BofA Securities upgraded CAE from Underperform to Neutral
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/21/2025 | Outperform → Sector Perform | RBC Capital Mkts | |
| 5/15/2025 | Sector Perform → Sector Outperform | Scotiabank | |
| 3/7/2025 | Underperform → Neutral | BofA Securities | |
| 1/22/2025 | Outperform → Sector Perform | National Bank Financial | |
| 1/6/2025 | Buy → Hold | TD Securities | |
| 12/23/2024 | Hold → Buy | Desjardins | |
| 8/16/2024 | Overweight → Equal-Weight | Morgan Stanley | |
| 6/6/2024 | $21.00 | Hold | Jefferies |
RBC Capital Mkts downgraded CAE from Outperform to Sector Perform
Scotiabank upgraded CAE from Sector Perform to Sector Outperform
BofA Securities upgraded CAE from Underperform to Neutral
40-F - CAE INC (0001173382) (Filer)
6-K - CAE INC (0001173382) (Filer)
6-K - CAE INC (0001173382) (Filer)
MONTREAL, June 6, 2025 /PRNewswire/ - (NYSE:CAE) (TSX:CAE) – CAE Inc. ("CAE") today announced that it has received regulatory approval to renew its normal course issuer bid ("NCIB") to purchase, for cancellation, up to 16,019,294 of its common shares commencing June 10, 2025 and ending June 9, 2026. The maximum number of common shares that may be repurchased under the program represents approximately five percent (5%) of the issued and outstanding common shares of CAE. The actual number of common shares purchased under the NCIB, the timing of purchases and the price at which the common shares are bought will depend upon management discretion based on factors such as market conditions. Purch
Calin Rovinescu to serve as Executive ChairmanMONTREAL, June 2, 2025 /PRNewswire/ - (NYSE: CAE) (TSX:CAE) CAE Inc. today announced the appointment of Matthew Bromberg as President and Chief Executive Officer (CEO), effective August 13, 2025. In this role, Mr. Bromberg will lead the company's strategic growth and drive its continued evolution into the future. Mr. Bromberg will also be a nominee for election to the Board at the upcoming Annual and Special Meeting of Shareholders. CAE also announced that Calin Rovinescu will become Executive Chairman of the Board and that Sophie Brochu will serve as Lead Independent Director, reflecting CAE's commitment to strong, best-in-class governance. The
Q4 FY2025 Revenue of $1,275.4 million vs. $1,126.3 million in Q4 last yearEarnings per share (EPS) from continuing operations of $0.42 vs. negative $1.58 in Q4 last yearAdjusted EPS(1) of $0.47 vs. $0.12 in Q4 last yearOperating income of $239.9 million vs. operating loss of $533.0 million in Q4 last yearAdjusted segment operating income(1) of $258.8 million vs. $125.7 million in Q4 last yearFree cash flow(1) of $289.4 million vs. $191.1 million in Q4 last yearAdjusted order intake(1) of $1.3 billion for 1.05x book-to-sales ratio(1)Net debt-to-adjusted EBITDA(1) of 2.77x vs. 3.36x at the end of the preceding quarter Annual FY2025 Revenue of $4.7 billion vs. $4.3 billion last yearEPS from con
Calin Rovinescu to serve as Executive ChairmanMONTREAL, June 2, 2025 /PRNewswire/ - (NYSE: CAE) (TSX:CAE) CAE Inc. today announced the appointment of Matthew Bromberg as President and Chief Executive Officer (CEO), effective August 13, 2025. In this role, Mr. Bromberg will lead the company's strategic growth and drive its continued evolution into the future. Mr. Bromberg will also be a nominee for election to the Board at the upcoming Annual and Special Meeting of Shareholders. CAE also announced that Calin Rovinescu will become Executive Chairman of the Board and that Sophie Brochu will serve as Lead Independent Director, reflecting CAE's commitment to strong, best-in-class governance. The
MONTREAL, Feb. 13, 2025 /PRNewswire/ - (NYSE:CAE) (TSX:CAE) - CAE Inc. ("CAE" or "the Company") today announced the appointment of four new directors to its Board of Directors, including Calin Rovinescu as Chair of the Board. The other three appointments are Peter Lee, Katherine A. Lehman and Louis Têtu. These changes, which will take effect on February 14, followed consultations with the Company's stakeholders that focused on the Board's ongoing review of its composition, and a transition towards renewed Board leadership. Said Mr. Rovinescu, "As a longstanding airline customer and partner of CAE, I am excited to take on the role as Chair to help guide this exceptional global champion thro
Eight scholarships will be awarded to young Canadian women studying to become commercial pilots or aircraft maintenance engineersFour aspiring commercial pilots to become CAE Women in Flight ambassadorsScholarship applications open as of Nov. 1 hereMONTREAL, Oct. 31, 2024 /CNW/ - Air Canada and CAE, two Montreal-based global aviation companies, proudly continue their collaboration in fostering the next generation of women in non-traditional airline careers through the Captain Judy Cameron Scholarship, and today announced that applications for the 2025 edition of the Scholarship will open on November 1, 2024.