OTCMKTS:ACDVF

Air Canada (ACDVF) Stock Forecast, Price & News

$16.30

+0.14 (+0.87%)

(As of 06/2/2023 ET)

Compare

Today's Range: $16.11
▼
$16.42
50-Day Range: $13.47
▼
$16.69
52-Week Range: $11.86
▼
$17.50

Volume: 107,306 shs
Average Volume: 18,608 shs
Market Capitalization: $5.84 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $28.86

Profile Analyst Ratings Chart Competitors Earnings Headlines Short Interest

Air Canada MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 77.0% Upside
$28.86 Price Target
Short Interest: Healthy
0.45% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.17
Based on 21 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 49.57%
From $1.15 to $1.72 Per Share

Overall MarketRank^™

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

2.45 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 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $28.86, Air Canada has a forecasted upside of 77.0% from its current price of $16.30.
Amount of Analyst Coverage
Air Canada has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.45% 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 32.6, which indicates bearish sentiment.
Change versus previous month
Short interest in Air Canada has recently decreased by 52.70%, indicating that investor sentiment is improving 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.

2.3

News and Social Media Coverage

News Sentiment
Air Canada has a news sentiment score of 0.17. 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 0.54 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 21 news articles for Air Canada this week, compared to 8 articles on an average week.
Search Interest
1 people have searched for ACDVF on MarketBeat 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.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Air Canada are expected to grow by 49.57% in the coming year, from $1.15 to $1.72 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Air Canada is -7.91, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Air Canada is -7.91, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

About Air Canada (OTCMKTS:ACDVF) Stock

Air Canada engages in the provision of airline transportation services. Its services cover full-service airline, scheduled passenger and cargo services, serving more than two hundred airports on six continents. It operates through the following geographical segments: Canada, U.S. Transborder, Atlantic, Pacific, and Other. The company was founded on April 11, 1936 and is headquartered in Saint-Laurent, Canada.

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ACDVF Stock News Headlines

June 1, 2023 | marketbeat.com

Technical issues cause delays for Spirit, Air Canada

Spirit Airlines and Air Canada are dealing with technical issues on Thursday that have delayed some of the airlines’ flights

June 4, 2023 | msn.com

Air Canada Inaugurates Boeing 787 Amsterdam-Montreal Flights

June 4, 2023 | Altimetry (Ad)

Surprising "Twist" Hands Biden Landslide Re-election?

This could make it harder than ever to hang onto the money you make as Progressives gain power, and America slides further towards Socialism.

June 3, 2023 | msn.com

Technical issues cause widespread delays for Spirit, Air Canada flights

June 3, 2023 | msn.com

Air Canada flight communicator system breaks down, causing widespread delays

June 2, 2023 | msn.com

Airbus Shuttle: Air Canada Operates Inaugural Montreal-Toulouse Service

June 1, 2023 | msn.com

Air Canada flights delayed over technical issue for second time in one week

June 1, 2023 | news.yahoo.com

Technical issues delay over half of Spirit Airlines flights as Air Canada cancels dozens

June 4, 2023 | Altimetry (Ad)

Surprising "Twist" Hands Biden Landslide Re-election?

This could make it harder than ever to hang onto the money you make as Progressives gain power, and America slides further towards Socialism.

June 1, 2023 | news.yahoo.com

Air Canada to offer nonstop flights to Toronto from Sacramento International Airport

June 1, 2023 | msn.com

Spirit and Air Canada technical issues spark flood of flight delays

June 1, 2023 | foxnews.com

Spirit Airlines and Air Canada grapple with technical issues causing flight delays

June 1, 2023 | msn.com

Air Canada says flights stabilizing as IT system recovers

June 1, 2023 | finance.yahoo.com

New Aspire | Air Canada Café opens today at Billy Bishop Toronto City Airport

May 31, 2023 | baystreet.ca

Air Canada Pilots To Start Labour Negotiations This Summer

May 30, 2023 | ca.sports.yahoo.com

PAL Airlines inches closer to deal to fly more routes under Air Canada Express brand

May 30, 2023 | msn.com

Air Canada pilots pull out of current job contract early to start new talks with airline this summer

May 30, 2023 | msn.com

Air Canada pilots look to start bargaining early after WestJet pay hike

May 30, 2023 | marketwatch.com

PAL Airlines in Letter of Intent to Fly Regional Services for Air Canada

May 30, 2023 | marketwatch.com

Air Canada in Bridging Agreement With PAL Airlines to Add Eastern Canada Capacity

May 29, 2023 | theglobeandmail.com

Air Canada pilots open door to bargaining this summer

May 29, 2023 | ca.finance.yahoo.com

Air Canada pilots end 10-year contract framework, eye bargaining

May 29, 2023 | finance.yahoo.com

UPDATE 1-Air Canada pilots end 10-year contract framework, eye bargaining

May 28, 2023 | americanbankingnews.com

Air Canada (OTCMKTS:ACDVF) Short Interest Update

May 26, 2023 | finance.yahoo.com

WestJet, pilots in tentative deal for 24% hourly raise over 4 years, document shows

May 26, 2023 | msn.com

Air Canada and Bell Make It Easier to Stay Connected

May 26, 2023 | baystreet.ca

Air Canada Grounds Flights Due To Technical Glitch

See More Headlines

ACDVF Price History

30 days | 90 days | 365 days | Advanced Chart

ACDVF Company Calendar

Last Earnings: 5/12/2023
Today: 6/04/2023
Next Earnings (Estimated): 7/31/2023
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: $28.86
High Stock Price Forecast: $33.00
Low Stock Price Forecast: $23.00
Forecasted Upside/Downside: +77.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.06)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 14.17
P/E Growth: N/A
Net Income: $-1,307,640,000.00
Net Margins: -3.96%
Pretax Margin: -9.21%
Return on Equity: N/A
Return on Assets: -2.12%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.03
Quick Ratio: 1.00

Sales & Book Value

Annual Sales: $12.73 billion
Price / Sales: 0.46
Cash Flow: $1.48 per share
Price / Cash Flow: 11.04
Book Value: ($3.34) per share
Price / Book: -4.88

Miscellaneous

Outstanding Shares: 358,430,000
Free Float: N/A
Market Cap: $5.84 billion
Optionable: Not Optionable
Beta: 1.93

Key Executives

Michael Stewart Rousseau
President, Chief Executive Officer & Director

Craig Landry
Executive Vice President-Operations

Amos S. Kazzaz
Chief Financial Officer & Executive Vice President

Arielle Meloul-Wechsler
Chief Human Resources Officer & Executive VP

Marc B. Barbeau
Chief Legal Officer & Executive Vice President

Key Competitors

View All Competitors

ACDVF Stock - Frequently Asked Questions

Should I buy or sell Air Canada stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Air Canada in the last twelve months. There are currently 3 buy ratings 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?: 3 equities research analysts have issued twelve-month target prices for Air Canada's shares. Their ACDVF share price forecasts range from $23.00 to $33.00. On average, they anticipate the company's stock price to reach $28.86 in the next year. This suggests a possible upside of 77.0% 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 increased by 13.0% and is now trading at $16.30.
View the best growth stocks for 2023 here.
Are investors shorting Air Canada?: Air Canada saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,596,300 shares, a decrease of 52.7% from the April 30th total of 3,374,800 shares. Based on an average daily trading volume, of 49,000 shares, the days-to-cover ratio is currently 32.6 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 Monday, July 31st 2023.
View our ACDVF earnings forecast.
How were Air Canada's earnings last quarter?: Air Canada (OTCMKTS:ACDVF) released its quarterly earnings data on Friday, May, 12th. The company reported ($0.39) earnings per share for the quarter, missing the consensus estimate of ($0.10) by $0.29. The company had revenue of $3.61 billion for the quarter.

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 $16.30.
How much money does Air Canada make?: Air Canada (OTCMKTS:ACDVF) has a market capitalization of $5.84 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 ($2.06) 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 6/4/2023 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

Company Ownership

Earnings and Valuation

About Air Canada (OTCMKTS:ACDVF) Stock

ACDVF Stock News Headlines

ACDVF Price History

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^™