CAE (TSE:CAE) Cut to “Hold” at 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 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.

Other equities analysts have also recently issued reports about the stock. Royal Bank of Canada raised their target price on shares of CAE from C$34.00 to C$38.00 in a research note on Wednesday, January 15th. National Bankshares raised their target price on shares of CAE from C$30.00 to C$34.00 in a research note on Wednesday, November 13th. Desjardins raised CAE from a “hold” rating to a “buy” rating and boosted their price target for the stock from C$32.00 to C$40.00 in a research report on Monday, December 30th. Scotiabank raised their price objective on CAE from C$30.00 to C$32.50 in a research report on Thursday, November 14th. Finally, TD Securities downgraded CAE from a “buy” rating to a “hold” rating and lifted their target price for the stock from C$34.00 to C$35.00 in a research note on Monday, January 6th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of C$35.56.

CAE Price Performance

TSE CAE opened at C$34.80 on Tuesday. The firm’s 50 day moving average is C$33.54 and its 200-day moving average is C$27.90. The company has a quick ratio of 0.71, a current ratio of 0.89 and a debt-to-equity ratio of 74.24. The company has a market capitalization of C$11.09 billion, a PE ratio of -32.52, a price-to-earnings-growth ratio of 1.76 and a beta of 1.91. CAE has a 12-month low of C$22.28 and a 12-month high of C$36.68.

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

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.