Air Canada (TSE:AC - Free Report) - Equities researchers at Stifel Canada issued their FY2026 earnings per share estimates for Air Canada in a research report issued on Thursday, December 19th. Stifel Canada analyst D. Young forecasts that the company will earn $2.98 per share for the year. Stifel Canada has a "Strong-Buy" rating on the stock. The consensus estimate for Air Canada's current full-year earnings is $2.58 per share.
Several other brokerages also recently weighed in on AC. National Bankshares upped their target price on shares of Air Canada from C$22.00 to C$27.00 in a report on Monday, November 4th. Raymond James raised Air Canada to a "moderate buy" rating in a research note on Tuesday, December 17th. CIBC lifted their target price on Air Canada from C$27.00 to C$28.00 in a research note on Wednesday, December 4th. Scotiabank upped their price target on Air Canada from C$26.50 to C$29.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 18th. Finally, Canaccord Genuity Group lifted their price objective on shares of Air Canada from C$25.00 to C$29.00 in a research report on Monday, November 4th. Two investment 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. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of C$26.67.
Check Out Our Latest Stock Report on AC
Air Canada Stock Performance
TSE:AC traded up C$0.10 during mid-day trading on Monday, hitting C$22.06. 2,801,419 shares of the company traded hands, compared to its average volume of 2,609,719. The stock's fifty day moving average price is C$22.25 and its 200-day moving average price is C$18.53. 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. Air Canada has a one year low of C$14.47 and a one year high of C$26.18. The firm has a market cap of C$7.91 billion, a price-to-earnings ratio of 4.92, a price-to-earnings-growth ratio of 0.02 and a beta of 2.39.
Insiders Place Their Bets
In other news, Senior Officer Arielle Meloul-Wechsler sold 6,000 shares of Air Canada stock in a transaction on 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 owned by company insiders.
About Air Canada
(
Get Free Report)
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.
Featured Articles
Before you consider Air Canada, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Air Canada wasn't on the list.
While Air Canada currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
