Air Canada provides the U.S. transbonder and international airline services. The company offers scheduled passenger services under the Air Canada Express brand name in the Canadian market, the Canada-U.S. transbonder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers. It also provides air cargo services on domestic and the U.S. transborder routes, as well as on international routes between Canada and other markets in Europe, Asia, South America, and Australia. In addition, the company develops, markets, and distributes vacation packages, as well as offers cruises, tours, and excursions in the Caribbean, Mexico, Central and South America, Asia, Europe, and the United States. The company was founded in 1937 and is headquartered in Saint-Laurent, Canada.
Industry, Sector and Symbol:
- Sector: N/A
- Industry: N/A
- Sub-Industry: N/A
- Symbol: TSE:AC
- CUSIP: N/A
- Web: www.aircanada.com
Capitalization:- Market Cap: C$6.21 billion
- Outstanding Shares: 271,610,000
Average Prices:- 50 Day Moving Avg: C$20.47
- 200 Day Moving Avg: C$16.12
- 52 Week Range: C$8.82 - C$23.12
P/E:- Trailing P/E Ratio: 7.50
- P/E Growth: 0.29
Sales & Book Value:- Annual Revenue: C$15.43 billion
- Price / Sales: 0.40
- Book Value: C$4.41 per share
- Price / Book: 5.19
Profitability:- EBIDTA: C$2.1 billion
- Net Margins: -1.02%
- Return on Equity: -13.84%
- Return on Assets: -0.96%
Misc:- Average Volume: 1.35 million shs.
- Short Ratio: 14.3
Frequently Asked Questions for Air Canada (TSE:AC)
What is Air Canada's stock symbol?
Air Canada trades on the Tornton Stock Exchange (TSX) under the ticker symbol "AC."
How were Air Canada's earnings last quarter?
Air Canada (TSE:AC) released its quarterly earnings results on Thursday, August, 7th. The company reported $0.47 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.46 by $0.01. The firm had revenue of $3.31 billion for the quarter, compared to analyst estimates of $3.32 billion. Air Canada had a negative net margin of 1.02% and a negative return on equity of 13.84%. View Air Canada's Earnings History.
When will Air Canada make its next earnings announcement?
Where is Air Canada's stock going? Where will Air Canada's stock price be in 2017?
11 analysts have issued 1-year price targets for Air Canada's shares. Their forecasts range from C$15.00 to C$34.00. On average, they anticipate Air Canada's share price to reach C$25.17 in the next twelve months. View Analyst Ratings for Air Canada.
Who are some of Air Canada's key competitors?
Some companies that are related to Air Canada include Cenovus Energy (CVE), Encana Corp (ECA), Wheaton Precious Metals Corp (WPM), Canadian Utilities Limited (CU), Emera (EMA), IGM Financial (IGM), ONEX (ONEX), Metro (MRU), First Quantum Minerals Limited (FM), Snc-Lavalin Group (SNC), Gildan Activewear (GIL), Inter Pipeline Ltd (IPL), Turquoise Hill Resources Ltd (TRQ), CI Financial Corp (CIX), Keyera Corp (KEY), Kinross Gold (K), Lundin Mining (LUN) and PrairieSky Royalty Ltd (PSK).
Who are Air Canada's key executives?
Air Canada's management team includes the folowing people:
- Vagn Ove Soerensen, Independent Chairman of the Board
- Calin Rovinescu, President, Chief Executive Officer, Director
- Michael Stewart Rousseau, Chief Financial Officer, Executive Vice President
- Craig Landry, President - Air Canada Leisure Group
- Benjamin M. Smith, President - Passenger Airlines
- Klaus Goersch, Chief Operating Officer, Executive Vice President
- Lise Fournel, Senior Vice President, Chief Information Officer
- Marcel Forget, Senior Vice President - Commercial Strategy
- Lucie Guillemette, Senior Vice President - Revenue Optimization
- Kevin C. Howlet, Senior Vice President - Regional Markets and Government Relations
How do I buy Air Canada stock?
Shares of Air Canada and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
What is Air Canada's stock price today?
One share of Air Canada stock can currently be purchased for approximately C$22.88.
MarketBeat Community Rating for Air Canada (TSE AC)MarketBeat's community ratings are surveys of what our community members think about Air Canada and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Air Canada (TSE:AC) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 3 Hold Ratings, 6 Buy Ratings, 2 Strong Buy Ratings |
| Consensus Rating: | Buy (Score: 2.91) |
| Consensus Price Target: | C$25.17 |
Analysts' Ratings History for Air Canada (TSE:AC)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 8/2/2017 | Canaccord Genuity | Boost Price Target | Buy | C$23.00 -> C$27.00 |  |
| 8/2/2017 | BMO Capital Markets | Reiterated Rating | Outperform | C$28.00 | |
| 8/2/2017 | TD Securities | Boost Price Target | Action List Buy | C$25.00 -> C$34.00 | |
| 8/2/2017 | Royal Bank Of Canada | Boost Price Target | Top Pick | C$25.00 -> C$26.00 | |
| 8/2/2017 | Scotiabank | Boost Price Target | Sector Perform | C$20.50 -> C$27.00 | |
| 8/2/2017 | CIBC | Boost Price Target | | C$23.00 -> C$27.00 | |
| 7/17/2017 | Macquarie | Boost Price Target | Outperform -> Neutral | C$18.00 -> C$22.50 | |
| 6/29/2017 | National Bank Financial | Boost Price Target | | C$18.50 -> C$20.00 | |
| 5/18/2017 | Beacon Securities | Reiterated Rating | Buy | | |
| 5/15/2017 | Raymond James Financial, Inc. | Boost Price Target | Market Perform | C$12.50 -> C$15.00 | |
| 9/29/2016 | CSFB | Reiterated Rating | Outperform | | |
| 2/18/2016 | Cowen and Company | Lower Price Target | | C$18.00 -> C$9.50 | |
| 2/16/2016 | AltaCorp Capital | Lower Price Target | Outperform | C$26.00 -> C$23.00 | |
| 2/4/2016 | Paradigm Capital | Lower Price Target | Buy | C$18.00 | |
| 1/29/2016 | Cormark | Downgrade | Top Pick -> Buy | | |
(Data available from 8/21/2015 forward)
Earnings History for Air Canada (TSE:AC)Earnings History by Quarter for Air Canada (TSE AC)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/25/2017 | | | | | | | N/A | |
| 8/7/2014 | | $0.46 | $0.47 | $3.32 billion | $3.31 billion | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Air Canada (TSE:AC)2017 EPS Consensus Estimate: $2.81
2018 EPS Consensus Estimate: $4.55
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | ($0.60) | ($0.60) | ($0.60) |
| Q2 2017 | 2 | $0.10 | $0.21 | $0.16 |
| Q3 2017 | 2 | $2.87 | $3.28 | $3.08 |
| Q4 2017 | 1 | $0.18 | $0.18 | $0.18 |
| Q1 2018 | 1 | ($0.01) | ($0.01) | ($0.01) |
| Q2 2018 | 1 | $0.97 | $0.97 | $0.97 |
| Q3 2018 | 1 | $3.57 | $3.57 | $3.57 |
| Q4 2018 | 1 | $0.02 | $0.02 | $0.02 |
(Data provided by Zacks Investment Research)
Dividend History for Air Canada (TSE:AC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Air Canada (TSE:AC)Insider Trades by Quarter for Air Canada (TSE:AC)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/14/2017 | Benjamin M Smith | Director | Sell | 50 | C$22.92 | C$1,146.00 | |
| 8/11/2017 | Arielle Meloul-Wechsler | Insider | Sell | 2,021 | C$21.50 | C$43,451.50 | |
| 8/10/2017 | Yves Dufresne | Insider | Sell | 1,677 | C$22.15 | C$37,145.55 | |
| 8/8/2017 | Kevin C Howlett | Insider | Sell | 30,769 | C$22.00 | C$676,918.00 | |
| 8/3/2017 | Calin Rovinescu | Director | Sell | 925,481 | C$20.72 | C$19,175,966.32 | |
| 8/3/2017 | Michael Stewart Rousseau | Insider | Sell | 40,000 | C$21.20 | C$848,000.00 | |
| 6/9/2017 | Michael Stewart Rousseau | Insider | Sell | 34,992 | C$18.00 | C$629,856.00 | |
| 6/8/2017 | Michael Stewart Rousseau | Insider | Sell | 52,000 | C$18.04 | C$938,080.00 | |
| 6/6/2017 | Arielle Meloul-Wechsler | Insider | Sell | 7,064 | C$17.62 | C$124,467.68 | |
| 6/5/2017 | Craig Landry | Insider | Sell | 12,989 | C$17.76 | C$230,684.64 | |
| 5/30/2017 | James Anthony Tabor | Insider | Sell | 2,037 | C$17.95 | C$36,564.15 | |
| 5/25/2017 | Marcel Forget | Insider | Sell | 5,000 | C$17.36 | C$86,800.00 | |
| 5/24/2017 | Pierre Houle | Insider | Sell | 978 | C$17.28 | C$16,899.84 | |
| 5/15/2017 | Mark Galardo | Insider | Sell | 618 | C$16.26 | C$10,048.68 | |
| 3/16/2017 | Lise Fournel | Insider | Sell | 4,000 | C$13.72 | C$54,880.00 | |
| 3/15/2017 | Lise Fournel | Insider | Sell | 10,000 | C$13.29 | C$132,900.00 | |
| 3/14/2017 | Pierre Houle | Insider | Sell | 560 | C$13.30 | C$7,448.00 | |
| 3/2/2017 | Mark Galardo | Insider | Sell | 467 | C$14.00 | C$6,538.00 | |
| 2/23/2017 | Chris Isford | Insider | Sell | 20,273 | C$13.69 | C$277,537.37 | |
(Data available from 1/1/2013 forward)
Headline Trends for Air Canada (TSE:AC)
Latest Headlines for Air Canada (TSE:AC)
| Source: |
|
| Date | Headline |
|---|
 | ETFs with exposure to Air Canada : August 16, 2017
finance.yahoo.com - August 16 at 8:26 PM |
| [$$] Why Savvy U.S. Fliers Take Air Canada
finance.yahoo.com - August 16 at 3:22 PM |
 | Insider Selling: Air Canada (TSE:AC) Insider Sells 2,021 Shares of Stock
www.americanbankingnews.com - August 14 at 11:46 PM |
| Yves Dufresne Sells 1,677 Shares of Air Canada (TSE:AC) Stock
www.americanbankingnews.com - August 14 at 11:46 PM |
 | Are Turbulent Times Ahead for Air Canada? - The Motley Fool Canada
www.fool.ca - August 14 at 3:29 PM |
 | Why Air Canada Remains a Value Play Despite the Recent Run Up - Baystreet.ca
www.baystreet.ca - August 11 at 8:45 PM |
| Air Canada: Growing Free Cash Flow Is Transforming the Airline Business - The Motley Fool Canada
www.fool.ca - August 10 at 4:52 PM |
| Kevin C. Howlett Sells 30,769 Shares of Air Canada (AC) Stock
www.americanbankingnews.com - August 8 at 7:44 PM |
| Air Canada (TSE:AC) Director Calin Rovinescu Sells 925,481 Shares
www.americanbankingnews.com - August 4 at 7:36 PM |
| Air Canada Silence Deletes Critical Data In San Francisco Near Disaster
finance.yahoo.com - August 4 at 3:27 PM |
| Air Canada :AC-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 4, 2017
finance.yahoo.com - August 4 at 3:27 PM |
| FY2017 EPS Estimates for Air Canada Lifted by Analyst (AC)
www.americanbankingnews.com - August 4 at 10:26 AM |
| FY2017 EPS Estimates for Air Canada (TSE:AC) Increased by Analyst
www.americanbankingnews.com - August 4 at 10:26 AM |
| Research Analysts Set Expectations for Air Canada's Q3 2017 Earnings (TSE:AC)
www.americanbankingnews.com - August 4 at 7:02 AM |
 | New data, photos show how close Air Canada jet came to crashing at San Francisco airport
www.msn.com - August 3 at 8:47 PM |
| Michael Stewart Rousseau Sells 40,000 Shares of Air Canada (AC) Stock
www.americanbankingnews.com - August 3 at 7:52 PM |
| Q3 2017 EPS Estimates for Air Canada (AC) Lifted by Cormark
www.americanbankingnews.com - August 3 at 7:40 AM |
| [$$] NTSB Says Air Canada Jet Flew Near Planes at San Francisco Airport
finance.yahoo.com - August 2 at 8:21 PM |
| CANADA STOCKS-Futures gain as investors await corporate earnings
finance.yahoo.com - August 2 at 3:20 PM |
 | Air Canada, WestJet shares soar on boom in air travel - The Globe and Mail
www.theglobeandmail.com - August 2 at 1:42 AM |
| Edited Transcript of AC.TO earnings conference call or presentation 1-Aug-17 1:00pm GMT
finance.yahoo.com - August 2 at 1:42 AM |
 | CANADA STOCKS-TSX down as energy losses offset surges in Shopify, airlines - Nasdaq
www.nasdaq.com - August 1 at 3:38 PM |
| Air Canada, WestJet beat earnings estimates; shares surge - Nasdaq
www.nasdaq.com - August 1 at 3:38 PM |
| CANADA STOCKS-Futures rise with earnings in focus
finance.yahoo.com - August 1 at 3:38 PM |
| Air Canada Jumps as Higher Profit Forecast Delivers New Jolt
finance.yahoo.com - August 1 at 3:38 PM |
| UPDATE 1-Canada's WestJet Airlines smashes profit estimates
finance.yahoo.com - August 1 at 3:38 PM |
| CANADA STOCKS-TSX down as energy losses offset surges in Shopify, airlines
finance.yahoo.com - August 1 at 3:38 PM |
| Air Canada, WestJet beat earnings estimates; shares surge
finance.yahoo.com - August 1 at 3:38 PM |
| North America’s Best Airline Stock Is Also the Cheapest
finance.yahoo.com - August 1 at 3:38 PM |
 | Delta to stop weekly Atlanta-Caracas flights in September - Reuters
www.reuters.com - July 29 at 8:18 PM |
 | Canadian Stocks Are Falling Despite GDP Data - Canadian Commentary
www.rttnews.com - July 28 at 3:37 PM |
| Air Canada (AC) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - July 28 at 12:55 PM |
| Colombia's Avianca to suspend Venezuela flights amid security, other limits - Nasdaq
www.nasdaq.com - July 27 at 9:50 PM |
| Colombia's Avianca to suspend Venezuela flights amid security, other limits
finance.yahoo.com - July 27 at 3:37 PM |
| Canadian Stocks Are Rising Along With Commodities - Canadian Commentary
www.rttnews.com - July 27 at 1:23 AM |
| Avianca suspends flights to Venezuela due to operational, security issues - Nasdaq
www.nasdaq.com - July 26 at 3:19 PM |
| Air Canada Adds Vancouver-Yellowknife Flights for Winter 2017
finance.yahoo.com - July 26 at 3:19 PM |
| Canadian Stocks Are Rising Along With Commodities - Canadian ... - Nasdaq
www.nasdaq.com - July 25 at 3:19 PM |
| Air Canada (AC) to Release Earnings on Tuesday
www.americanbankingnews.com - July 25 at 7:04 AM |
| [$$] Air Canada Pilots Reportedly Weren't Using Normal Navigation Aids in Close Call at San Francisco
finance.yahoo.com - July 21 at 4:39 PM |
| Air Canada Announces Canada's Next Great Cocktail
finance.yahoo.com - July 18 at 3:36 PM |
| Media Advisory - Air Canada to Present Second Quarter 2017 Results
finance.yahoo.com - July 18 at 3:36 PM |
| London Gatwick airport runway briefly closed after Air Canada plane's tyre burst - Nasdaq
www.nasdaq.com - July 17 at 3:36 PM |
| Air Canada: How Fast and How Far Can You Run? - The Motley Fool Canada
www.fool.ca - July 11 at 4:26 PM |
| Air Canada Foundation Raises More Than $1,100,000 Net to Help Canadian Children's Charities
finance.yahoo.com - July 11 at 4:26 PM |
| Beacon Securities Comments on Air Canada's FY2017 Earnings (AC)
www.americanbankingnews.com - July 11 at 10:07 AM |
| Who Benefits From Falling Oil Prices? - The Motley Fool Canada
www.fool.ca - July 10 at 3:26 PM |
| Air Canada (TSE:AC) Given New C$20.50 Price Target at Scotiabank
www.americanbankingnews.com - July 10 at 3:04 PM |
| Q3 2018 EPS Estimates for Air Canada Increased by Cormark (TSE:AC)
www.americanbankingnews.com - July 10 at 8:16 AM |
| Canaccord Genuity Increases Air Canada (TSE:AC) Price Target to C$23.00
www.americanbankingnews.com - July 7 at 1:52 PM |
Air Canada (AC) Chart for Monday, August, 21, 2017
