Air Canada is a domestic, United States transborder and international airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States transborder market and in the international market to and from Canada. Its mainline operates a fleet of approximately 170 aircraft, including Airbus narrow-body aircraft, over 70 Boeing and Airbus wide-body aircraft, and approximately Embraer 190 regional jets. Air Canada rouge operates a fleet of approximately 50 aircraft comprising over 20 Airbus A319 aircraft, five Airbus A321 aircraft and approximately 20 Boeing 767-300 aircraft. Through the 28-member airline network, it offers flights to approximately 1,300 destinations in over 190 countries. Air Canada Altitude recognizes and rewards Aeroplan loyalty program members with a range of travel privileges and benefits corresponding to their travel activity, such as priority check-in, complimentary checked baggage and upgrades to business class.
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$5.17 billion
- Outstanding Shares: 271,044,000
Average Prices:- 50 Day Moving Avg: C$18.30
- 200 Day Moving Avg: C$15.07
- 52 Week Range: C$8.66 - C$20.93
P/E:- Trailing P/E Ratio: 7.22
- P/E Growth: 0.56
Sales & Book Value:- Annual Revenue: C$14.98 billion
- Price / Sales: 0.34
- Book Value: C$3.41 per share
- Price / Book: 5.59
Profitability:- EBIDTA: C$2.05 billion
- Net Margins: -1.02%
- Return on Equity: -13.84%
- Return on Assets: -0.96%
Misc:- Average Volume: 1.40 million shs.
- Short Ratio: 18.43
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, topping the Zacks' consensus estimate of $0.46 by $0.01. The company earned $3.31 billion during the quarter, compared to the consensus estimate of $3.32 billion. Air Canada had a negative return on equity of 13.84% and a negative net margin of 1.02%. 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 target prices for Air Canada's shares. Their forecasts range from C$15.00 to C$25.00. On average, they anticipate Air Canada's stock price to reach C$21.44 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 Emera (EMA), IGM Financial (IGM), Metro (MRU), Inter Pipeline Ltd (IPL), First Quantum Minerals Limited (FM), Gildan Activewear (GIL), Snc-Lavalin Group (SNC), Cenovus Energy (CVE), Valeant Pharmaceuticals Intl (VRX), Seven Generations Energy Ltd (VII), Keyera Corp (KEY), CI Financial Corp (CIX), Tourmaline Oil Corp (TOU), Turquoise Hill Resources Ltd (TRQ), PrairieSky Royalty Ltd (PSK), BlackBerry Ltd (BB), Kinross Gold (K) and ARC Resources Ltd (ARX).
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$19.06.
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$21.44 |
Analysts' Ratings History for Air Canada (TSE:AC)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 7/17/2017 | Macquarie | Boost Price Target | Outperform -> Neutral | C$18.00 -> C$22.50 |  |
| 7/10/2017 | Scotiabank | Boost Price Target | Sector Perform | C$16.25 -> C$20.50 | |
| 7/7/2017 | Canaccord Genuity | Boost Price Target | Buy | C$21.00 -> C$23.00 | |
| 7/7/2017 | CIBC | Boost Price Target | | C$20.50 -> C$23.00 | |
| 7/7/2017 | Royal Bank Of Canada | Boost Price Target | Top Pick | C$21.00 -> C$25.00 | |
| 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 | |
| 5/12/2017 | BMO Capital Markets | Reiterated Rating | Outperform | C$20.00 | |
| 5/9/2017 | TD Securities | Boost Price Target | Action List Buy | C$21.00 -> C$24.00 | |
| 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 7/24/2015 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 |
|---|
| 8/1/2017 | | $0.30 | | | | | 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: $2.13
2018 EPS Consensus Estimate: $2.74
| 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 | 1 | $2.73 | $2.73 | $2.73 |
| Q4 2017 | 1 | ($0.16) | ($0.16) | ($0.16) |
| Q1 2018 | 1 | ($0.30) | ($0.30) | ($0.30) |
| Q2 2018 | 1 | $0.01 | $0.01 | $0.01 |
| Q3 2018 | 1 | $3.08 | $3.08 | $3.08 |
| Q4 2018 | 1 | ($0.05) | ($0.05) | ($0.05) |
(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 |
|---|
| 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 |
|---|
 | [$$] 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) PT Raised to C$23.00 at CIBC
www.americanbankingnews.com - July 7 at 1:52 PM |
| Air Canada (AC) Price Target Increased to C$25.00 by Analysts at Royal Bank Of Canada
www.americanbankingnews.com - July 7 at 11:24 AM |
 | Air Canada shares hit 10-year high
www.msn.com - July 6 at 9:46 PM |
 | Air Canada at 52-Week High
www.baystreet.ca - July 6 at 9:46 PM |
| CANADA STOCKS-TSX falls as Tahoe plunges, housing data weighs on banks
finance.yahoo.com - July 6 at 9:46 PM |
| Will WestJet Airlines Ltd. Outperform or Lag its Peers Long Term? - The Motley Fool Canada
www.fool.ca - July 4 at 3:39 PM |
| Air Canada (TSE:AC) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - July 3 at 12:41 PM |
| FY2017 EPS Estimates for Air Canada Boosted by National Bank Financial (AC)
www.americanbankingnews.com - July 3 at 7:59 AM |
| Air Canada Rouge Celebrates Fourth Birthday
finance.yahoo.com - July 1 at 3:20 PM |
| Canadian Stocks Are Falling After GDP Meets Expectations - Canadian Commentary - Nasdaq
www.nasdaq.com - June 30 at 3:32 PM |
| Analysts Set Expectations for Air Canada's Q2 2017 Earnings (AC)
www.americanbankingnews.com - June 30 at 8:43 AM |
| National Bank Financial Raises Air Canada (AC) Price Target to C$20.00
www.americanbankingnews.com - June 29 at 11:44 PM |
| Canadian Stocks Are Losing Ground On Broad Weakness - Canadian Commentary - Nasdaq
www.nasdaq.com - June 29 at 3:30 PM |
| CANADA STOCKS-TSX futures rise as oil prices hit two-week high - Nasdaq
www.nasdaq.com - June 29 at 3:30 PM |
| Today's Research Reports on Air Canada, Dollarama, BlackBerry and Canadian National Railway Company
finance.yahoo.com - June 28 at 3:40 PM |
| Air Canada Hopes to Resuscitate Cross-Border Venture With United
finance.yahoo.com - June 27 at 8:23 PM |
| Air Canada Named one of the 50 Most Engaged Workplaces in North America for Second Consecutive Year
finance.yahoo.com - June 27 at 3:21 PM |
| Connecticut Development Authority -- Moody's Affirms Bombardier's ratings; outlook stable
finance.yahoo.com - June 22 at 6:08 PM |
 | Air Canada beats US competitors for coveted award
www.bizjournals.com - June 22 at 1:08 PM |
| Air Canada Launches Cool New Summer Destination: Iceland
finance.yahoo.com - June 21 at 3:38 PM |
| Air Canada (AC) PT Raised to C$20.50
www.americanbankingnews.com - June 20 at 12:28 PM |
| Air Canada inaugurates Daily Montreal-Washington Dulles (IAD) Flights
finance.yahoo.com - June 19 at 3:17 PM |
| Bombardier not expected to announce CSeries orders in Paris -source
finance.yahoo.com - June 14 at 3:16 PM |
| Air Canada (AC) PT Raised to C$21.00
www.americanbankingnews.com - June 14 at 2:20 PM |
| Air Canada Offers Summer #TravelTips
finance.yahoo.com - June 13 at 8:19 AM |
| Air Canada (AC) Insider Sells C$629,856.00 in Stock
www.americanbankingnews.com - June 9 at 7:58 PM |
| Air Canada (AC) Insider Michael Stewart Rousseau Sells 52,000 Shares
www.americanbankingnews.com - June 9 at 7:32 PM |
| Air Canada Inaugurates Montreal to Marseille Service
finance.yahoo.com - June 9 at 3:20 PM |
 | Canadian Stocks Have Inched Into Positive Territory - Canadian Commentary
www.rttnews.com - June 8 at 8:22 PM |
| Air Canada plane makes emergency landing without injuries in Seattle
www.nasdaq.com - June 8 at 8:22 PM |
| Air Canada plane makes emergency landing at Seattle airport - Nasdaq
www.nasdaq.com - June 8 at 3:20 PM |
 | Sell Air Canada - Is This Its Biggest Mistake? - Seeking Alpha
seekingalpha.com - June 8 at 3:20 PM |
| Air Canada plane makes emergency landing at Seattle airport
finance.yahoo.com - June 8 at 3:20 PM |
| Air Canada (AC) Insider Sells C$124,467.68 in Stock
www.americanbankingnews.com - June 7 at 1:26 PM |
| Air Canada (AC) Insider Craig Landry Sells 12,989 Shares
www.americanbankingnews.com - June 7 at 10:20 AM |
| How Trump privatizing air-traffic control will affect your airfare
finance.yahoo.com - June 6 at 3:22 PM |
| Air Canada (AC) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - June 6 at 12:52 PM |
| Canadian Stocks Are Recovering On Gold Strength - Canadian Commentary
www.nasdaq.com - June 6 at 10:59 AM |
 | Pro-Trader Daily: Research Initiated on Industrials Stocks: Air Canada, WestJet Airlines, Chorus Aviation, and Exchange Income
www.finanznachrichten.de - June 6 at 10:59 AM |
Air Canada (AC) Chart for Monday, July, 24, 2017
