Air Canada (TSE:AC - Free Report) - Analysts at Cormark dropped their Q1 2025 earnings per share (EPS) estimates for Air Canada in a research note issued to investors on Tuesday, February 18th. Cormark analyst D. Ocampo now expects that the company will post earnings of ($0.62) per share for the quarter, down from their previous 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 research analysts have also recently issued research reports about the company. Stifel Nicolaus cut their price objective on Air Canada from C$28.00 to C$26.00 in a research report on Tuesday. BMO Capital Markets boosted their price objective on Air Canada from C$29.00 to C$31.00 in a research report on Wednesday, December 18th. Jefferies Financial Group boosted their target price on Air Canada from C$22.00 to C$23.00 in a research note on Monday, January 6th. Raymond James upgraded Air Canada to a "moderate buy" rating in a research note on Tuesday, December 17th. Finally, Citigroup lowered their target price on Air Canada from C$28.50 to C$26.50 and set a "buy" rating on the stock in a research note on Monday, December 30th. Two research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of C$26.20.
Check Out Our Latest Stock Report on Air Canada
Air Canada Stock Performance
AC stock traded down C$0.38 during midday trading on Thursday, hitting C$16.84. The company's stock had a trading volume of 4,275,777 shares, compared to its average volume of 3,234,441. The stock's 50-day moving average price is C$20.52 and its 200 day moving average price is C$19.37. The company has a quick ratio of 1.06, a current ratio of 0.92 and a debt-to-equity ratio of 400.00. Air Canada has a 1 year low of C$14.47 and a 1 year high of C$26.18. The stock has a market cap of C$6.01 billion, a price-to-earnings ratio of 2.37, a PEG ratio of 0.02 and a beta of 2.39.
Insiders Place Their Bets
In related 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 transaction of C$130,246.80. Corporate insiders own 0.14% of the company's stock.
About Air Canada
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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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