FY2025 EPS Forecast for Air Canada Cut by Analyst

Air Canada (TSE:AC - Free Report) - Investment analysts at National Bank Financial reduced their FY2025 EPS estimates for shares of Air Canada in a research report issued to clients and investors on Tuesday, January 14th. National Bank Financial analyst C. Doerksen now anticipates that the company will post earnings per share of $2.54 for the year, down from their previous estimate of $2.68. The consensus estimate for Air Canada's current full-year earnings is $2.58 per share.

Other research analysts have also recently issued research reports about the company. Stifel Nicolaus raised their target price on Air Canada from C$25.50 to C$28.00 and gave the company a "buy" rating in a research note on Friday, December 20th. TD Cowen upped their target price on shares of Air Canada to C$25.00 and gave the stock a "buy" rating in a research report on Wednesday, November 6th. Jefferies Financial Group lifted their price target on shares of Air Canada from C$22.00 to C$23.00 in a research report on Monday, January 6th. Raymond James upgraded shares of Air Canada to a "moderate buy" rating in a report on Tuesday, December 17th. Finally, ATB Capital raised their target price on shares of Air Canada from C$28.00 to C$31.00 and gave the company an "outperform" rating in a research note on Wednesday, December 18th. Two research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of C$26.60.

Air Canada Trading Down 0.3 %

Shares of Air Canada stock traded down C$0.07 during trading on Friday, reaching C$20.34. 1,672,592 shares of the stock were exchanged, compared to its average volume of 2,696,950. Air Canada has a 1 year low of C$14.47 and a 1 year high of C$26.18. The firm has a market cap of C$7.29 billion, a price-to-earnings ratio of 4.54, a price-to-earnings-growth ratio of 0.02 and a beta of 2.39. 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. The stock's fifty day moving average is C$23.38 and its 200 day moving average is C$19.08.

Insider Transactions at Air Canada

In other news, Senior Officer Arielle Meloul-Wechsler sold 6,000 shares of the business's stock in a transaction dated Thursday, December 19th. The stock was sold at an average price of C$21.71, for a total value of C$130,246.80. Corporate 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.