Air Canada (TSE:AC - Free Report) - Equities researchers at Cormark issued their FY2027 earnings per share (EPS) estimates for shares of Air Canada in a research note issued on Wednesday, December 18th. Cormark analyst D. Ocampo forecasts that the company will post earnings per share of $2.92 for the year. The consensus estimate for Air Canada's current full-year earnings is $2.58 per share.
AC has been the topic of a number of other reports. ATB Capital boosted their target price on shares of Air Canada from C$28.00 to C$31.00 and gave the stock an "outperform" rating in a report on Wednesday. Jefferies Financial Group boosted their price objective on Air Canada from C$18.00 to C$22.00 in a research note on Tuesday, November 5th. Raymond James upgraded Air Canada to a "moderate buy" rating in a research report on Tuesday. CIBC lifted their target price on Air Canada from C$27.00 to C$28.00 in a report on Wednesday, December 4th. Finally, TD Cowen increased their price target on Air Canada to C$25.00 and gave the company a "buy" rating in a report on Wednesday, November 6th. Two analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Air Canada has an average rating of "Moderate Buy" and a consensus price target of C$26.67.
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Air Canada Price Performance
Shares of TSE:AC traded up C$0.24 during mid-day trading on Friday, reaching C$21.96. The stock had a trading volume of 6,308,916 shares, compared to its average volume of 2,608,943. The company has a market cap of C$7.87 billion, a P/E ratio of 4.90, a price-to-earnings-growth ratio of 0.02 and a beta of 2.39. The business's 50 day moving average price is C$22.14 and its 200 day moving average price is C$18.51. The company has a current ratio of 0.85, a quick ratio of 1.06 and a debt-to-equity ratio of 1,070.99. Air Canada has a 1 year low of C$14.47 and a 1 year high of C$26.18.
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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