C$33.00 to C$38.00 and gave the stock an “outperform” rating in a report on Monday, December 23rd. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, CAE has a consensus rating of “Hold” and a consensus target price of C$35.56.

CAE Stock Up 0.7 %

Shares of TSE CAE opened at C$35.03 on Tuesday. The firm has a market cap of C$11.16 billion, a P/E ratio of -32.74, a price-to-earnings-growth ratio of 1.76 and a beta of 1.91. The company has a debt-to-equity ratio of 74.24, a quick ratio of 0.71 and a current ratio of 0.89. CAE has a 1 year low of C$22.28 and a 1 year high of C$36.68. The firm’s 50 day moving average price is C$33.69 and its 200 day moving average price is C$27.96.

CAE (TSE:CAE) (NYSE:CAE) last posted its quarterly earnings data on Tuesday, November 12th. The company reported C$0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.18 by C$0.06. CAE had a negative return on equity of 7.43% and a negative net margin of 7.39%. During the same quarter in the previous year, the business earned $0.27 EPS.

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.