CAE (NYSE:CAE – Get Free Report) (TSE:CAE) updated its FY 2027 earnings guidance on Thursday. The company provided earnings per share guidance of 0.880-0.930 for the period, compared to the consensus earnings per share estimate of 0.890. The company issued revenue guidance of -.
Analyst Upgrades and Downgrades
A number of research firms recently commented on CAE. Stifel Nicolaus began coverage on CAE in a research report on Wednesday, March 4th. They set a “buy” rating for the company. Canaccord Genuity Group began coverage on CAE in a research report on Friday, March 13th. They set a “buy” rating for the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of CAE in a research report on Friday, May 15th. Scotiabank reiterated an “outperform” rating on shares of CAE in a research report on Tuesday, February 17th. Finally, Jefferies Financial Group cut their price target on CAE from $31.00 to $27.00 and set a “hold” rating for the company in a report on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $33.33.
Check Out Our Latest Stock Analysis on CAE
CAE Price Performance
CAE (NYSE:CAE – Get Free Report) (TSE:CAE) last posted its earnings results on Thursday, May 21st. The aerospace company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.01. CAE had a return on equity of 7.75% and a net margin of 7.70%.CAE has set its FY 2027 guidance at 0.880-0.930 EPS. As a group, sell-side analysts anticipate that CAE will post 0.87 EPS for the current fiscal year.
Hedge Funds Weigh In On CAE
Several hedge funds have recently bought and sold shares of the business. Transamerica Financial Advisors LLC grew its stake in CAE by 170.7% in the 4th quarter. Transamerica Financial Advisors LLC now owns 1,267 shares of the aerospace company’s stock worth $39,000 after acquiring an additional 799 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in CAE during the 4th quarter worth $41,000. CIBC Private Wealth Group LLC bought a new stake in CAE during the 3rd quarter valued at $42,000. Brown Brothers Harriman & Co. purchased a new stake in shares of CAE in the 4th quarter worth $47,000. Finally, Syon Capital LLC purchased a new stake in shares of CAE in the 4th quarter worth $246,000. Institutional investors own 67.36% of the company’s stock.
About CAE
CAE Inc is a global leader in training and simulation technologies, headquartered in Montréal, Canada. The company specializes in the design and manufacture of high-fidelity flight simulators and training systems for civil aviation, defense and security, and healthcare markets. Leveraging advanced software and hardware integration, CAE delivers comprehensive training solutions that address pilot proficiency, mission readiness and patient safety across a wide range of platforms.
In civil aviation, CAE partners with major airlines, aircraft manufacturers and flight schools to provide pilot training services, courseware development and crew scheduling solutions.
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