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:
  • Market Cap: C$6.1 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
  • Trailing P/E Ratio: 7.36
  • 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: 5.09
  • EBIDTA: C$2.1 billion
  • Net Margins: -1.02%
  • Return on Equity: -13.84%
  • Return on Assets: -0.96%
  • 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) announced its quarterly earnings results on Thursday, August, 7th. The company reported $0.47 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.46 by $0.01. The firm earned $3.31 billion during the quarter, compared to analysts' expectations 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?

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?

11 analysts have issued twelve-month price objectives for Air Canada's stock. Their forecasts range from C$15.00 to C$34.00. On average, they anticipate Air Canada's stock 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?

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$22.45.

MarketBeat Community Rating for Air Canada (TSE AC)
Community Ranking:  3.0 out of 5 (  )
Outperform Votes:  222 (Vote Outperform)
Underperform Votes:  152 (Vote Underperform)
Total Votes:  374
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, 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)
DateFirmActionRatingPrice TargetDetails
8/2/2017Canaccord GenuityBoost Price TargetBuyC$23.00 -> C$27.00View Rating Details
8/2/2017BMO Capital MarketsReiterated RatingOutperformC$28.00View Rating Details
8/2/2017TD SecuritiesBoost Price TargetAction List BuyC$25.00 -> C$34.00View Rating Details
8/2/2017Royal Bank Of CanadaBoost Price TargetTop PickC$25.00 -> C$26.00View Rating Details
8/2/2017ScotiabankBoost Price TargetSector PerformC$20.50 -> C$27.00View 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
2/18/2016Cowen and CompanyLower Price TargetC$18.00 -> C$9.50View 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 8/20/2015 forward)


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
8/7/2014$0.46$0.47$3.32 billion$3.31 billionViewN/AView Earnings Details
(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
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$3.28$3.08
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$3.57$3.57$3.57
Q4 20181$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

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
8/14/2017Benjamin 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)


Headline Trends for Air Canada (TSE:AC)
Latest Headlines for Air Canada (TSE:AC)
DateHeadline logoETFs with exposure to Air Canada : August 16, 2017 - August 16 at 8:26 PM logo[$$] Why Savvy U.S. Fliers Take Air Canada - August 16 at 3:22 PM logoInsider Selling: Air Canada (TSE:AC) Insider Sells 2,021 Shares of Stock - August 14 at 11:46 PM logoYves Dufresne Sells 1,677 Shares of Air Canada (TSE:AC) Stock - August 14 at 11:46 PM logoAre Turbulent Times Ahead for Air Canada? - The Motley Fool Canada - August 14 at 3:29 PM logoWhy Air Canada Remains a Value Play Despite the Recent Run Up - - August 11 at 8:45 PM logoAir Canada: Growing Free Cash Flow Is Transforming the Airline Business - The Motley Fool Canada - August 10 at 4:52 PM logoKevin C. Howlett Sells 30,769 Shares of Air Canada (AC) Stock - August 8 at 7:44 PM logoAir Canada (TSE:AC) Director Calin Rovinescu Sells 925,481 Shares - August 4 at 7:36 PM logoAir Canada Silence Deletes Critical Data In San Francisco Near Disaster - August 4 at 3:27 PM logoAir Canada :AC-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 4, 2017 - August 4 at 3:27 PM logoFY2017 EPS Estimates for Air Canada Lifted by Analyst (AC) - August 4 at 10:26 AM logoFY2017 EPS Estimates for Air Canada (TSE:AC) Increased by Analyst - August 4 at 10:26 AM logoResearch Analysts Set Expectations for Air Canada's Q3 2017 Earnings (TSE:AC) - August 4 at 7:02 AM logoNew data, photos show how close Air Canada jet came to crashing at San Francisco airport - August 3 at 8:47 PM logoMichael Stewart Rousseau Sells 40,000 Shares of Air Canada (AC) Stock - August 3 at 7:52 PM logoQ3 2017 EPS Estimates for Air Canada (AC) Lifted by Cormark - August 3 at 7:40 AM logo[$$] NTSB Says Air Canada Jet Flew Near Planes at San Francisco Airport - August 2 at 8:21 PM logoCANADA STOCKS-Futures gain as investors await corporate earnings - August 2 at 3:20 PM logoAir Canada, WestJet shares soar on boom in air travel - The Globe and Mail - August 2 at 1:42 AM logoEdited Transcript of AC.TO earnings conference call or presentation 1-Aug-17 1:00pm GMT - August 2 at 1:42 AM logoCANADA STOCKS-TSX down as energy losses offset surges in Shopify, airlines - Nasdaq - August 1 at 3:38 PM logoAir Canada, WestJet beat earnings estimates; shares surge - Nasdaq - August 1 at 3:38 PM logoCANADA STOCKS-Futures rise with earnings in focus - August 1 at 3:38 PM logoAir Canada Jumps as Higher Profit Forecast Delivers New Jolt - August 1 at 3:38 PM logoUPDATE 1-Canada's WestJet Airlines smashes profit estimates - August 1 at 3:38 PM logoCANADA STOCKS-TSX down as energy losses offset surges in Shopify, airlines - August 1 at 3:38 PM logoAir Canada, WestJet beat earnings estimates; shares surge - August 1 at 3:38 PM logoNorth America’s Best Airline Stock Is Also the Cheapest - August 1 at 3:38 PM logoDelta to stop weekly Atlanta-Caracas flights in September - Reuters - July 29 at 8:18 PM logoCanadian Stocks Are Falling Despite GDP Data - Canadian Commentary - July 28 at 3:37 PM logoAir Canada (AC) Given Consensus Recommendation of "Buy" by Brokerages - July 28 at 12:55 PM logoColombia's Avianca to suspend Venezuela flights amid security, other limits - Nasdaq - July 27 at 9:50 PM logoColombia's Avianca to suspend Venezuela flights amid security, other limits - July 27 at 3:37 PM logoCanadian Stocks Are Rising Along With Commodities - Canadian Commentary - July 27 at 1:23 AM logoAvianca suspends flights to Venezuela due to operational, security issues - Nasdaq - July 26 at 3:19 PM logoAir Canada Adds Vancouver-Yellowknife Flights for Winter 2017 - July 26 at 3:19 PM logoCanadian Stocks Are Rising Along With Commodities - Canadian ... - Nasdaq - July 25 at 3:19 PM logoAir Canada (AC) to Release Earnings on Tuesday - July 25 at 7:04 AM logo[$$] Air Canada Pilots Reportedly Weren't Using Normal Navigation Aids in Close Call at San Francisco - July 21 at 4:39 PM logoAir Canada Announces Canada's Next Great Cocktail - July 18 at 3:36 PM logoMedia Advisory - Air Canada to Present Second Quarter 2017 Results - July 18 at 3:36 PM logoLondon Gatwick airport runway briefly closed after Air Canada plane's tyre burst - Nasdaq - July 17 at 3:36 PM logoAir Canada: How Fast and How Far Can You Run? - The Motley Fool Canada - July 11 at 4:26 PM logoAir Canada Foundation Raises More Than $1,100,000 Net to Help Canadian Children's Charities - July 11 at 4:26 PM logoBeacon Securities Comments on Air Canada's FY2017 Earnings (AC) - July 11 at 10:07 AM logoWho Benefits From Falling Oil Prices? - The Motley Fool Canada - July 10 at 3:26 PM logoAir Canada (TSE:AC) Given New C$20.50 Price Target at Scotiabank - July 10 at 3:04 PM logoQ3 2018 EPS Estimates for Air Canada Increased by Cormark (TSE:AC) - July 10 at 8:16 AM logoCanaccord Genuity Increases Air Canada (TSE:AC) Price Target to C$23.00 - July 7 at 1:52 PM



Air Canada (AC) Chart for Sunday, August, 20, 2017

This page was last updated on 8/20/2017 by Staff