Desjardins Has Positive Outlook of CAE FY2025 Earnings

CAE Inc. (TSE:CAE) (NYSE:CAE) – Desjardins raised their FY2025 earnings estimates for CAE in a research note issued on Wednesday, November 13th. Desjardins analyst B. Poirier now anticipates that the company will post earnings per share of $1.20 for the year, up from their prior forecast of $1.12. Desjardins also issued estimates for CAE’s FY2027 earnings at $1.58 EPS.

CAE has been the topic of a number of other reports. Canaccord Genuity Group lifted their price target on CAE from C$28.00 to C$30.00 in a research note on Thursday. TD Securities boosted their target price on shares of CAE from C$33.00 to C$34.00 and gave the stock a “buy” rating in a research report on Thursday. Scotiabank increased their price target on shares of CAE from C$30.00 to C$32.50 in a report on Thursday. Royal Bank of Canada boosted their price objective on shares of CAE from C$27.00 to C$34.00 in a report on Thursday. Finally, National Bankshares upped their target price on shares of CAE from C$30.00 to C$34.00 in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of C$32.35.

CAE Stock Performance

TSE CAE opened at C$30.67 on Friday. The stock has a market capitalization of C$9.78 billion, a price-to-earnings ratio of -28.66, a PEG ratio of 1.76 and a beta of 1.91. The business’s 50 day moving average is C$25.49 and its two-hundred day moving average is C$25.49. CAE has a 12-month low of C$22.28 and a 12-month high of C$31.08. The company has a current ratio of 0.89, a quick ratio of 0.71 and a debt-to-equity ratio of 74.24.

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, Oceania and Africa, and Rest of Americas. It operates through three segments: Civil Aviation, Defense and Security, and Healthcare.