Air 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?
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?
Some companies that are related to Air Canada include Fairfax Financial Holdings Ltd (FFH), Power Co. of Canada (POW), Constellation Software (CSU), Goldcorp (G), George Weston Limited (WN), Encana Corp (ECA), Hydro One Ltd (H), Agnico Eagle Mines Ltd (AEM), Intact Financial (IFC), Wheaton Precious Metals Corp (WPM), Canadian Utilities Limited (CU), IGM Financial (IGM), ONEX (ONEX), Emera (EMA), Snc-Lavalin Group (SNC), First Quantum Minerals Limited (FM), Metro (MRU) and Inter Pipeline Ltd (IPL).
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)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, 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:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 9/20/2017 | Scotiabank | Boost Price Target | Sector Perform | C$27.00 -> C$28.50 |  |
| 9/20/2017 | Royal Bank Of Canada | Boost Price Target | Top Pick | C$26.00 -> C$31.00 | |
| 9/20/2017 | Cowen and Company | Upgrade | Market Perform -> Outperform | C$23.00 -> C$40.00 | |
| 9/20/2017 | Canaccord Genuity | Boost Price Target | Buy | C$27.00 -> C$31.00 | |
| 9/20/2017 | BMO Capital Markets | Reiterated Rating | Outperform | C$34.00 | |
| 8/2/2017 | TD Securities | Boost Price Target | Action List Buy | C$25.00 -> C$34.00 | |
| 8/2/2017 | CIBC | Boost Price Target | | C$23.00 -> C$27.00 | |
| 7/17/2017 | Macquarie | Boost Price Target | Outperform -> Neutral | C$18.00 -> C$22.50 | |
| 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 | |
| 9/29/2016 | CSFB | Reiterated Rating | Outperform | | |
| 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 9/24/2015 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 |
|---|
| 10/25/2017 | | | | | | | N/A | |
| 8/7/2014 | | C$0.46 | C$0.47 | C$3.32 billion | C$3.31 billion | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Air Canada (TSE:AC)2017 EPS Consensus Estimate: $2.90
2018 EPS Consensus Estimate: $4.71
| 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 | 2 | $2.87 | $3.46 | $3.17 |
| Q4 2017 | 1 | $0.18 | $0.18 | $0.18 |
| Q1 2018 | 1 | ($0.01) | ($0.01) | ($0.01) |
| Q2 2018 | 1 | $0.97 | $0.97 | $0.97 |
| Q3 2018 | 1 | $3.73 | $3.73 | $3.73 |
| Q4 2018 | 1 | $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 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 |
|---|
| 8/24/2017 | Lucie Guillemette | Insider | Sell | 1,941 | C$23.18 | C$44,992.38 | |
| 8/14/2017 | Benjamin M Smith | Director | Sell | 50 | C$22.92 | C$1,146.00 | |
| 8/11/2017 | Arielle Meloul-Wechsler | Insider | Sell | 2,021 | C$21.50 | C$43,451.50 | |
| 8/10/2017 | Yves Dufresne | Insider | Sell | 1,677 | C$22.15 | C$37,145.55 | |
| 8/8/2017 | Kevin C Howlett | Insider | Sell | 30,769 | C$22.00 | C$676,918.00 | |
| 8/3/2017 | Calin Rovinescu | Director | Sell | 925,481 | C$20.72 | C$19,175,966.32 | |
| 8/3/2017 | Michael Stewart Rousseau | Insider | Sell | 40,000 | C$21.20 | C$848,000.00 | |
| 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 Soars ~11% in a Day: Can it Fly Even Higher? | The ... - The Motley Fool Canada
www.fool.ca - September 23 at 3:34 PM |
 | Shares of Air Canada Rise As It Vows To Challenge Low-Cost Competitors - Baystreet.ca
www.baystreet.ca - September 20 at 3:18 PM |
 | Royal Bank Of Canada Boosts Air Canada (AC) Price Target to C$31.00
www.americanbankingnews.com - September 20 at 3:16 PM |
| Air Canada (AC) Rating Increased to Outperform at Cowen and Company
www.americanbankingnews.com - September 20 at 3:16 PM |
| Air Canada (AC) PT Raised to C$28.50 at Scotiabank
www.americanbankingnews.com - September 20 at 3:16 PM |
| Air Canada's (AC) "Outperform" Rating Reaffirmed at BMO Capital Markets
www.americanbankingnews.com - September 20 at 3:16 PM |
| Air Canada (AC) Given New C$31.00 Price Target at Canaccord Genuity
www.americanbankingnews.com - September 20 at 3:16 PM |
 | Update: TSX Adds 56 Points in Broad-Based Advance Paced by Telecoms - Nasdaq
www.nasdaq.com - September 20 at 1:24 AM |
 | Air Canada seeks credit card partners to boost loyalty program
www.msn.com - September 19 at 8:24 PM |
 | Air Canada And AAR Conclude $500M CAD Agreement For Airframe Maintenance In Quebec, Canada
www.thestreet.com - September 19 at 8:24 PM |
| Bay Street In Chipper Mood These Days -- Canadian Commentary - Nasdaq
www.nasdaq.com - September 19 at 3:23 PM |
 | Air Canada Establishes New Targets for 2018-2020 and Provides Update on its Loyalty Business
finance.yahoo.com - September 19 at 3:23 PM |
| Air Canada Seeks Bank Partner for $1.6 Billion Loyalty Plan
finance.yahoo.com - September 19 at 3:23 PM |
| CANADA STOCKS-TSX hits six-week high as energy, financials drive gains
finance.yahoo.com - September 19 at 3:23 PM |
| Air Canada and AAR Conclude $500M CAD Agreement for Airframe Maintenance in Québec, Canada
finance.yahoo.com - September 19 at 3:23 PM |
| Air Canada Provides Humanitarian Relief of Essential Supplies to Regions Affected by Hurricane Irma
finance.yahoo.com - September 18 at 8:35 PM |
| Q3 2017 EPS Estimates for Air Canada (AC) Lifted by Analyst
www.americanbankingnews.com - September 18 at 1:26 AM |
| Air Canada (AC) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - September 16 at 12:40 PM |
| Air Canada Announces New Appointment to its Board of Directors
finance.yahoo.com - September 15 at 3:29 PM |
| Investing for Beginners: Tips for Navigating High-Flying Airline Stocks - The Motley Fool Canada
www.fool.ca - September 14 at 3:20 PM |
| Does Air Canada’s (TSX:AC) PE Ratio Warrant A Buy?
finance.yahoo.com - September 14 at 3:20 PM |
| Air Canada Announces Appointment of Catherine Dyer as Chief Information Officer
finance.yahoo.com - September 14 at 3:20 PM |
 | In Europe and Canada, New Looks for Classic Hotels
www.nytimes.com - September 14 at 1:33 AM |
| Air Canada Provides Further Details on Amendments to Long-Term Collective Agreement with Pilots
finance.yahoo.com - September 13 at 8:31 PM |
| Canadian Stocks Are Extending Yesterday's Gains - Canadian Commentary - Nasdaq
www.nasdaq.com - September 12 at 3:24 PM |
| How the Surging Loonie Can Make You Rich - The Motley Fool Canada
www.fool.ca - September 12 at 3:24 PM |
| Is the Canadian Dollar Heading to Parity With US Currency Again? - The Motley Fool Canada
www.fool.ca - September 11 at 8:58 PM |
| What'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 |
| Air Canada Operating 24 Extra Flights for Customers Impacted by Hurricane Irma
finance.yahoo.com - September 7 at 1:23 AM |
 | JinkoSolar Partners with Enphase Energy to Create Plug and Play AC Module
www.marketwatch.com - September 5 at 3:31 PM |
| Ontario mother wants answers from Air Canada after daughter left unaccompanied on flight from U.S.
www.msn.com - September 1 at 1:28 AM |
 | Toronto's AC Centre to be renamed Scotiabank Arena in C$800 million deal - Reuters
www.reuters.com - August 30 at 3:22 PM |
| Frosty Air Canada flight leaves passenger steaming: Roseman
www.msn.com - August 30 at 1:57 AM |
| ETFs with exposure to Air Canada : August 28, 2017
finance.yahoo.com - August 28 at 8:34 PM |
 | Air Canada as a long-term investment? Believe it - The Globe and Mail
www.theglobeandmail.com - August 25 at 4:58 PM |
| Lucie Guillemette Sells 1,941 Shares of Air Canada (AC) Stock
www.americanbankingnews.com - August 25 at 4:32 PM |
| FAA To Airlines: San Francisco Near-Disaster Is Teaching Moment
finance.yahoo.com - August 23 at 3:21 PM |
| Despite Rising Nearly 70%, Air Canada Remains a Strong Buy
www.baystreet.ca - August 22 at 8:38 PM |
| Despite Rising Nearly 70%, Air Canada Remains a Strong Buy - Baystreet.ca
www.baystreet.ca - August 22 at 3:38 PM |
| Air Canada (AC) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - August 22 at 12:50 PM |
| ETFs with exposure to Air Canada : August 16, 2017
finance.yahoo.com - August 16 at 8:26 PM |
| [$$] Why Savvy U.S. Fliers Take Air Canada
finance.yahoo.com - August 16 at 3:22 PM |
| Insider Selling: Air Canada (TSE:AC) Insider Sells 2,021 Shares of Stock
www.americanbankingnews.com - August 14 at 11:46 PM |
| Yves Dufresne Sells 1,677 Shares of Air Canada (TSE:AC) Stock
www.americanbankingnews.com - August 14 at 11:46 PM |
| Are Turbulent Times Ahead for Air Canada? - The Motley Fool Canada
www.fool.ca - August 14 at 3:29 PM |
| Why Air Canada Remains a Value Play Despite the Recent Run Up - Baystreet.ca
www.baystreet.ca - August 11 at 8:45 PM |
| Air Canada: Growing Free Cash Flow Is Transforming the Airline Business - The Motley Fool Canada
www.fool.ca - August 10 at 4:52 PM |
| Kevin C. Howlett Sells 30,769 Shares of Air Canada (AC) Stock
www.americanbankingnews.com - August 8 at 7:44 PM |
| Air Canada (TSE:AC) Director Calin Rovinescu Sells 925,481 Shares
www.americanbankingnews.com - August 4 at 7:36 PM |
| Air Canada Silence Deletes Critical Data In San Francisco Near Disaster
finance.yahoo.com - August 4 at 3:27 PM |
Air Canada (AC) Chart for Sunday, September, 24, 2017
