OTCMKTS:ACDVF

Air Canada (ACDVF) Stock Forecast, Price & News

$14.18

-0.06 (-0.42%)

(As of 09/22/2023 ET)

Compare

Today's Range: $14.13
▼
$14.18
50-Day Range: $14.18
▼
$19.57
52-Week Range: $11.86
▼
$19.80

Volume: 6,538 shs
Average Volume: 99,936 shs
Market Capitalization: $5.08 billion

P/E Ratio: 15.24
Dividend Yield: N/A
Price Target: $30.00

Profile Analyst Ratings Chart Competitors Earnings Headlines Short Interest

Air Canada MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 111.6% Upside
$30.00 Price Target
Short Interest: Bearish
0.35% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.02
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 4.81%
From $1.87 to $1.96 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.03 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Air Canada has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $30.00, Air Canada has a forecasted upside of 111.6% from its current price of $14.18.
Amount of Analyst Coverage
Air Canada has received no research coverage in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
0.35% of the outstanding shares of Air Canada have been sold short.
Short Interest Ratio / Days to Cover
Air Canada has a short interest ratio ("days to cover") of 54.3, which indicates bearish sentiment.
Change versus previous month
Short interest in Air Canada has recently increased by 4.56%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Air Canada does not currently pay a dividend.
Dividend Growth
Air Canada does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ACDVF.

2.2

News and Social Media Coverage

News Sentiment
Air Canada has a news sentiment score of 0.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Air Canada this week, compared to 7 articles on an average week.
Search Interest
6 people have searched for ACDVF on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.
MarketBeat Follows
1 people have added Air Canada to their MarketBeat watchlist in the last 30 days.

N/A

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Air Canada insiders have not sold or bought any company stock.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Air Canada are expected to grow by 4.81% in the coming year, from $1.87 to $1.96 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Air Canada is 15.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.71.
Price to Earnings Ratio vs. Sector
The P/E ratio of Air Canada is 15.24, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 11.17.

See Top Rated MarketRank™ Stocks Here

About Air Canada (OTCMKTS:ACDVF) Stock

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. As of December 31, 2022, it operated a fleet of 192 aircraft under the Air Canada mainline brand name comprising 110 Boeing and Airbus narrow-body aircraft, and 82 Boeing and Airbus wide-body aircraft; 114 aircraft under the Air Canada Express brand name, including 50 Mitsubishi regional jets, 39 De Havilland Dash-8 turboprop aircraft and 25 Embraer 175 aircraft; and 39 aircraft under the Air Canada Rouge brand name consisting of 14 Airbus A321 aircraft, 5 Airbus A320 aircraft, and 20 Airbus A319 aircraft. The company also provides air cargo services in approximately 50 countries, including Toronto, Halifax, St. John's, Miami, Atlanta, Dallas, Quito, Lima, Bogota, San Juan, Mexico City, Guadalajara, Madrid, and Frankfurt. In addition, it develops, operates, markets, and distributes vacation travel packages in the Caribbean, Mexico, the United States, Europe, Central and South America, South Pacific, Australia, and Asia; offers cruise packages in North America, Europe, and the Caribbean; and provides travel loyalty programs. The company was founded in 1937 and is headquartered in Saint-Laurent, Canada.

ACDVF Price History

30 days | 90 days | 365 days | Advanced Chart

ACDVF Stock News Headlines

September 5, 2023 | marketbeat.com

Air Canada apologizes for booting passengers who complained that their seats were smeared with vomit

Air Canada says it has apologized to two women who were booted off a flight by security after protesting that their seats were smeared in vomit

September 20, 2023 | theglobeandmail.com

Air Canada says unauthorized group gained access to internal system, compromising some employee information

September 23, 2023 | Chaikin Analytics (Ad)

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September 19, 2023 | finance.yahoo.com

Air Canada and Dreams Take Flight Edmonton Celebrate 30 Years of Helping Children Make Magical Memories

September 19, 2023 | msn.com

Fight continues for Toronto man denied access to Air Canada flight in 2016

September 15, 2023 | msn.com

Air Canada allegedly loses NHL prospect's gear ahead of Sharks rookie camp

September 14, 2023 | finance.yahoo.com

J.B. Hunt Transport (JBHT) Stock Up 4.09% Yesterday: Here's Why

September 13, 2023 | msn.com

Air Canada pulls out of Penticton due to pilot shortage, incurs community backlash

September 23, 2023 | Chaikin Analytics (Ad)

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September 13, 2023 | finance.yahoo.com

Vistara Becomes a UATP Merchant to Expand Selling Ability and Fuel Growth

September 11, 2023 | msn.com

Air Canada To Launch Madrid Route From Montreal And Expand Europe Services

September 11, 2023 | msn.com

Air Canada Boeing 777 Returns To Delhi After Warning Of Terrain At FL300

September 9, 2023 | ca.news.yahoo.com

Toronto man wins disability accommodation fight against Air Canada

September 8, 2023 | msn.com

Air Canada boots passengers who refused to sit on vomit-covered seats

September 7, 2023 | msn.com

Air Canada Issues Apology After Kicking Passengers Off Flight for Refusing Vomit-Covered Seats

September 7, 2023 | forbes.com

Air Canada Plans Extended Services To Europe For Summer 2024

September 7, 2023 | news.yahoo.com

Don't read this if your stomach is weak, or you're planning to fly Air Canada

September 6, 2023 | msn.com

Air Canada discovers that insisting customers sit in vomit-covered seats is a bad idea

September 6, 2023 | benzinga.com

Delta, Air Canada Passengers Face Hard Decisions When Confronted With Bodily Fluids

September 6, 2023 | finance.yahoo.com

Air Canada (ACDVF) to Introduce More European Flights in 2024

September 6, 2023 | finance.yahoo.com

Airline discovers that insisting customers sit in vomit-covered seats is a really bad idea

September 6, 2023 | ca.finance.yahoo.com

Air Canada kicks off passengers who refused vomit-covered seats

September 5, 2023 | msn.com

Passengers kicked off Air Canada flight for refusing to sit in vomit-covered seats

September 5, 2023 | yahoo.com

Air Canada apologizes after 2 passengers were kicked off a plane for refusing to sit in a vomit-covered seat

September 5, 2023 | msn.com

Air Canada apologizes after passengers told to sit in vomit-covered seats

September 5, 2023 | msn.com

Air Canada passengers kicked off flight after complaining about vomit-covered seats

September 4, 2023 | msn.com

Flights delayed at YVR after Air Canada plane hits another on the tarmac

See More Headlines

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ACDVF Company Calendar

Last Earnings: 8/11/2023
Today: 9/23/2023
Next Earnings (Estimated): 10/26/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Air transportation, scheduled
Sub-Industry: N/A
Sector: Transportation
Current Symbol: OTCMKTS:ACDVF
Previous Symbol: OTCMKTS:AIDIF
CUSIP: N/A
CIK: N/A
Web: www.aircanada.com
Phone: (514) 422-6644
Fax: N/A
Employees: 30,500
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $30.00
High Stock Price Forecast: $35.00
Low Stock Price Forecast: $25.00
Forecasted Upside/Downside: +111.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.93
Trailing P/E Ratio: 15.24
Forward P/E Ratio: 7.58
P/E Growth: N/A
Net Income: $-1,307,640,000.00
Net Margins: 2.38%
Pretax Margin: 2.12%
Return on Equity: -36.09%
Return on Assets: 1.68%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.98
Quick Ratio: 0.95

Sales & Book Value

Annual Sales: $12.73 billion
Price / Sales: 0.40
Cash Flow: $1.44 per share
Price / Cash Flow: 9.86
Book Value: ($3.34) per share
Price / Book: -4.24

Miscellaneous

Outstanding Shares: 358,470,000
Free Float: N/A
Market Cap: $5.08 billion
Optionable: Not Optionable
Beta: 1.96

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Key Executives

Mr. Michael Stewart Rousseau (Age 65)
CEO, Pres & Director
Comp: $2.63M

Mr. Craig Landry
Exec. VP & Chief Operations Officer

Ms. Arielle Meloul-Wechsler (Age 55)
Exec. VP and Chief HR & Public Affairs
Comp: $679.31k

Mr. John Di Bert C.A. (Age 51)
CPA, Exec. VP & CFO

Mr. Melvin Crocker
Chief Information Officer

Valerie Durand
Head of Investor Relations & Corp. Sustainability

Mr. Marc B. Barbeau
Exec. VP & Chief Legal Officer

Mr. Mark Youssef Nasr
Exec. VP Marketing & Digital and Pres of Aeroplan

Mr. John Alec MacLeod (Age 63)
VP of Global Sales & Alliances

Mr. Richard Steer
Sr. VP of Operations & Express Carriers

Key Competitors

View All Competitors

ACDVF Stock - Frequently Asked Questions

Should I buy or sell Air Canada stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Air Canada in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ACDVF shares.
View ACDVF analyst ratings or view top-rated stocks.
What is Air Canada's stock price forecast for 2023?: 1 Wall Street analysts have issued 12 month target prices for Air Canada's stock. Their ACDVF share price forecasts range from $25.00 to $35.00. On average, they anticipate the company's share price to reach $30.00 in the next year. This suggests a possible upside of 111.6% from the stock's current price.
View analysts price targets for ACDVF or view top-rated stocks among Wall Street analysts.
How have ACDVF shares performed in 2023?: Air Canada's stock was trading at $14.42 at the beginning of the year. Since then, ACDVF shares have decreased by 1.7% and is now trading at $14.1750.
View the best growth stocks for 2023 here.
Are investors shorting Air Canada?: Air Canada saw a increase in short interest in August. As of August 15th, there was short interest totaling 1,199,200 shares, an increase of 10.3% from the July 31st total of 1,087,400 shares. Based on an average trading volume of 37,700 shares, the short-interest ratio is currently 31.8 days.
View Air Canada's Short Interest.
When is Air Canada's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our ACDVF earnings forecast.
How were Air Canada's earnings last quarter?: Air Canada (OTCMKTS:ACDVF) announced its earnings results on Friday, August, 11th. The company reported $1.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.52 by $0.86. The business earned $4.04 billion during the quarter. Air Canada had a net margin of 2.38% and a negative trailing twelve-month return on equity of 36.09%.

What is Air Canada's stock symbol?: Air Canada trades on the OTCMKTS under the ticker symbol "ACDVF."
How do I buy shares of Air Canada?: Shares of ACDVF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Air Canada's stock price today?: One share of ACDVF stock can currently be purchased for approximately $14.18.
How much money does Air Canada make?: Air Canada (OTCMKTS:ACDVF) has a market capitalization of $5.08 billion and generates $12.73 billion in revenue each year. The company earns $-1,307,640,000.00 in net income (profit) each year or $0.93 on an earnings per share basis.
How many employees does Air Canada have?: The company employs 30,500 workers across the globe.
How can I contact Air Canada?: Air Canada's mailing address is 7373 Cote-Vertu Blvd. West, Saint-Laurent A8, H4S 1Z3. The official website for the company is www.aircanada.com. The company can be reached via phone at (514) 422-6644 or via email at investors.investisseurs@aircanada.ca.

This page (OTCMKTS:ACDVF) was last updated on 9/23/2023 by MarketBeat.com Staff

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Air Canada (ACDVF) Stock Forecast, Price & News

Air Canada MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Air Canada (OTCMKTS:ACDVF) Stock

ACDVF Price History

ACDVF Stock News Headlines

ACDVF Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

ACDVF Stock - Frequently Asked Questions

Overall MarketRank^™