Should I buy or sell Air Canada stock right now?

1 Wall Street 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 analysts is that investors should "buy" ACDVF shares. View ACDVF analyst ratings or view top-rated stocks .

What is Air Canada's stock price target for 2024?

1 brokers have issued 1-year price objectives for Air Canada's shares. Their ACDVF share price targets range from $25.00 to $35.00. On average, they predict the company's share price to reach $30.00 in the next twelve months. This suggests a possible upside of 132.7% 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 stock has decreased by 10.6% and is now trading at $12.89. View the best growth stocks for 2023 here .

Are investors shorting Air Canada?

Air Canada saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 2,669,700 shares, an increase of 45.8% from the October 31st total of 1,831,100 shares. Based on an average daily volume of 192,900 shares, the short-interest ratio is presently 13.8 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, February 15th 2024. View our ACDVF earnings forecast .

How were Air Canada's earnings last quarter?

Air Canada (OTCMKTS:ACDVF) issued its quarterly earnings data on Monday, October, 30th. The company reported $2.54 earnings per share (EPS) for the quarter. The firm had revenue of $4.73 billion for the quarter. Air Canada had a negative trailing twelve-month return on equity of 125.62% and a net margin of 10.63%.

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 .

Air Canada Stock Price, News & Analysis (OTCMKTS:ACDVF)

$12.89

-0.18 (-1.38%)

(As of 12/5/2023 ET)

Compare

Today's Range: $12.89
▼
$13.13
50-Day Range: $11.75
▼
$14.42
52-Week Range: $11.52
▼
$19.80

Volume: 18,310 shs
Average Volume: 63,181 shs
Market Capitalization: $4.62 billion

P/E Ratio: 2.98
Dividend Yield: N/A
Price Target: $30.00

Stock Analysis Analyst Forecasts Chart Earnings Headlines Short Interest

Air Canada MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 132.7% Upside
$30.00 Price Target
Short Interest: Bearish
0.74% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.20
Based on 10 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 11.69%
From $2.48 to $2.77 Per Share

Overall MarketRank^™

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

2.28 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 132.7% from its current price of $12.89.
Amount of Analyst Coverage
Air Canada has received no research coverage in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
0.74% 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 13.8, which indicates bearish sentiment.
Change versus previous month
Short interest in Air Canada has recently increased by 45.80%, indicating that investor sentiment is decreasing significantly.

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.

1.8

News and Social Media Coverage

News Sentiment
Air Canada has a news sentiment score of 0.20. 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 news sentiment score is similar to the average news sentiment of Transportation companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Air Canada this week, compared to 7 articles on an average week.
Search Interest
Only 4 people have searched for ACDVF on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added Air Canada to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 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.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Air Canada are expected to grow by 11.69% in the coming year, from $2.48 to $2.77 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Air Canada is 2.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.51.
Price to Earnings Ratio vs. Sector
The P/E ratio of Air Canada is 2.98, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 12.26.

See Top Rated MarketRank™ Stocks Here

About Air Canada Stock (OTCMKTS:ACDVF)

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 Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ACDVF Stock News Headlines

December 5, 2023 | msn.com

Air Canada Makes Europe A Little Smaller With Its New Connecting Trains Offer

December 5, 2023 | msn.com

Air Canada Leaves Nation's Chief Accessibility Officer's Wheelchair Behind On Flight From Toronto

December 6, 2023 | Autonomix (Ad)

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December 5, 2023 | finance.yahoo.com

Air Canada Makes Europe Easier to Explore by Offering Customers Convenient New Air-to-Rail Connections

December 5, 2023 | financialpost.com

Air Canada Tests Jet De-Icing Strips to End Blasts of Glycol

December 4, 2023 | skift.com

IDEAS: Air Canada Introduces New Tracking Tool for Baggage and Mobility Aids

December 4, 2023 | msn.com

Air Canada passengers can track bags, mobility aids on domestic flights

December 1, 2023 | finance.yahoo.com

Air Canada Customers Can Now Track their Baggage and Mobility Aids while Travelling in Canada

December 6, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

November 30, 2023 | ca.finance.yahoo.com

Airbus' carbon removal initiative gets first North American airline sign up from Air Canada

November 30, 2023 | americanbankingnews.com

Air Canada (OTCMKTS:ACDVF) Short Interest Update

November 29, 2023 | msn.com

Measles exposure warnings issued for Air Canada flights, Calgary and Vancouver airports, Alberta Children's Hospital

November 29, 2023 | msn.com

AHS issues measles exposure warning for Air Canada flight, Calgary airport, Alberta Children's Hospital

November 23, 2023 | finance.yahoo.com

Wall Street Bulls Look Optimistic About Air Canada (ACDVF): Should You Buy?

November 23, 2023 | msn.com

Montreal Canadiens line up Air Canada as road jersey sponsor

November 22, 2023 | msn.com

Canadiens announce multiyear away jersey partnership with Air Canada

November 22, 2023 | finance.yahoo.com

Delta (DAL) & Latvian Carrier Launch Codeshare Service

November 21, 2023 | msn.com

Air Canada Rejects Blame in Gold Heist Case

November 21, 2023 | seekingalpha.com

Air Canada: Atlantic Growth Encouraging

November 20, 2023 | msn.com

Air Canada rejects blame in $24M gold theft at Toronto Pearson as it faces Brink’s lawsuit

November 17, 2023 | finance.yahoo.com

3 Stocks to Buy for Travel & Hospitality-Related Exposure

November 15, 2023 | msn.com

Video shows Air Canada flight's bumpy landing at Pearson airport

November 15, 2023 | msn.com

Air Canada once left the wheelchair of Canada's top accessibility officer behind before a cross-country flight

November 15, 2023 | finance.yahoo.com

Aeroplan-Parkland Partnership Launches Today, Adding 1,100+ New Locations to Earn and Redeem Daily

November 14, 2023 | msn.com

Air Canada disconnected a disabled passenger's ventilator and dropped a mobility lift on her head, report shows

November 14, 2023 | finance.yahoo.com

Final Air Canada and Dreams Take Flight of 2023 Departs Ottawa Providing Kids the Trip-of-a-Lifetime

November 13, 2023 | msn.com

Air Canada disconnected a disabled passenger's ventilator and dropped a lift on her head, report says

See More Headlines

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Company Calendar

Last Earnings: 10/30/2023
Today: 12/05/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/15/2024

Get Stock Alerts

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 Target: $30.00
High Stock Price Target: $35.00
Low Stock Price Target: $25.00
Potential Upside/Downside: +132.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.32
Trailing P/E Ratio: 2.98
Forward P/E Ratio: 5.20
P/E Growth: N/A
Net Income: $-1,307,640,000.00
Net Margins: 10.63%
Pretax Margin: 2.12%
Return on Equity: -125.62%
Return on Assets: 5.07%

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: 0.36
Cash Flow: $1.45 per share
Price / Cash Flow: 8.90
Book Value: ($3.34) per share
Price / Book: -3.86

Miscellaneous

Outstanding Shares: 358,470,000
Free Float: N/A
Market Cap: $4.62 billion
Optionable: Not Optionable
Beta: 1.95

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Key Executives

Mr. Michael Stewart Rousseau (Age 65)
CEO, President & Director
Comp: $2.61M
Mr. Craig Landry
Executive VP & Chief Operations Officer
Ms. Arielle Meloul-Wechsler (Age 55)
Executive VP and Chief Human Resources & Public Affairs
Comp: $673.23k
Mr. John Di Bert C.A. (Age 51)
CPA, Executive VP & CFO
Mr. Melvin Crocker
Chief Information Officer
Valerie Durand
Head of Investor Relations & Corporate Sustainability
Mr. Marc B. Barbeau
Executive VP & Chief Legal Officer
Mr. Mark Youssef Nasr
Executive Vice President Marketing & Digital and President of Aeroplan
Mr. John Alec MacLeod (Age 63)
Vice President of Global Sales & Alliances
Mr. Richard Steer
Senior Vice President of Operations & Express Carriers

Key Competitors

View All Competitors

ACDVF Stock Analysis - Frequently Asked Questions

Should I buy or sell Air Canada stock right now?: 1 Wall Street 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 analysts is that investors should "buy" ACDVF shares.
View ACDVF analyst ratings or view top-rated stocks.
What is Air Canada's stock price target for 2024?: 1 brokers have issued 1-year price objectives for Air Canada's shares. Their ACDVF share price targets range from $25.00 to $35.00. On average, they predict the company's share price to reach $30.00 in the next twelve months. This suggests a possible upside of 132.7% 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 stock has decreased by 10.6% and is now trading at $12.89.
View the best growth stocks for 2023 here.
Are investors shorting Air Canada?: Air Canada saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 2,669,700 shares, an increase of 45.8% from the October 31st total of 1,831,100 shares. Based on an average daily volume of 192,900 shares, the short-interest ratio is presently 13.8 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, February 15th 2024.
View our ACDVF earnings forecast.
How were Air Canada's earnings last quarter?: Air Canada (OTCMKTS:ACDVF) issued its quarterly earnings data on Monday, October, 30th. The company reported $2.54 earnings per share (EPS) for the quarter. The firm had revenue of $4.73 billion for the quarter. Air Canada had a negative trailing twelve-month return on equity of 125.62% and a net margin of 10.63%.
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.

This page (OTCMKTS:ACDVF) was last updated on 12/6/2023 by MarketBeat.com Staff

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