Atb Cap Markets Decreases Earnings Estimates for Air Canada

Air Canada (TSE:AC - Free Report) - Equities researchers at Atb Cap Markets lowered their FY2025 earnings estimates for Air Canada in a research note issued to investors on Sunday, November 3rd. Atb Cap Markets analyst C. Murray now anticipates that the company will earn $1.86 per share for the year, down from their previous forecast of $1.89. The consensus estimate for Air Canada's current full-year earnings is $2.58 per share. Atb Cap Markets also issued estimates for Air Canada's Q1 2026 earnings at ($0.41) EPS, Q2 2026 earnings at $0.59 EPS and Q3 2026 earnings at $2.26 EPS.

Air Canada (TSE:AC - Get Free Report) last posted its quarterly earnings results on Wednesday, August 7th. The company reported C$0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.85 by C$0.13. The business had revenue of C$5.52 billion for the quarter, compared to analyst estimates of C$5.55 billion. Air Canada had a return on equity of 603.77% and a net margin of 7.92%.

AC has been the topic of several other reports. ATB Capital boosted their price objective on shares of Air Canada from C$26.50 to C$28.00 in a research report on Monday. Royal Bank of Canada decreased their price objective on Air Canada from C$18.00 to C$17.00 and set a "sector perform" rating for the company in a report on Tuesday, July 23rd. Stifel Canada raised Air Canada from a "hold" rating to a "strong-buy" rating in a research report on Sunday. Raymond James lowered their price objective on shares of Air Canada from C$28.00 to C$22.00 and set an "outperform" rating on the stock in a report on Tuesday, July 23rd. Finally, TD Securities reduced their target price on shares of Air Canada from C$25.00 to C$19.00 in a report on Wednesday, July 24th. Two equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Air Canada currently has an average rating of "Moderate Buy" and a consensus price target of C$25.27.

Air Canada Trading Up 2.0 %

TSE:AC traded up C$0.44 during trading hours on Tuesday, hitting C$22.18. The stock had a trading volume of 4,745,689 shares, compared to its average volume of 2,354,421. The business's 50 day moving average is C$16.84 and its 200-day moving average is C$17.41. The company has a debt-to-equity ratio of 1,070.99, a quick ratio of 1.06 and a current ratio of 0.85. The company has a market cap of C$7.95 billion, a price-to-earnings ratio of 4.94, a P/E/G ratio of 0.02 and a beta of 2.39. Air Canada has a one year low of C$14.47 and a one year high of C$22.25.

Insider Activity at Air Canada

In other news, Senior Officer Christophe Hennebelle bought 1,900 shares of the stock in a transaction on Friday, August 9th. The stock was acquired at an average price of C$15.70 per share, with a total value of C$29,830.00. 0.14% of the stock is currently owned by insiders.

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.