Air Canada (TSE:AC - Free Report) - Equities research analysts at Cormark reduced their Q1 2025 earnings estimates for shares of Air Canada in a research report issued on Tuesday, February 18th. Cormark analyst D. Ocampo now forecasts that the company will earn ($0.62) per share for the quarter, down from their prior forecast of ($0.14). The consensus estimate for Air Canada's current full-year earnings is $2.58 per share. Cormark also issued estimates for Air Canada's Q3 2025 earnings at $2.01 EPS, Q4 2025 earnings at $0.24 EPS, Q1 2026 earnings at ($0.50) EPS, Q2 2026 earnings at $0.75 EPS, Q3 2026 earnings at $2.16 EPS, Q4 2026 earnings at $0.27 EPS and FY2026 earnings at $2.69 EPS.
Other analysts have also recently issued reports about the company. JPMorgan Chase & Co. upped their target price on Air Canada from C$32.00 to C$34.00 in a report on Monday, November 4th. Citigroup dropped their target price on shares of Air Canada from C$28.50 to C$26.50 and set a "buy" rating on the stock in a report on Monday, December 30th. Canaccord Genuity Group increased their price target on Air Canada from C$25.00 to C$29.00 in a report on Monday, November 4th. Stifel Nicolaus dropped their price target on Air Canada from C$28.00 to C$26.00 in a research note on Tuesday, February 18th. Finally, CIBC reduced their price objective on shares of Air Canada from C$28.00 to C$24.00 in a research report on Tuesday, February 18th. Two research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Air Canada has a consensus rating of "Moderate Buy" and an average target price of C$25.87.
Read Our Latest Stock Report on AC
Air Canada Price Performance
Shares of AC traded up C$0.27 during trading hours on Thursday, reaching C$17.11. The stock had a trading volume of 1,939,295 shares, compared to its average volume of 3,195,650. The stock has a market capitalization of C$6.10 billion, a PE ratio of 2.41, a PEG ratio of 0.02 and a beta of 2.39. The company's 50-day moving average is C$20.36 and its two-hundred day moving average is C$19.42. The company has a debt-to-equity ratio of 400.00, a quick ratio of 1.06 and a current ratio of 0.92. 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 news, Senior Officer Arielle Meloul-Wechsler sold 6,000 shares of the business's stock in a transaction on Thursday, December 19th. The shares were sold at an average price of C$21.71, for a total transaction of C$130,246.80. Also, Director Vagn Sorensen purchased 11,440 shares of the firm's stock in a transaction dated Wednesday, February 19th. The stock was purchased at an average cost of C$17.40 per share, for a total transaction of C$199,057.14. 0.14% of the stock is currently owned by corporate insiders.
Air Canada Company Profile
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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.
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