FY2025 EPS Estimates for Air Canada Lowered by Analyst

Air Canada (TSE:AC) – Stock analysts at National Bank Financial cut their FY2025 earnings estimates for shares of Air Canada in a research note issued to investors on Tuesday, January 14th. National Bank Financial analyst C. Doerksen now anticipates that the company will post earnings of $2.54 per share for the year, down from their previous estimate of $2.68. 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. ATB Capital raised their price objective on shares of Air Canada from C$28.00 to C$31.00 and gave the company an “outperform” rating in a research report on Wednesday, December 18th. BMO Capital Markets raised their price target on Air Canada from C$29.00 to C$31.00 in a report on Wednesday, December 18th. Scotiabank increased their price objective on Air Canada from C$26.50 to C$29.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 18th. Stifel Nicolaus boosted their target price on shares of Air Canada from C$25.50 to C$28.00 and gave the stock a “buy” rating in a research report on Friday, December 20th. Finally, Jefferies Financial Group upped their price target on shares of Air Canada from C$22.00 to C$23.00 in a research note on Monday, January 6th. Two research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$26.60.

Air Canada Stock Up 0.2 %

AC stock opened at C$20.45 on Friday. 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 1,070.99, a quick ratio of 1.06 and a current ratio of 0.85. The company has a fifty day moving average of C$23.29 and a 200-day moving average of C$19.12. The stock has a market capitalization of C$7.33 billion, a PE ratio of 4.56, a price-to-earnings-growth ratio of 0.02 and a beta of 2.39.

Insiders Place Their Bets

In related news, Senior Officer Arielle Meloul-Wechsler sold 6,000 shares of the stock in a transaction on Thursday, December 19th. The stock was sold at an average price of C$21.71, for a total transaction of C$130,246.80. 0.14% of the stock is currently owned by company insiders.

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.