Stifel Canada Weighs in on Air Canada FY2026 Earnings

Air Canada (TSE:AC) – Equities researchers at Stifel Canada issued their FY2026 EPS estimates for shares of Air Canada in a note issued to investors on Thursday, December 19th. Stifel Canada analyst D. Young expects that the company will post earnings per share of $2.98 for the year. 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 analysts also recently issued reports about the company. Citigroup lifted their target price on Air Canada from C$21.00 to C$28.50 in a research report on Monday, November 18th. TD Cowen boosted their target price on Air Canada to C$25.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. Canaccord Genuity Group upped their price objective on shares of Air Canada from C$25.00 to C$29.00 in a research note on Monday, November 4th. JPMorgan Chase & Co. increased their price objective on Air Canada from C$32.00 to C$34.00 in a report on Monday, November 4th. Finally, National Bankshares lifted their target price on shares of Air Canada from C$22.00 to C$27.00 in a report on Monday, November 4th. Two equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Air Canada currently has an average rating of “Moderate Buy” and an average price target of C$26.67.

Air Canada Stock Performance

TSE AC opened at C$22.06 on Monday. 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. Air Canada has a fifty-two week low of C$14.47 and a fifty-two week high of C$26.18. The stock’s fifty day moving average is C$22.25 and its two-hundred day moving average is C$18.53. The firm has a market capitalization of C$7.91 billion, a P/E ratio of 4.92, a price-to-earnings-growth ratio of 0.02 and a beta of 2.39.

Insiders Place Their Bets

In other Air Canada news, Senior Officer Arielle Meloul-Wechsler sold 6,000 shares of the firm’s stock in a transaction dated Thursday, December 19th. The stock was sold at an average price of C$21.71, for a total transaction of C$130,246.80. Insiders own 0.14% of the company’s stock.

About Air Canada

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.