CAE (NYSE:CAE) Issues FY 2027 Earnings Guidance

CAE (NYSE:CAE) (TSE:CAE) updated its FY 2027 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.920-0.970 for the period, compared to the consensus EPS estimate of 0.900.

Wall Street Analysts Forecast Growth

CAE has been the topic of a number of research reports. Jefferies Financial Group cut their price target on shares of CAE from $28.00 to $26.00 and set a “hold” rating on the stock in a research note on Tuesday, October 13th. Morgan Stanley cut shares of CAE from an “equal weight” rating to an “underweight” rating in a report on Wednesday, July 15th. Weiss Ratings downgraded shares of CAE from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, July 23rd. Barclays started coverage on shares of CAE in a research note on Friday, October 9th. They issued an “overweight” rating and a $38.00 target price for the company. Finally, Scotiabank restated an “outperform” rating on shares of CAE in a research note on Tuesday, October 27th. Seven research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $33.33.

CAE Stock Down 1.1%

Shares of CAE stock traded down $0.30 on Wednesday, reaching $27.43. 638,609 shares of the company were exchanged, compared to its average volume of 765,756. The company has a current ratio of 0.96, a quick ratio of 0.77 and a debt-to-equity ratio of 0.55. The company has a 50-day moving average of $24.68 and a 200 day moving average of $26.40. CAE has a one year low of $22.76 and a one year high of $34.24. The company has a market capitalization of $8.77 billion, a price-to-earnings ratio of 38.63, a PEG ratio of 2.85 and a beta of 1.06.

CAE (NYSE:CAE) (TSE:CAE) last announced its quarterly earnings data on Wednesday, August 12th. The aerospace company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.02. The company had revenue of $826.42 million during the quarter, compared to the consensus estimate of $796.86 million. CAE had a net margin of 6.36% and a return on equity of 7.45%. The company’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.21 EPS. On average, equities research analysts forecast that CAE will post 0.87 earnings per share for the current year.

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.