Air Canada Q1 EPS Decreased by National Bank Financial

Air Canada (TSE:AC - Free Report) - National Bank Financial lowered their Q1 2025 EPS estimates for shares of Air Canada in a research note issued on Wednesday, April 9th. National Bank Financial analyst C. Doerksen now forecasts that the company will post earnings of ($0.56) per share for the quarter, down from their prior estimate of ($0.33). The consensus estimate for Air Canada's current full-year earnings is $2.58 per share. National Bank Financial also issued estimates for Air Canada's FY2025 earnings at $1.37 EPS and FY2026 earnings at $1.98 EPS.

Several other research firms have also commented on AC. Scotiabank decreased their target price on Air Canada from C$25.00 to C$21.00 and set an "outperform" rating on the stock in a report on Wednesday, April 9th. Canaccord Genuity Group decreased their price objective on Air Canada from C$29.00 to C$24.00 and set a "buy" rating on the stock in a research note on Tuesday. CIBC cut their price objective on Air Canada from C$24.00 to C$21.00 in a research note on Thursday, April 10th. Stifel Nicolaus reduced their target price on shares of Air Canada from C$28.00 to C$26.00 in a report on Tuesday, February 18th. Finally, National Bankshares lowered their price target on shares of Air Canada from C$27.00 to C$23.00 in a report on Thursday, April 10th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of C$23.63.

Air Canada Stock Performance

AC traded down C$0.05 during trading on Monday, hitting C$13.97. The company's stock had a trading volume of 3,080,268 shares, compared to its average volume of 3,515,335. The business's 50 day simple moving average is C$15.39 and its 200-day simple moving average is C$19.18. The firm has a market cap of C$4.98 billion, a PE ratio of 1.97, a P/E/G ratio of 0.02 and a beta of 2.39. Air Canada has a one year low of C$12.69 and a one year high of C$26.18. The company has a quick ratio of 1.06, a current ratio of 0.92 and a debt-to-equity ratio of 400.00.

Insider Buying and Selling at Air Canada

In other news, Senior Officer Craig Landry acquired 13,644 shares of the firm's stock in a transaction dated Friday, February 28th. The shares were acquired at an average cost of C$16.75 per share, with a total value of C$228,546.55. Also, Director Vagn Sorensen bought 11,440 shares of the business's stock in a transaction that occurred on Wednesday, February 19th. The stock was acquired at an average cost of C$17.40 per share, with a total value of C$199,057.14. Insiders purchased 32,993 shares of company stock valued at $538,251 in the last 90 days. Insiders own 0.14% of the company's stock.

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.