Air Canada FY2025 EPS Reduced by National Bank Financial

Air Canada (TSE:AC) – Investment analysts at National Bank Financial lowered their FY2025 earnings per share estimates for shares of Air Canada in a research report issued on Tuesday, January 14th. National Bank Financial analyst C. Doerksen now expects that the company will earn $2.54 per share for the year, down from their previous estimate of $2.68. The consensus estimate for Air Canada’s current full-year earnings is $2.58 per share.

Several other equities analysts also recently commented on AC. TD Cowen boosted their price target on shares of Air Canada to C$25.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. ATB Capital upped their price target on Air Canada from C$28.00 to C$31.00 and gave the stock an “outperform” rating in a report on Wednesday, December 18th. JPMorgan Chase & Co. increased their price target on Air Canada from C$32.00 to C$34.00 in a research report on Monday, November 4th. National Bankshares boosted their price objective on Air Canada from C$22.00 to C$27.00 in a research report on Monday, November 4th. Finally, BMO Capital Markets raised their target price on shares of Air Canada from C$29.00 to C$31.00 in a report on Wednesday, December 18th. Two equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of C$26.60.

Air Canada Trading Up 0.2 %

Shares of AC stock opened at C$20.45 on Friday. Air Canada has a fifty-two week low of C$14.47 and a fifty-two week high of C$26.18. The company has a 50 day moving average price of C$23.29 and a 200 day moving average price of C$19.12. The stock has a market capitalization of C$7.33 billion, a P/E ratio of 4.56, a price-to-earnings-growth ratio of 0.02 and a beta of 2.39. The company has a debt-to-equity ratio of 1,070.99, a quick ratio of 1.06 and a current ratio of 0.85.

Insider Buying and Selling at Air Canada

In other news, Senior Officer Arielle Meloul-Wechsler sold 6,000 shares of the stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of C$21.71, for a total value of C$130,246.80. 0.14% of the stock is currently owned by insiders.

About Air Canada

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.