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

CAE (NYSE:CAE) (TSE:CAE) announced its quarterly earnings data on Wednesday. The aerospace company reported $0.33 earnings per share for the quarter, topping the consensus estimate 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 company’s quarterly revenue was down 2.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.23 earnings per share. CAE updated its FY 2027 guidance to 0.920-0.970 EPS.

CAE Trading Down 1.2%

Shares of CAE stock traded down $0.34 during trading on Wednesday, hitting $27.39. The company’s stock had a trading volume of 654,213 shares, compared to its average volume of 765,867. The stock has a market cap of $8.76 billion, a price-to-earnings ratio of 38.58, a price-to-earnings-growth ratio of 2.85 and a beta of 1.06. CAE has a 52 week low of $22.76 and a 52 week high of $34.24. The stock has a 50-day moving average price of $24.75 and a two-hundred day moving average price of $26.37. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.96 and a quick ratio of 0.77.

Wall Street Analysts Forecast Growth

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