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FY2024 EPS Estimate for Chorus Aviation Decreased by Analyst

Chorus Aviation logo with Industrials background

Chorus Aviation Inc. (TSE:CHR - Free Report) - Equities researchers at National Bank Financial decreased their FY2024 EPS estimates for Chorus Aviation in a research report issued to clients and investors on Monday, February 10th. National Bank Financial analyst C. Doerksen now anticipates that the company will post earnings per share of $1.09 for the year, down from their prior estimate of $1.12. The consensus estimate for Chorus Aviation's current full-year earnings is $0.30 per share. National Bank Financial also issued estimates for Chorus Aviation's Q4 2024 earnings at $0.46 EPS, FY2025 earnings at $1.93 EPS and FY2026 earnings at $1.35 EPS.

Other research analysts have also recently issued research reports about the stock. TD Securities upped their price target on shares of Chorus Aviation from C$24.00 to C$25.00 and gave the stock a "hold" rating in a report on Tuesday, February 11th. CIBC upped their target price on Chorus Aviation from C$3.25 to C$3.80 in a research note on Friday, November 8th. Canaccord Genuity Group raised their price target on Chorus Aviation from C$2.50 to C$3.10 and gave the company a "hold" rating in a report on Wednesday, October 23rd. Finally, BMO Capital Markets boosted their price objective on Chorus Aviation from C$3.00 to C$3.75 in a report on Friday, November 29th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, Chorus Aviation has a consensus rating of "Moderate Buy" and a consensus target price of C$5.84.

Check Out Our Latest Stock Report on CHR

Chorus Aviation Price Performance

TSE CHR traded up C$0.15 on Thursday, hitting C$19.62. The stock had a trading volume of 72,949 shares, compared to its average volume of 59,330. The firm has a 50-day moving average of C$4.62 and a 200-day moving average of C$3.50. The company has a debt-to-equity ratio of 118.79, a quick ratio of 0.53 and a current ratio of 1.13. Chorus Aviation has a 52-week low of C$13.93 and a 52-week high of C$24.08. The company has a market capitalization of C$532.89 million, a price-to-earnings ratio of -32.39, a price-to-earnings-growth ratio of 0.65 and a beta of 2.14.

About Chorus Aviation

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Chorus Aviation Inc, through its subsidiaries, provides aviation solutions. It operates through Regional Aviation Services and Regional Aircraft Leasing segments. The Regional Aviation Services segment provides contract flying services, charter services, and specialized contract flying, such as medical, logistical, and humanitarian flights; aircraft leasing; and maintenance, repair and overhaul services, and part sales and technical services, as well as pilot training services.

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