OTCMKTS:ACDVF

Air Canada - ACDVF Stock Forecast, Price & News

$14.21

-0.73 (-4.89%)

(As of 08/19/2022 12:00 AM ET)

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Today's Range: $14.20
▼
$14.70
50-Day Range: $12.28
▼
$15.38
52-Week Range: $11.94
▼
$22.36

Volume: 19,113 shs
Average Volume: 84,518 shs
Market Capitalization: $5.10 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $28.00

Air Canada MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.70 Rating Score
Upside/Downside: 97.0% Upside
$28.00 Price Target
Short Interest: Bearish
3.02% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.04
Based on 8 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($3.27) to $1.38 Per Share

Overall MarketRank^™

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

1.74 out of 5 stars

3.4

Analyst's Opinion

Consensus Rating
Air Canada has received a consensus rating of Buy. The company's average rating score is 2.70, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $28.00, Air Canada has a forecasted upside of 97.0% from its current price of $14.21.
Amount of Analyst Coverage
Air Canada has only been the subject of 2 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
3.02% 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 56.5, which indicates bearish sentiment.
Change versus previous month
Short interest in Air Canada has recently increased by 0.87%, 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.

1.6

News and Social Media Coverage

News Sentiment
Air Canada has a news sentiment score of -0.04. 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 0.64 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Air Canada this week, compared to 6 articles on an average week.
MarketBeat Follows
3 people have added Air Canada to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Air Canada are expected to grow in the coming year, from ($3.27) to $1.38 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Air Canada is -2.40, 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 -2.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Air Canada has a P/B Ratio of 710.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Air Canada (OTCMKTS:ACDVF) Stock

Air Canada provides domestic, U.S. transborder, and international airline services. It offers scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand name 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, 2021, the company operated a fleet of 175 aircraft under the Air Canada mainline brand name comprising 97 Boeing and Airbus narrow-body aircraft, and 78 Boeing and Airbus wide-body aircraft; 123 aircraft under the Air Canada Express brand name, including 50 Mitsubishi regional jets, 48 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. It also provides air cargo services in domestic and U.S. transborder routes, as well as on international routes between Canada and markets in Europe, Asia, South America, and Australia. In addition, the company operates, develops, 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. Air Canada was founded in 1937 and is headquartered in Saint-Laurent, Canada.

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ACDVF Stock News Headlines

August 18, 2022 | msn.com

Air Canada Commits To Environmental Transparency By Publishing TCFD Report

August 18, 2022 | baystreet.ca

Air Canada To Operate At 79% Capacity

August 19, 2022 | Investing Trends (Ad)

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August 18, 2022 | msn.com

Air Canada Slashes Average Flight Delay Length Significantly

August 17, 2022 | sg.finance.yahoo.com

Air Canada says its baggage handling success rate is back to 98%

August 17, 2022 | seekingalpha.com

Air Canada employee-count nears pre-pandemic levels

August 17, 2022 | finance.yahoo.com

UPDATE 1-Air Canada to operate at 79% of pre-pandemic capacity in summer

August 17, 2022 | finance.yahoo.com

Air Canada Aligns with Task Force on Climate-related Financial Disclosures with First TCFD Report

August 19, 2022 | Investing Trends (Ad)

The Coming Copper Bull Run

August 16, 2022 | finance.yahoo.com

ADVISORY - Air Canada to Present at the Raymond James 2022 Diversified Industrials Conference

August 12, 2022 | msn.com

A passenger said a stranger drove her family from Seattle to Vancouver so they could make their cruise after Air Canada cancelled their flight, a report says

August 10, 2022 | msn.com

Air Canada Is Having A Flash Sale & You Can Find Cheap Flights For As Low As $81

August 10, 2022 | msn.com

Air Canada Doubles Copenhagen Network With New Montréal Route

August 7, 2022 | msn.com

Air Canada is refusing to compensate passengers for cancellations thanks to a policy that lets them call staff shortages a safety problem

August 7, 2022 | msn.com

Final Boeing 737 MAX Delivered To Air Canada From 40-Aircraft Order

August 4, 2022 | msn.com

Disability advocate 'humiliated' by treatment on Air Canada flight to Hawaii

August 4, 2022 | msn.com

Air Canada Struggles To Handle Q2 Demand But Cuts Losses

August 2, 2022 | finance.yahoo.com

Air Canada loss narrows as revenue jumps fivefold in 'very challenging' quarter

August 2, 2022 | msn.com

'Not business as usual': Air Canada apologizes to travellers for 'challenges'

August 2, 2022 | baystreet.ca

Air Canada Posts Q2 Loss Of $253 Million

August 2, 2022 | msn.com

Air Canada Misses Estimates Amid Second Quarter Airport Chaos

August 2, 2022 | seekingalpha.com

Air Canada narrows losses, addresses capacity and cost concerns

August 2, 2022 | finance.yahoo.com

Air Canada Reports Second Quarter 2022 Financial Results

August 2, 2022 | finance.yahoo.com

Air Canada raises annual cost forecast, earnings miss

August 2, 2022 | finance.yahoo.com

UPDATE 2-Air Canada raises annual cost forecast, earnings miss

August 1, 2022 | americanbankingnews.com

Analysts Set Air Canada (OTCMKTS:ACDVF) PT at $28.29

July 31, 2022 | msn.com

Air Canada revoked a worker's flying privileges after her daughter complained about poor service

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ACDVF Company Calendar

Today: 8/19/2022
Next Earnings (Estimated): 10/31/2022
Fiscal Year End: 12/31/2022

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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: 19,800
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $28.00
High Stock Price Forecast: $35.00
Low Stock Price Forecast: $24.00
Forecasted Upside/Downside: +97.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.70
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($5.92)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-2,874,040,000.00
Net Margins: -21.93%
Pretax Margin: -41.59%
Return on Equity: -828.99%
Return on Assets: -8.04%

Debt

Debt-to-Equity Ratio: 1,723.47
Current Ratio: 1.26
Quick Ratio: 1.23

Sales & Book Value

Annual Sales: $5.11 billion
Price / Sales: 1.00
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.02 per share
Price / Book: 710.50

Miscellaneous

Outstanding Shares: 358,930,000
Free Float: N/A
Market Cap: $5.10 billion
Optionable: Not Optionable
Beta: 2.10

Key Executives

Mr. Michael Stewart Rousseau (Age 64)
CEO, Pres & Director
Comp: $389.19k

Mr. Amos S. Kazzaz (Age 66)
Exec. VP & CFO
Comp: $360k

Mr. Craig Landry
Exec. VP & Chief Operations Officer

Ms. Arielle Meloul-Wechsler (Age 54)
Exec. VP and Chief HR & Public Affairs
Comp: $350.27k

Ms. Lucie Guillemette
Exec. VP & Chief Commercial Officer

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
Sr. VP of Products, Marketing & eCommerce

Mr. John Alec MacLeod (Age 62)
VP of Global Sales & Alliances

Key Competitors

View All Competitors

ACDVF Stock - Frequently Asked Questions

Should I buy or sell Air Canada stock right now?: 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Air Canada in the last twelve months. There are currently 3 hold ratings and 7 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 2022?: 10 Wall Street research analysts have issued 1-year price targets for Air Canada's shares. Their ACDVF share price forecasts range from $24.00 to $35.00. On average, they predict the company's share price to reach $28.00 in the next twelve months. This suggests a possible upside of 87.4% 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 2022?: Air Canada's stock was trading at $16.71 on January 1st, 2022. Since then, ACDVF shares have decreased by 10.6% and is now trading at $14.94.
View the best growth stocks for 2022 here.
Are investors shorting Air Canada?: Air Canada saw a decrease in short interest in July. As of July 15th, there was short interest totaling 10,743,600 shares, a decrease of 24.4% from the June 30th total of 14,216,200 shares. Based on an average trading volume of 49,500 shares, the days-to-cover ratio is presently 217.0 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, October 31st 2022.
View our ACDVF earnings forecast.
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 $14.94.
How much money does Air Canada make?: Air Canada (OTCMKTS:ACDVF) has a market capitalization of $5.36 billion and generates $5.11 billion in revenue each year. The company earns $-2,874,040,000.00 in net income (profit) each year or ($5.92) on an earnings per share basis.
How many employees does Air Canada have?: The company employs 19,800 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 8/19/2022 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

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Air Canada (OTCMKTS:ACDVF) Stock

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

MarketBeat Resources

Premium Research Tools

Market Data and Calendars

Investing Education and Resources

Overall MarketRank^™