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

National Bank Financial cut shares of CAE (TSE:CAEFree Report) (NYSE:CAE) from a strong-buy rating to a hold rating in a research report released on Tuesday morning,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.

Several other analysts also recently commented on CAE. Royal Bank of Canada upped their price objective on shares of CAE from C$34.00 to C$38.00 in a report on Wednesday, January 15th. Canaccord Genuity Group upped their price target on shares of CAE from C$28.00 to C$30.00 in a report on Thursday, November 14th. Scotiabank lifted their price objective on CAE from C$30.00 to C$32.50 in a research note on Thursday, November 14th. Cibc World Mkts downgraded CAE from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Finally, TD Securities lowered CAE from a “buy” rating to a “hold” rating and raised their target price for the stock from C$34.00 to C$35.00 in a report on Monday, January 6th. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of C$35.56.

Read Our Latest Stock Report on CAE

CAE Stock Performance

Shares of CAE stock opened at C$34.80 on Tuesday. The business has a fifty day moving average of C$33.54 and a 200 day moving average of C$27.90. CAE has a 1 year low of C$22.28 and a 1 year high of C$36.68. The company has a debt-to-equity ratio of 74.24, a current ratio of 0.89 and a quick ratio of 0.71. The firm has a market capitalization of C$11.09 billion, a price-to-earnings ratio of -32.52, a price-to-earnings-growth ratio of 1.76 and a beta of 1.91.

CAE (TSE:CAEGet Free Report) (NYSE:CAE) last announced its quarterly earnings data on Tuesday, November 12th. The company reported C$0.24 earnings per share (EPS) for the quarter, topping the consensus estimate 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 period in the previous year, the business earned $0.27 earnings per share.

About CAE

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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.

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Analyst Recommendations for CAE (TSE:CAE)

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