Cormark Has Negative Outlook for Air Canada Q2 Earnings

Air Canada (TSE:AC) – Equities research analysts at Cormark cut their Q2 2025 earnings estimates for Air Canada in a note issued to investors on Tuesday, February 18th. Cormark analyst D. Ocampo now anticipates that the company will post earnings per share of $0.64 for the quarter, down from their previous forecast of $0.75. The consensus estimate for Air Canada’s current full-year earnings is $2.58 per share. Cormark also issued estimates for Air Canada’s FY2025 earnings at $2.25 EPS.

Other equities research analysts also recently issued research reports about the stock. TD Cowen increased their target price on shares of Air Canada to C$25.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. ATB Capital increased their target price on shares of Air Canada from C$28.00 to C$31.00 and gave the company an “outperform” rating in a research note on Wednesday, December 18th. BMO Capital Markets increased their target price on shares of Air Canada from C$29.00 to C$31.00 in a research note on Wednesday, December 18th. Stifel Canada raised shares of Air Canada from a “hold” rating to a “strong-buy” rating in a research note on Sunday, November 3rd. Finally, Raymond James raised shares of Air Canada to a “moderate buy” rating in a research note on Tuesday, December 17th. Two analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Air Canada has a consensus rating of “Moderate Buy” and an average price target of C$26.20.

Air Canada Price Performance

AC stock opened at C$17.45 on Wednesday. Air Canada has a 52 week low of C$14.47 and a 52 week high of C$26.18. The company has a quick ratio of 1.06, a current ratio of 0.92 and a debt-to-equity ratio of 400.00. The company has a fifty day simple moving average of C$20.83 and a two-hundred day simple moving average of C$19.36. The firm has a market capitalization of C$6.22 billion, a P/E ratio of 2.46, a price-to-earnings-growth ratio of 0.02 and a beta of 2.39.

Insider Buying and Selling at Air Canada

In other Air Canada news, Senior Officer Arielle Meloul-Wechsler sold 6,000 shares of the firm’s stock in a transaction dated Thursday, December 19th. The shares were sold at an average price of C$21.71, for a total transaction of C$130,246.80. Insiders own 0.14% of the company’s stock.

Air Canada Company Profile

Air Canada provides domestic, U.S. transborder, and international airline services. The company provides scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand names in the Canadian market, the Canada-U.S. transborder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers.