Q2 EPS Estimates for Air Canada Boosted by Analyst

Air Canada (TSE:AC - Free Report) - Stock analysts at National Bank Financial raised their Q2 2025 earnings per share estimates for Air Canada in a report released on Tuesday, July 15th. National Bank Financial analyst C. Doerksen now forecasts that the company will earn $0.70 per share for the quarter, up from their previous estimate 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.

Several other research analysts have also recently commented on the stock. CIBC decreased their target price on shares of Air Canada from C$24.00 to C$21.00 in a research report on Thursday, April 10th. Royal Bank Of Canada raised shares of Air Canada from a "sector perform" rating to an "outperform" rating and upped their price objective for the stock from C$16.00 to C$25.00 in a report on Monday, May 12th. Citigroup set a C$25.00 price objective on shares of Air Canada and gave the company a "buy" rating in a research note on Monday, June 30th. BMO Capital Markets lowered their price target on Air Canada from C$31.00 to C$29.00 and set an "outperform" rating on the stock in a research report on Thursday, April 3rd. Finally, Jefferies Financial Group lowered Air Canada from a "hold" rating to an "underperform" rating and lowered their target price for the stock from C$18.00 to C$12.00 in a report on Tuesday, April 1st. One investment analyst has rated the stock with a sell rating, one has given a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of C$24.41.

Air Canada Stock Performance

AC stock traded down C$0.52 during mid-day trading on Thursday, reaching C$20.99. The company had a trading volume of 5,050,958 shares, compared to its average volume of 3,475,935. The stock's 50-day simple moving average is C$19.84 and its two-hundred day simple moving average is C$17.82. The stock has a market capitalization of C$7.49 billion, a P/E ratio of 2.96, a P/E/G ratio of 0.02 and a beta of 2.39. The company has a quick ratio of 1.06, a current ratio of 0.92 and a debt-to-equity ratio of 400.00. Air Canada has a one year low of C$12.69 and a one year high of C$26.18.

Air Canada Company Profile

Air Canada is Canada's largest airline, generally serving nearly 50 million passengers each year together with its regional partners. Air Canada is a sixth freedom airline, similar to Gulf carriers, which flies many U.S. nationals on long-haul trips with a layover in Canada. In 2019, the company generated CAD 19 billion in total revenue.