Air Canada (TSE:AC - Free Report) - Equities research analysts at Stifel Canada dropped their FY2026 earnings per share estimates for Air Canada in a research report issued on Monday, February 17th. Stifel Canada analyst D. Young now anticipates that the company will earn $2.59 per share for the year, down from their prior forecast of $2.98. Stifel Canada currently has a "Strong-Buy" rating on the stock. The consensus estimate for Air Canada's current full-year earnings is $2.58 per share.
Other equities research analysts also recently issued research reports about the stock. Cormark lifted their target price on shares of Air Canada from C$26.75 to C$29.50 in a research report on Wednesday, December 18th. Stifel Nicolaus cut their price objective on Air Canada from C$28.00 to C$26.00 in a report on Tuesday. Raymond James upgraded Air Canada to a "moderate buy" rating in a research report on Tuesday, December 17th. Jefferies Financial Group raised their target price on Air Canada from C$22.00 to C$23.00 in a research report on Monday, January 6th. Finally, Citigroup reduced their price target on shares of Air Canada from C$28.50 to C$26.50 and set a "buy" rating for the company in a research report on Monday, December 30th. Two 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. According to data from MarketBeat, Air Canada presently has an average rating of "Moderate Buy" and a consensus price target of C$26.20.
Read Our Latest Report on AC
Air Canada Stock Performance
Shares of AC stock traded down C$0.38 during trading hours on Thursday, reaching C$16.84. The company had a trading volume of 4,275,777 shares, compared to its average volume of 3,234,441. The firm has a market cap of C$6.01 billion, a PE ratio of 2.37, a price-to-earnings-growth ratio of 0.02 and a beta of 2.39. The business has a fifty day moving average price of C$20.52 and a 200-day moving average price of C$19.37. Air Canada has a one year low of C$14.47 and a one year high of C$26.18. The company has a debt-to-equity ratio of 400.00, a quick ratio of 1.06 and a current ratio of 0.92.
Insider Activity
In other Air Canada news, Senior Officer Arielle Meloul-Wechsler sold 6,000 shares of the company's stock in a transaction that occurred 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. 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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