Air Canada FY2025 EPS Cut by National Bank Financial

Air Canada (TSE:AC - Free Report) - Research analysts at National Bank Financial cut their FY2025 earnings per share estimates for shares of Air Canada in a research note issued on Tuesday, January 14th. National Bank Financial analyst C. Doerksen now expects that the company will post earnings per share of $2.54 for the year, down from their prior estimate of $2.68. The consensus estimate for Air Canada's current full-year earnings is $2.58 per share.

Several other equities research analysts have also recently weighed in on the company. Raymond James raised Air Canada to a "moderate buy" rating in a research report on Tuesday, December 17th. JPMorgan Chase & Co. raised their price target on shares of Air Canada from C$32.00 to C$34.00 in a research report on Monday, November 4th. Canaccord Genuity Group upped their price objective on shares of Air Canada from C$25.00 to C$29.00 in a research report on Monday, November 4th. Stifel Canada raised Air Canada from a "hold" rating to a "strong-buy" rating in a research report on Sunday, November 3rd. Finally, Citigroup cut their price target on Air Canada from C$28.50 to C$26.50 and set a "buy" rating for the company in a report on Monday, December 30th. Two equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Air Canada has an average rating of "Moderate Buy" and a consensus price target of C$26.60.

Air Canada Stock Performance

AC opened at C$20.45 on Friday. The company has a quick ratio of 1.06, a current ratio of 0.85 and a debt-to-equity ratio of 1,070.99. The stock's 50 day moving average price is C$23.29 and its two-hundred day moving average price is C$19.12. The firm has a market capitalization of C$7.33 billion, a P/E ratio of 4.56, a price-to-earnings-growth ratio of 0.02 and a beta of 2.39. Air Canada has a 12-month low of C$14.47 and a 12-month high of C$26.18.

Insider Activity at Air Canada

In other Air Canada news, Senior Officer Arielle Meloul-Wechsler sold 6,000 shares of the stock in a transaction dated Thursday, December 19th. The stock was sold at an average price of C$21.71, for a total value of C$130,246.80. 0.14% of the stock is currently owned by company insiders.

Air Canada Company Profile

Air Canada provides domestic, U.S. transborder, and international airline services. The company provides scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand names in the Canadian market, the Canada-U.S. transborder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers.