Air Canada (OTCMKTS:ACDVF – Get Free Report) has received an average recommendation of “Moderate Buy” from the ten ratings firms that are presently covering the company, MarketBeat.com reports. Five research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company.
A number of research firms have weighed in on ACDVF. Scotiabank raised shares of Air Canada from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. Zacks Research upgraded Air Canada from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 19th. National Bank Financial reiterated an “outperform” rating on shares of Air Canada in a report on Wednesday. Royal Bank Of Canada restated an “outperform” rating on shares of Air Canada in a research note on Thursday. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of Air Canada in a research note on Thursday.
Get Our Latest Stock Analysis on Air Canada
Air Canada News Summary
- Positive Sentiment: Air Canada agreed to sell a 25% stake in its Aeroplan loyalty program to Blackstone and Canadian pension funds for approximately C$2.5 billion. The transaction values Aeroplan at about C$10 billion and gives Air Canada cash to strengthen its balance sheet, reduce financial pressure and manage elevated fuel expenses. Blackstone strikes $1.8 billion deal for Air Canada division
- Positive Sentiment: Second-quarter adjusted earnings of C$0.29 per share exceeded the C$0.11 analyst consensus, while revenue of C$4.41 billion also topped expectations of C$4.34 billion. Strong travel demand remains a supportive factor for revenue. Air Canada Beats Q2 Earnings and Revenue Estimates
- Positive Sentiment: Scotiabank upgraded Air Canada from “hold” to “strong buy,” signaling increased confidence in the company’s valuation or recovery prospects. Scotiabank upgrades Air Canada
- Neutral Sentiment: Analyst opinions remain mixed, suggesting the Aeroplan proceeds and resilient demand are being balanced against fuel inflation, leverage and execution risks.
- Negative Sentiment: Jet-fuel costs rose approximately 49% year over year. The increase contributed to a significant net loss and prompted Air Canada to lower its financial guidance, overshadowing the earnings and revenue beats. Air Canada posts loss and lowers guidance as fuel costs soar
- Negative Sentiment: Although demand is holding up, the fuel-cost shock highlights Air Canada’s exposure to volatile operating expenses. The lower outlook may limit near-term upside unless fuel prices moderate or the Aeroplan cash infusion materially improves finances. Air Canada stock loses altitude as jet fuel costs rise
Air Canada Stock Down 0.7%
Shares of OTCMKTS:ACDVF opened at $21.80 on Friday. The company has a current ratio of 0.56, a quick ratio of 0.53 and a debt-to-equity ratio of 3.32. The firm has a market cap of $6.11 billion, a price-to-earnings ratio of 21.37, a PEG ratio of 0.67 and a beta of 1.42. The stock’s 50-day moving average price is $17.27 and its two-hundred day moving average price is $15.18. Air Canada has a 12-month low of $12.03 and a 12-month high of $22.52.
Air Canada (OTCMKTS:ACDVF – Get Free Report) last posted its quarterly earnings data on Tuesday, August 11th. The company reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.18. Air Canada had a net margin of 1.82% and a return on equity of 21.51%. The company had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.34 billion. On average, research analysts forecast that Air Canada will post 0.93 EPS for the current year.
About Air Canada
Air Canada is the largest airline in Canada and one of the leading carriers in North America. Founded in 1937 as Trans-Canada Air Lines and rebranded as Air Canada in 1965, the company operates scheduled passenger and cargo services on six continents. The airline maintains membership in the Star Alliance network, offering seamless connections and coordinated loyalty benefits to travelers worldwide.
Through its mainline operations and subsidiaries—including Air Canada Rouge, Air Canada Cargo and Air Canada Vacations—the company provides a broad range of services.
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