Air Canada Company Profile (TSE:AC)

About Air Canada (TSE:AC)

Air Canada logoAir 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$7.47 billion
  • Outstanding Shares: 271,610,000
Average Prices:
  • 50 Day Moving Avg: C$21.96
  • 200 Day Moving Avg: C$17.12
  • 52 Week Range: C$9.13 - C$27.68
P/E:
  • Trailing P/E Ratio: 9.01
  • P/E Growth: 0.34
Sales & Book Value:
  • Annual Revenue: C$15.43 billion
  • Price / Sales: 0.48
  • Book Value: C$4.41 per share
  • Price / Book: 6.24
Profitability:
  • EBIDTA: C$2.1 billion
  • Net Margins: 7.67%
  • Return on Equity: 113.41%
  • Return on Assets: 7.40%
Misc:
  • Average Volume: 1.40 million shs.
  • Short Ratio: 8.03
 

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) posted its earnings results on Thursday, August, 7th. The company reported $0.47 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.46 by $0.01. The business had revenue of $3.31 billion for the quarter, compared to analysts' expectations of $3.32 billion. Air Canada had a net margin of 7.67% and a return on equity of 113.41%. View Air Canada's Earnings History.

When will Air Canada make its next earnings announcement?

Air Canada is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Air Canada.

Where is Air Canada's stock going? Where will Air Canada's stock price be in 2017?

12 brokerages have issued twelve-month price targets for Air Canada's stock. Their predictions range from C$15.00 to C$40.00. On average, they anticipate Air Canada's stock price to reach C$28.30 in the next year. View Analyst Ratings for Air Canada.

Who are some of Air Canada's key competitors?

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$27.51.


MarketBeat Community Rating for Air Canada (TSE AC)
Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  246 (Vote Outperform)
Underperform Votes:  169 (Vote Underperform)
Total Votes:  415
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.

Analyst Ratings

Consensus Ratings for Air Canada (TSE:AC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 7 Buy Ratings, 2 Strong Buy Ratings
Consensus Rating:Buy (Score: 2.92)
Consensus Price Target: C$28.30

Analysts' Ratings History for Air Canada (TSE:AC)
Show:
DateFirmActionRatingPrice TargetDetails
9/20/2017ScotiabankBoost Price TargetSector PerformC$27.00 -> C$28.50View Rating Details
9/20/2017Royal Bank Of CanadaBoost Price TargetTop PickC$26.00 -> C$31.00View Rating Details
9/20/2017Cowen and CompanyUpgradeMarket Perform -> OutperformC$23.00 -> C$40.00View Rating Details
9/20/2017Canaccord GenuityBoost Price TargetBuyC$27.00 -> C$31.00View Rating Details
9/20/2017BMO Capital MarketsReiterated RatingOutperformC$34.00View Rating Details
8/2/2017TD SecuritiesBoost Price TargetAction List BuyC$25.00 -> C$34.00View Rating Details
8/2/2017CIBCBoost Price TargetC$23.00 -> C$27.00View Rating Details
7/17/2017MacquarieBoost Price TargetOutperform -> NeutralC$18.00 -> C$22.50View Rating Details
6/29/2017National Bank FinancialBoost Price TargetC$18.50 -> C$20.00View Rating Details
5/18/2017Beacon SecuritiesReiterated RatingBuyView Rating Details
5/15/2017Raymond James Financial, Inc.Boost Price TargetMarket PerformC$12.50 -> C$15.00View Rating Details
9/29/2016CSFBReiterated RatingOutperformView Rating Details
2/16/2016AltaCorp CapitalLower Price TargetOutperformC$26.00 -> C$23.00View Rating Details
2/4/2016Paradigm CapitalLower Price TargetBuyC$18.00View Rating Details
1/29/2016CormarkDowngradeTop Pick -> BuyView Rating Details
(Data available from 9/24/2015 forward)

Earnings

Earnings History for Air Canada (TSE:AC)
Earnings by Quarter for Air Canada (TSE:AC)
Earnings History by Quarter for Air Canada (TSE AC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017N/AView Earnings Details
8/7/2014C$0.46C$0.47C$3.32 billionC$3.31 billionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Air Canada (TSE:AC)
2017 EPS Consensus Estimate: $2.90
2018 EPS Consensus Estimate: $4.71
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.60)($0.60)($0.60)
Q2 20172$0.10$0.21$0.16
Q3 20172$2.87$3.46$3.17
Q4 20171$0.18$0.18$0.18
Q1 20181($0.01)($0.01)($0.01)
Q2 20181$0.97$0.97$0.97
Q3 20181$3.73$3.73$3.73
Q4 20181$0.02$0.02$0.02
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Air Canada (TSE:AC)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Air Canada (TSE:AC)
Insider Trades by Quarter for Air Canada (TSE:AC)
Insider Trades by Quarter for Air Canada (TSE:AC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/24/2017Lucie GuillemetteInsiderSell1,941C$23.18C$44,992.38
8/14/2017Benjamin M SmithDirectorSell50C$22.92C$1,146.00
8/11/2017Arielle Meloul-WechslerInsiderSell2,021C$21.50C$43,451.50
8/10/2017Yves DufresneInsiderSell1,677C$22.15C$37,145.55
8/8/2017Kevin C HowlettInsiderSell30,769C$22.00C$676,918.00
8/3/2017Calin RovinescuDirectorSell925,481C$20.72C$19,175,966.32
8/3/2017Michael Stewart RousseauInsiderSell40,000C$21.20C$848,000.00
6/9/2017Michael Stewart RousseauInsiderSell34,992C$18.00C$629,856.00
6/8/2017Michael Stewart RousseauInsiderSell52,000C$18.04C$938,080.00
6/6/2017Arielle Meloul-WechslerInsiderSell7,064C$17.62C$124,467.68
6/5/2017Craig LandryInsiderSell12,989C$17.76C$230,684.64
5/30/2017James Anthony TaborInsiderSell2,037C$17.95C$36,564.15
5/25/2017Marcel ForgetInsiderSell5,000C$17.36C$86,800.00
5/24/2017Pierre HouleInsiderSell978C$17.28C$16,899.84
5/15/2017Mark GalardoInsiderSell618C$16.26C$10,048.68
3/16/2017Lise FournelInsiderSell4,000C$13.72C$54,880.00
3/15/2017Lise FournelInsiderSell10,000C$13.29C$132,900.00
3/14/2017Pierre HouleInsiderSell560C$13.30C$7,448.00
3/2/2017Mark GalardoInsiderSell467C$14.00C$6,538.00
2/23/2017Chris IsfordInsiderSell20,273C$13.69C$277,537.37
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Air Canada (TSE:AC)
Latest Headlines for Air Canada (TSE:AC)
Source:
DateHeadline
fool.ca logoAir Canada Soars ~11% in a Day: Can it Fly Even Higher? | The ... - The Motley Fool Canada
www.fool.ca - September 23 at 3:34 PM
baystreet.ca logoShares of Air Canada Rise As It Vows To Challenge Low-Cost Competitors - Baystreet.ca
www.baystreet.ca - September 20 at 3:18 PM
americanbankingnews.com logoRoyal Bank Of Canada Boosts Air Canada (AC) Price Target to C$31.00
www.americanbankingnews.com - September 20 at 3:16 PM
americanbankingnews.com logoAir Canada (AC) Rating Increased to Outperform at Cowen and Company
www.americanbankingnews.com - September 20 at 3:16 PM
americanbankingnews.com logoAir Canada (AC) PT Raised to C$28.50 at Scotiabank
www.americanbankingnews.com - September 20 at 3:16 PM
americanbankingnews.com logoAir Canada's (AC) "Outperform" Rating Reaffirmed at BMO Capital Markets
www.americanbankingnews.com - September 20 at 3:16 PM
americanbankingnews.com logoAir Canada (AC) Given New C$31.00 Price Target at Canaccord Genuity
www.americanbankingnews.com - September 20 at 3:16 PM
nasdaq.com logoUpdate: TSX Adds 56 Points in Broad-Based Advance Paced by Telecoms - Nasdaq
www.nasdaq.com - September 20 at 1:24 AM
msn.com logoAir Canada seeks credit card partners to boost loyalty program
www.msn.com - September 19 at 8:24 PM
thestreet.com logoAir Canada And AAR Conclude $500M CAD Agreement For Airframe Maintenance In Quebec, Canada
www.thestreet.com - September 19 at 8:24 PM
nasdaq.com logoBay Street In Chipper Mood These Days -- Canadian Commentary - Nasdaq
www.nasdaq.com - September 19 at 3:23 PM
finance.yahoo.com logoAir Canada Establishes New Targets for 2018-2020 and Provides Update on its Loyalty Business
finance.yahoo.com - September 19 at 3:23 PM
finance.yahoo.com logoAir Canada Seeks Bank Partner for $1.6 Billion Loyalty Plan
finance.yahoo.com - September 19 at 3:23 PM
finance.yahoo.com logoCANADA STOCKS-TSX hits six-week high as energy, financials drive gains
finance.yahoo.com - September 19 at 3:23 PM
finance.yahoo.com logoAir Canada and AAR Conclude $500M CAD Agreement for Airframe Maintenance in Québec, Canada
finance.yahoo.com - September 19 at 3:23 PM
finance.yahoo.com logoAir Canada Provides Humanitarian Relief of Essential Supplies to Regions Affected by Hurricane Irma
finance.yahoo.com - September 18 at 8:35 PM
americanbankingnews.com logoQ3 2017 EPS Estimates for Air Canada (AC) Lifted by Analyst
www.americanbankingnews.com - September 18 at 1:26 AM
americanbankingnews.com logoAir Canada (AC) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - September 16 at 12:40 PM
finance.yahoo.com logoAir Canada Announces New Appointment to its Board of Directors
finance.yahoo.com - September 15 at 3:29 PM
fool.ca logoInvesting for Beginners: Tips for Navigating High-Flying Airline Stocks - The Motley Fool Canada
www.fool.ca - September 14 at 3:20 PM
finance.yahoo.com logoDoes Air Canada’s (TSX:AC) PE Ratio Warrant A Buy?
finance.yahoo.com - September 14 at 3:20 PM
finance.yahoo.com logoAir Canada Announces Appointment of Catherine Dyer as Chief Information Officer
finance.yahoo.com - September 14 at 3:20 PM
nytimes.com logoIn Europe and Canada, New Looks for Classic Hotels
www.nytimes.com - September 14 at 1:33 AM
finance.yahoo.com logoAir Canada Provides Further Details on Amendments to Long-Term Collective Agreement with Pilots
finance.yahoo.com - September 13 at 8:31 PM
nasdaq.com logoCanadian Stocks Are Extending Yesterday's Gains - Canadian Commentary - Nasdaq
www.nasdaq.com - September 12 at 3:24 PM
fool.ca logoHow the Surging Loonie Can Make You Rich - The Motley Fool Canada
www.fool.ca - September 12 at 3:24 PM
fool.ca logoIs the Canadian Dollar Heading to Parity With US Currency Again? - The Motley Fool Canada
www.fool.ca - September 11 at 8:58 PM
finance.yahoo.com logoWhat's That Silver Plane in the Air? Air Canada's Lockheed 10-A Takes to the Skies to Mark the Airline's 80th Anniversary
finance.yahoo.com - September 9 at 3:18 PM
finance.yahoo.com logoAir Canada Operating 24 Extra Flights for Customers Impacted by Hurricane Irma
finance.yahoo.com - September 7 at 1:23 AM
marketwatch.com logoJinkoSolar Partners with Enphase Energy to Create Plug and Play AC Module
www.marketwatch.com - September 5 at 3:31 PM
msn.com logoOntario mother wants answers from Air Canada after daughter left unaccompanied on flight from U.S.
www.msn.com - September 1 at 1:28 AM
reuters.com logoToronto's AC Centre to be renamed Scotiabank Arena in C$800 million deal - Reuters
www.reuters.com - August 30 at 3:22 PM
msn.com logoFrosty Air Canada flight leaves passenger steaming: Roseman
www.msn.com - August 30 at 1:57 AM
finance.yahoo.com logoETFs with exposure to Air Canada : August 28, 2017
finance.yahoo.com - August 28 at 8:34 PM
theglobeandmail.com logoAir Canada as a long-term investment? Believe it - The Globe and Mail
www.theglobeandmail.com - August 25 at 4:58 PM
americanbankingnews.com logoLucie Guillemette Sells 1,941 Shares of Air Canada (AC) Stock
www.americanbankingnews.com - August 25 at 4:32 PM
finance.yahoo.com logoFAA To Airlines: San Francisco Near-Disaster Is Teaching Moment
finance.yahoo.com - August 23 at 3:21 PM
baystreet.ca logoDespite Rising Nearly 70%, Air Canada Remains a Strong Buy
www.baystreet.ca - August 22 at 8:38 PM
baystreet.ca logoDespite Rising Nearly 70%, Air Canada Remains a Strong Buy - Baystreet.ca
www.baystreet.ca - August 22 at 3:38 PM
americanbankingnews.com logoAir Canada (AC) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - August 22 at 12:50 PM
finance.yahoo.com logoETFs with exposure to Air Canada : August 16, 2017
finance.yahoo.com - August 16 at 8:26 PM
finance.yahoo.com logo[$$] Why Savvy U.S. Fliers Take Air Canada
finance.yahoo.com - August 16 at 3:22 PM
americanbankingnews.com logoInsider Selling: Air Canada (TSE:AC) Insider Sells 2,021 Shares of Stock
www.americanbankingnews.com - August 14 at 11:46 PM
americanbankingnews.com logoYves Dufresne Sells 1,677 Shares of Air Canada (TSE:AC) Stock
www.americanbankingnews.com - August 14 at 11:46 PM
fool.ca logoAre Turbulent Times Ahead for Air Canada? - The Motley Fool Canada
www.fool.ca - August 14 at 3:29 PM
baystreet.ca logoWhy Air Canada Remains a Value Play Despite the Recent Run Up - Baystreet.ca
www.baystreet.ca - August 11 at 8:45 PM
fool.ca logoAir Canada: Growing Free Cash Flow Is Transforming the Airline Business - The Motley Fool Canada
www.fool.ca - August 10 at 4:52 PM
americanbankingnews.com logoKevin C. Howlett Sells 30,769 Shares of Air Canada (AC) Stock
www.americanbankingnews.com - August 8 at 7:44 PM
americanbankingnews.com logoAir Canada (TSE:AC) Director Calin Rovinescu Sells 925,481 Shares
www.americanbankingnews.com - August 4 at 7:36 PM
finance.yahoo.com logoAir Canada Silence Deletes Critical Data In San Francisco Near Disaster
finance.yahoo.com - August 4 at 3:27 PM

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Chart

Air Canada (AC) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by MarketBeat.com Staff