CAE (TSE:CAE) Downgraded to Hold Rating by National Bank Financial

CAE (TSE:CAE) (NYSE:CAE) was downgraded by National Bank Financial from a “strong-buy” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports. National Bank Financial also issued estimates for CAE’s FY2025 earnings at $1.21 EPS and FY2026 earnings at $1.42 EPS.

CAE has been the subject of several other research reports. Canaccord Genuity Group lifted their price objective on CAE from C$28.00 to C$30.00 in a research report on Thursday, November 14th. BMO Capital Markets boosted their target price on shares of CAE from C$33.00 to C$38.00 and gave the stock an “outperform” rating in a research note on Monday, December 23rd. Royal Bank of Canada raised their price target on shares of CAE from C$34.00 to C$38.00 in a report on Wednesday, January 15th. National Bankshares boosted their price objective on shares of CAE from C$30.00 to C$34.00 in a research report on Wednesday, November 13th. Finally, TD Securities lowered CAE from a “buy” rating to a “hold” rating and increased their price objective for the company from C$34.00 to C$35.00 in a research report on Monday, January 6th. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of C$35.56.

CAE Trading Down 1.6 %

CAE stock opened at C$34.80 on Tuesday. CAE has a 1-year low of C$22.28 and a 1-year high of C$36.68. The company has a current ratio of 0.89, a quick ratio of 0.71 and a debt-to-equity ratio of 74.24. The business’s 50 day moving average is C$33.54 and its 200-day moving average is C$27.90. The firm has a market cap of C$11.09 billion, a P/E ratio of -32.52, a P/E/G ratio of 1.76 and a beta of 1.91.

CAE (TSE:CAE) (NYSE:CAE) last issued its quarterly earnings data on Tuesday, November 12th. The company reported C$0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.18 by C$0.06. CAE had a negative return on equity of 7.43% and a negative net margin of 7.39%. During the same quarter in the previous year, the firm earned $0.27 earnings per share.

CAE Company Profile

CAE Inc is a global company focused on delivering training for the civil aviation, defense, security, and healthcare markets. Multiple types of simulators and synthetic exercises may be sold to customers to serve as alternatives for live-training experiences. The company’s training solutions are provided through products and services.