Q1 EPS Estimates for Air Canada Decreased by Analyst

Air Canada (TSE:AC) – National Bank Financial lowered their Q1 2025 EPS estimates for Air Canada in a report issued on Wednesday, April 9th. National Bank Financial analyst C. Doerksen now expects that the company will post earnings of ($0.56) per share for the quarter, down from their previous forecast of ($0.33). The consensus estimate for Air Canada’s current full-year earnings is $2.58 per share. National Bank Financial also issued estimates for Air Canada’s FY2025 earnings at $1.37 EPS and FY2026 earnings at $1.98 EPS.

Other research analysts have also issued research reports about the company. Raymond James raised Air Canada to a “moderate buy” rating in a research report on Tuesday, December 17th. Stifel Nicolaus decreased their target price on Air Canada from C$28.00 to C$26.00 in a report on Tuesday, February 18th. ATB Capital lifted their price target on 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. Cormark upped their price objective on shares of Air Canada from C$26.75 to C$29.50 in a report on Wednesday, December 18th. Finally, Scotiabank lowered their target price on shares of Air Canada from C$25.00 to C$21.00 and set an “outperform” rating for the company in a report on Wednesday, April 9th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Air Canada currently has an average rating of “Moderate Buy” and an average price target of C$23.67.

Air Canada Price Performance

AC stock opened at C$13.68 on Monday. The company has a current ratio of 0.92, a quick ratio of 1.06 and a debt-to-equity ratio of 400.00. The firm’s 50-day moving average price is C$15.80 and its two-hundred day moving average price is C$19.29. The stock has a market capitalization of C$4.88 billion, a price-to-earnings ratio of 1.93, a PEG ratio of 0.02 and a beta of 2.39. Air Canada has a 12-month low of C$12.69 and a 12-month high of C$26.18.

Insider Buying and Selling at Air Canada

In related news, Senior Officer Craig Landry acquired 13,644 shares of the firm’s stock in a transaction dated Friday, February 28th. The shares were purchased at an average price of C$16.75 per share, with a total value of C$228,546.55. Also, Director Vagn Sorensen acquired 11,440 shares of the business’s stock in a transaction that occurred on Wednesday, February 19th. The shares were bought at an average price of C$17.40 per share, with a total value of C$199,057.14. In the last 90 days, insiders have purchased 32,993 shares of company stock worth $538,251. Company 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.