Air Canada Q2 EPS Lifted by National Bank Financial

Air Canada (TSE:AC - Free Report) - National Bank Financial upped their Q2 2025 earnings per share (EPS) estimates for shares of Air Canada in a report released on Tuesday, July 15th. National Bank Financial analyst C. Doerksen now anticipates that the company will post earnings per share of $0.70 for the quarter, up from their previous forecast of $0.68. 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 $1.90 EPS and FY2026 earnings at $2.42 EPS.

AC has been the subject of a number of other research reports. Stifel Nicolaus lifted their price target on Air Canada from C$22.00 to C$23.00 in a research report on Monday, May 12th. Canaccord Genuity Group lifted their price target on Air Canada from C$24.00 to C$27.00 in a research report on Monday, May 12th. National Bankshares boosted their target price on Air Canada from C$24.00 to C$26.00 and gave the stock an "outperform" rating in a research report on Wednesday. BMO Capital Markets dropped their target price on Air Canada from C$31.00 to C$29.00 and set an "outperform" rating for the company in a research report on Thursday, April 3rd. Finally, Raymond James Financial dropped their target price on Air Canada from C$28.00 to C$24.00 in a research report on Tuesday, May 6th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Air Canada currently has an average rating of "Moderate Buy" and an average price target of C$24.41.

Air Canada Price Performance

Shares of AC traded down C$0.11 during trading hours on Thursday, reaching C$21.51. 3,287,049 shares of the company's stock traded hands, compared to its average volume of 3,464,439. The stock has a market cap of C$7.67 billion, a PE ratio of 3.03, a price-to-earnings-growth 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. The firm's 50 day simple moving average is C$19.64 and its 200-day simple moving average is C$17.87. Air Canada has a 12 month low of C$12.69 and a 12 month high of C$26.18.

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.