Desjardins Has Pessimistic Outlook of CAE FY2025 Earnings

CAE Inc. (NYSE:CAE) (TSE:CAE) – Equities research analysts at Desjardins lowered their FY2025 EPS estimates for CAE in a report released on Monday, February 17th. Desjardins analyst B. Poirier now expects that the aerospace company will post earnings of $0.83 per share for the year, down from their prior forecast of $0.86. Desjardins has a “Buy” rating on the stock. The consensus estimate for CAE’s current full-year earnings is $0.83 per share.

CAE (NYSE:CAE) (TSE:CAE) last posted its quarterly earnings data on Thursday, February 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 4.96% and a positive return on equity of 6.11%.

Several other equities analysts also recently commented on CAE. StockNews.com raised CAE from a “hold” rating to a “buy” rating in a research report on Wednesday. Cibc World Mkts cut shares of CAE from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. National Bank Financial lowered shares of CAE from an “outperform” rating to a “sector perform” rating in a report on Wednesday, January 22nd. The Goldman Sachs Group upped their target price on shares of CAE from $28.00 to $32.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, TD Securities downgraded shares of CAE from a “buy” rating to a “hold” rating in a research note on Monday, January 6th. Seven research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $32.00.

CAE Trading Down 1.6 %

Shares of NYSE CAE opened at $25.50 on Thursday. CAE has a fifty-two week low of $15.95 and a fifty-two week high of $27.62. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.63 and a current ratio of 0.86. The company has a market cap of $8.15 billion, a price-to-earnings ratio of -49.03, a PEG ratio of 2.02 and a beta of 1.72. The business’s 50 day moving average price is $24.27 and its 200-day moving average price is $20.98.

Hedge Funds Weigh In On CAE

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Asset Planning Inc bought a new stake in CAE during the 4th quarter valued at $30,000. Natixis purchased a new stake in shares of CAE during the 4th quarter worth $38,000. Cromwell Holdings LLC grew its stake in 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. Venturi Wealth Management LLC purchased a new position in CAE in the third quarter valued at about $74,000. Finally, UniSuper Management Pty Ltd bought a new position in CAE in the fourth quarter worth about $147,000. 67.36% of the stock is currently owned by institutional investors.

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.