Q3 EPS Estimates for Air Canada Lowered by Atb Cap Markets

Air Canada (TSE:AC - Free Report) - Atb Cap Markets cut their Q3 2025 earnings per share estimates for Air Canada in a report issued on Sunday, May 11th. Atb Cap Markets analyst C. Murray now forecasts that the company will post earnings of $1.60 per share for the quarter, down from their prior forecast of $2.02. The consensus estimate for Air Canada's current full-year earnings is $2.58 per share. Atb Cap Markets also issued estimates for Air Canada's Q4 2025 earnings at $0.10 EPS, Q1 2026 earnings at ($0.11) EPS, Q2 2026 earnings at $0.91 EPS, Q3 2026 earnings at $1.91 EPS, Q4 2026 earnings at $0.35 EPS and FY2026 earnings at $3.02 EPS.

Several other research firms have also weighed in on AC. Canaccord Genuity Group lifted their price objective on Air Canada from C$24.00 to C$27.00 in a research note on Monday, May 12th. JPMorgan Chase & Co. lowered Air Canada from an "overweight" rating to a "neutral" rating and lowered their target price for the company from C$34.00 to C$24.00 in a research note on Monday, March 3rd. Raymond James lowered their price objective on Air Canada from C$28.00 to C$24.00 in a research note on Tuesday, May 6th. Jefferies Financial Group lowered Air Canada from a "hold" rating to an "underperform" rating and cut their target price for the company from C$18.00 to C$12.00 in a research report on Tuesday, April 1st. Finally, Stifel Nicolaus upped their target price on Air Canada from C$22.00 to C$23.00 in a research report on Monday, May 12th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of C$24.31.

Air Canada Price Performance

AC traded down C$0.07 during trading on Wednesday, reaching C$18.73. 2,494,698 shares of the stock were exchanged, compared to its average volume of 3,546,284. The business's 50 day moving average price is C$14.87 and its two-hundred day moving average price is C$18.94. The company has a debt-to-equity ratio of 400.00, a current ratio of 0.92 and a quick ratio of 1.06. The company has a market capitalization of C$6.68 billion, a price-to-earnings ratio of 2.64, a P/E/G ratio of 0.02 and a beta of 2.39. Air Canada has a 1 year low of C$12.69 and a 1 year high of C$26.18.

Insider Buying and Selling at Air Canada

In related news, Director Vagn Sorensen purchased 11,440 shares of Air Canada stock in a transaction that occurred on Wednesday, February 19th. The shares were acquired at an average price of C$17.40 per share, for a total transaction of C$199,057.14. Also, Senior Officer Craig Landry purchased 7,909 shares of the stock in a transaction dated Monday, March 31st. The stock was bought at an average cost of C$13.99 per share, with a total value of C$110,646.91. Over the last three months, insiders purchased 32,993 shares of company stock valued at $538,251. 0.14% of the stock is currently owned by company insiders.

Air Canada Company Profile

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.