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$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?

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 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?

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)
Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  222 (Vote Outperform)
Underperform Votes:  153 (Vote Underperform)
Total Votes:  375
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)
Show:
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 8/21/2015 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
8/7/2014$0.46$0.47$3.32 billion$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: $2.81
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)

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
8/14/2017Benjamin 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
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
finance.yahoo.com logoAir Canada :AC-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 4, 2017
finance.yahoo.com - August 4 at 3:27 PM
americanbankingnews.com logoFY2017 EPS Estimates for Air Canada Lifted by Analyst (AC)
www.americanbankingnews.com - August 4 at 10:26 AM
americanbankingnews.com logoFY2017 EPS Estimates for Air Canada (TSE:AC) Increased by Analyst
www.americanbankingnews.com - August 4 at 10:26 AM
americanbankingnews.com logoResearch Analysts Set Expectations for Air Canada's Q3 2017 Earnings (TSE:AC)
www.americanbankingnews.com - August 4 at 7:02 AM
msn.com logoNew data, photos show how close Air Canada jet came to crashing at San Francisco airport
www.msn.com - August 3 at 8:47 PM
americanbankingnews.com logoMichael Stewart Rousseau Sells 40,000 Shares of Air Canada (AC) Stock
www.americanbankingnews.com - August 3 at 7:52 PM
americanbankingnews.com logoQ3 2017 EPS Estimates for Air Canada (AC) Lifted by Cormark
www.americanbankingnews.com - August 3 at 7:40 AM
finance.yahoo.com logo[$$] NTSB Says Air Canada Jet Flew Near Planes at San Francisco Airport
finance.yahoo.com - August 2 at 8:21 PM
finance.yahoo.com logoCANADA STOCKS-Futures gain as investors await corporate earnings
finance.yahoo.com - August 2 at 3:20 PM
theglobeandmail.com logoAir Canada, WestJet shares soar on boom in air travel - The Globe and Mail
www.theglobeandmail.com - August 2 at 1:42 AM
finance.yahoo.com logoEdited Transcript of AC.TO earnings conference call or presentation 1-Aug-17 1:00pm GMT
finance.yahoo.com - August 2 at 1:42 AM
nasdaq.com logoCANADA STOCKS-TSX down as energy losses offset surges in Shopify, airlines - Nasdaq
www.nasdaq.com - August 1 at 3:38 PM
nasdaq.com logoAir Canada, WestJet beat earnings estimates; shares surge - Nasdaq
www.nasdaq.com - August 1 at 3:38 PM
finance.yahoo.com logoCANADA STOCKS-Futures rise with earnings in focus
finance.yahoo.com - August 1 at 3:38 PM
finance.yahoo.com logoAir Canada Jumps as Higher Profit Forecast Delivers New Jolt
finance.yahoo.com - August 1 at 3:38 PM
finance.yahoo.com logoUPDATE 1-Canada's WestJet Airlines smashes profit estimates
finance.yahoo.com - August 1 at 3:38 PM
finance.yahoo.com logoCANADA STOCKS-TSX down as energy losses offset surges in Shopify, airlines
finance.yahoo.com - August 1 at 3:38 PM
finance.yahoo.com logoAir Canada, WestJet beat earnings estimates; shares surge
finance.yahoo.com - August 1 at 3:38 PM
finance.yahoo.com logoNorth America’s Best Airline Stock Is Also the Cheapest
finance.yahoo.com - August 1 at 3:38 PM
reuters.com logoDelta to stop weekly Atlanta-Caracas flights in September - Reuters
www.reuters.com - July 29 at 8:18 PM
rttnews.com logoCanadian Stocks Are Falling Despite GDP Data - Canadian Commentary
www.rttnews.com - July 28 at 3:37 PM
americanbankingnews.com logoAir Canada (AC) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - July 28 at 12:55 PM
nasdaq.com logoColombia's Avianca to suspend Venezuela flights amid security, other limits - Nasdaq
www.nasdaq.com - July 27 at 9:50 PM
finance.yahoo.com logoColombia's Avianca to suspend Venezuela flights amid security, other limits
finance.yahoo.com - July 27 at 3:37 PM
rttnews.com logoCanadian Stocks Are Rising Along With Commodities - Canadian Commentary
www.rttnews.com - July 27 at 1:23 AM
nasdaq.com logoAvianca suspends flights to Venezuela due to operational, security issues - Nasdaq
www.nasdaq.com - July 26 at 3:19 PM
finance.yahoo.com logoAir Canada Adds Vancouver-Yellowknife Flights for Winter 2017
finance.yahoo.com - July 26 at 3:19 PM
nasdaq.com logoCanadian Stocks Are Rising Along With Commodities - Canadian ... - Nasdaq
www.nasdaq.com - July 25 at 3:19 PM
americanbankingnews.com logoAir Canada (AC) to Release Earnings on Tuesday
www.americanbankingnews.com - July 25 at 7:04 AM
finance.yahoo.com logo[$$] 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
finance.yahoo.com logoAir Canada Announces Canada's Next Great Cocktail
finance.yahoo.com - July 18 at 3:36 PM
finance.yahoo.com logoMedia Advisory - Air Canada to Present Second Quarter 2017 Results
finance.yahoo.com - July 18 at 3:36 PM
nasdaq.com logoLondon Gatwick airport runway briefly closed after Air Canada plane's tyre burst - Nasdaq
www.nasdaq.com - July 17 at 3:36 PM
fool.ca logoAir Canada: How Fast and How Far Can You Run? - The Motley Fool Canada
www.fool.ca - July 11 at 4:26 PM
finance.yahoo.com logoAir Canada Foundation Raises More Than $1,100,000 Net to Help Canadian Children's Charities
finance.yahoo.com - July 11 at 4:26 PM
americanbankingnews.com logoBeacon Securities Comments on Air Canada's FY2017 Earnings (AC)
www.americanbankingnews.com - July 11 at 10:07 AM
fool.ca logoWho Benefits From Falling Oil Prices? - The Motley Fool Canada
www.fool.ca - July 10 at 3:26 PM
americanbankingnews.com logoAir Canada (TSE:AC) Given New C$20.50 Price Target at Scotiabank
www.americanbankingnews.com - July 10 at 3:04 PM
americanbankingnews.com logoQ3 2018 EPS Estimates for Air Canada Increased by Cormark (TSE:AC)
www.americanbankingnews.com - July 10 at 8:16 AM
americanbankingnews.com logoCanaccord Genuity Increases Air Canada (TSE:AC) Price Target to C$23.00
www.americanbankingnews.com - July 7 at 1:52 PM

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Chart

Air Canada (AC) Chart for Monday, August, 21, 2017

This page was last updated on 8/21/2017 by MarketBeat.com Staff