Brokers Issue Forecasts for CAE's FY2025 Earnings (NYSE:CAE)

CAE Inc. (NYSE:CAE - Free Report) TSE: CAE - Stock analysts at Desjardins lowered their FY2025 EPS estimates for CAE in a research report issued on Monday, February 17th. Desjardins analyst B. Poirier now expects that the aerospace company will earn $0.83 per share for the year, down from their previous estimate of $0.86. Desjardins currently 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 - Get Free Report) TSE: CAE last posted its earnings results on Thursday, February 13th. The aerospace company reported $0.21 EPS for the quarter, beating 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 analysts also recently weighed in on the company. National Bank Financial downgraded CAE from an "outperform" rating to a "sector perform" rating in a research note on Wednesday, January 22nd. TD Securities lowered shares of CAE from a "buy" rating to a "hold" rating in a research note on Monday, January 6th. The Goldman Sachs Group lifted their price target on shares of CAE from $28.00 to $32.00 and gave the company a "buy" rating in a research note on Tuesday. Cibc World Mkts cut CAE from a "strong-buy" rating to a "hold" rating in a report on Wednesday, December 4th. Finally, StockNews.com raised shares of CAE from a "hold" rating to a "buy" rating in a research note on Wednesday. Seven analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $32.00.

CAE Stock Down 3.7 %

Shares of CAE stock traded down $0.95 during trading on Thursday, reaching $24.56. The company's stock had a trading volume of 723,216 shares, compared to its average volume of 560,103. CAE has a 1-year low of $15.95 and a 1-year high of $27.62. The company has a 50-day simple moving average of $24.30 and a two-hundred day simple moving average of $21.04. The company has a quick ratio of 0.63, a current ratio of 0.86 and a debt-to-equity ratio of 0.70. The company has a market cap of $7.85 billion, a price-to-earnings ratio of -47.22, a P/E/G ratio of 1.97 and a beta of 1.72.

Hedge Funds Weigh In On CAE

Large investors have recently bought and sold shares of the business. Bank of Montreal Can increased its stake in CAE by 1.6% in the third quarter. Bank of Montreal Can now owns 5,057,860 shares of the aerospace company's stock valued at $93,446,000 after purchasing an additional 77,489 shares during the last quarter. Intech Investment Management LLC purchased a new stake in shares of CAE in the 3rd quarter valued at about $2,432,000. Pinnacle Associates Ltd. boosted its position in shares of CAE by 3.8% in the 3rd quarter. Pinnacle Associates Ltd. now owns 874,588 shares of the aerospace company's stock valued at $16,399,000 after purchasing an additional 32,328 shares during the period. Geode Capital Management LLC increased its position in CAE by 8.2% during the third quarter. Geode Capital Management LLC now owns 1,356,182 shares of the aerospace company's stock worth $25,218,000 after buying an additional 103,081 shares during the period. Finally, Sanctuary Advisors LLC purchased a new stake in CAE in the third quarter valued at approximately $453,000. Hedge funds and other institutional investors own 67.36% of the company's stock.

CAE Company Profile

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.