CAE (NYSE:CAE) Announces Quarterly Earnings Results, Beats Estimates By $0.14 EPS

CAE (NYSE:CAE) (TSE:CAE) announced its earnings results on Wednesday. The aerospace company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.14, Briefing.com reports. CAE had a return on equity of 7.45% and a net margin of 6.36%. The firm’s revenue for the quarter was down 2.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.23 earnings per share. CAE updated its FY 2027 guidance to 0.920-0.970 EPS.

CAE Stock Down 1.2%

CAE stock traded down $0.34 during midday trading on Wednesday, reaching $27.39. The company’s stock had a trading volume of 654,213 shares, compared to its average volume of 765,867. CAE has a fifty-two week low of $22.76 and a fifty-two week high of $34.24. The company has a quick ratio of 0.77, a current ratio of 0.96 and a debt-to-equity ratio of 0.55. The company has a market cap of $8.76 billion, a P/E ratio of 38.58, a P/E/G ratio of 2.85 and a beta of 1.06. The business has a 50-day simple moving average of $24.68 and a 200-day simple moving average of $26.40.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Royal Bank Of Canada reissued an “outperform” rating on shares of CAE in a research report on Wednesday, October 28th. Barclays began coverage on CAE in a research note on Friday, October 9th. They set an “overweight” rating and a $38.00 target price for the company. Weiss Ratings lowered CAE from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, July 23rd. Jefferies Financial Group decreased their price objective on CAE from $28.00 to $26.00 and set a “hold” rating for the company in a research note on Tuesday, October 13th. Finally, Scotiabank reissued an “outperform” rating on shares of CAE in a research report on Tuesday, October 27th. Seven research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $33.33.

About CAE

CAE Inc. is a Canadian technology company that develops simulation and training solutions for the civil aviation and defense markets. Founded in 1947 and headquartered in Montreal, the company serves customers around the world. In civil aviation, CAE provides flight simulators, training devices, and pilot and crew training services to airlines, business aviation operators, aircraft manufacturers, and other aviation organizations. Its offerings support training across a range of aircraft types and operational needs.