Air Canada (TSE:AC - Free Report) - Research analysts at Cormark decreased their Q2 2025 earnings estimates for shares of Air Canada in a research note issued on Tuesday, February 18th. Cormark analyst D. Ocampo now forecasts that the company will post earnings per share of $0.64 for the quarter, down from their prior forecast of $0.75. The consensus estimate for Air Canada's current full-year earnings is $2.58 per share. Cormark also issued estimates for Air Canada's FY2025 earnings at $2.25 EPS.
AC has been the topic of several other reports. Canaccord Genuity Group lifted their price target on Air Canada from C$25.00 to C$29.00 in a research report on Monday, November 4th. CIBC reduced their target price on shares of Air Canada from C$28.00 to C$24.00 in a research report on Tuesday. JPMorgan Chase & Co. lifted their price target on shares of Air Canada from C$32.00 to C$34.00 in a research report on Monday, November 4th. Stifel Canada upgraded shares of Air Canada from a "hold" rating to a "strong-buy" rating in a report on Sunday, November 3rd. Finally, BMO Capital Markets lifted their price objective on Air Canada from C$29.00 to C$31.00 in a research note on Wednesday, December 18th. Two research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of C$26.20.
View Our Latest Stock Analysis on Air Canada
Air Canada Trading Down 2.3 %
Shares of AC stock traded down C$0.39 during trading hours on Wednesday, reaching C$16.83. The company's stock had a trading volume of 3,964,277 shares, compared to its average volume of 3,212,421. The firm's fifty day simple moving average is C$20.52 and its 200 day simple moving average is C$19.37. Air Canada has a one year low of C$14.47 and a one year high of C$26.18. The stock has a market capitalization of C$6.00 billion, a P/E ratio of 2.37, a P/E/G ratio of 0.02 and a beta of 2.39. The company has a current ratio of 0.92, a quick ratio of 1.06 and a debt-to-equity ratio of 400.00.
Insider Activity
In other Air Canada news, Senior Officer Arielle Meloul-Wechsler sold 6,000 shares of the stock in a transaction that occurred on Thursday, December 19th. The shares were 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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