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$5.14 billion
- Outstanding Shares: 271,044,000
Average Prices:- 50 Day Moving Avg: C$18.45
- 200 Day Moving Avg: C$15.22
- 52 Week Range: C$8.66 - C$20.93
P/E:- Trailing P/E Ratio: 7.18
- P/E Growth: 0.54
Sales & Book Value:- Annual Revenue: C$14.98 billion
- Price / Sales: 0.34
- Book Value: C$3.41 per share
- Price / Book: 5.56
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 quarterly earnings data 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 company earned $3.31 billion during the quarter, compared to analyst estimates 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 12-month target prices for Air Canada's shares. Their predictions range from C$15.00 to C$25.00. On average, they expect 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 ONEX (ONEX), IGM Financial (IGM), First Quantum Minerals Limited (FM), Emera (EMA), Metro (MRU), Inter Pipeline Ltd (IPL), Gildan Activewear (GIL), Snc-Lavalin Group (SNC), Cenovus Energy (CVE), Turquoise Hill Resources Ltd (TRQ), Seven Generations Energy Ltd (VII), Valeant Pharmaceuticals Intl (VRX), Tourmaline Oil Corp (TOU), Keyera Corp (KEY), PrairieSky Royalty Ltd (PSK), CI Financial Corp (CIX), Kinross Gold (K) and BlackBerry Ltd (BB).
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$18.97.
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 7/27/2015 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)
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Air Canada (AC) Chart for Thursday, July, 27, 2017
