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Air Canada (TSE:AC)
TSX:AC
Air Canada (AC) Stock Price & Analysis
2,746 Followers
AC Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$16.04 - C$26.04
Previous CloseC$17.9
Volume2.03M
Average Volume (3M)2.10M
Market Cap
C$6.42B
Enterprise ValueC$11.73B
Total Cash (Recent Filing)C$8.55B
Total Debt (Recent Filing)C$13.86B
Price to Earnings (P/E)2.9
Beta1.17
Next Earnings
Jul 30, 2024EPS Estimate
C$1.12Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)6.12
Shares Outstanding358,469,286
10 Day Avg. Volume1,429,730
30 Day Avg. Volume2,096,141
Standard Deviation0.16
R-Squared0.51
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)-1.70
Price to Sales (P/S)0.28
Price to Cash Flow (P/CF)1.50
P/FCF Ratio1.70
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$27.15Price Target Upside51.32% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Air Canada News
PremiumCompany Announcements
Air Canada Exhibits Strong Q1 Growth
Bulls Say, Bears Say
Bulls Say
Financial PerformanceManagement raised F24 EBITDA guidance from $3.5B-$4.0B to $3.7B-$4.2B, which was above consensus $3.8B.
Market DemandQ4 advanced bookings were up 6% year over year, supporting the thesis of strong consumer demand for travel.
ValuationAir Canada currently trades at 2.8x NTM EV/EBITDA on revised estimates, which remains substantially below US network peers and historical levels.
Bears Say
Cost EfficienciesCost efficiencies for Air Canada are expected to materialize after 2026 due to the time required to restore the network and refresh the narrow-body fleet.
EBITDA MarginsAir Canada's EBITDA margins are projected to be 16.1% in 2024, which is a decrease of 210 basis points year-over-year and below the target of over 20%.
Free Cash FlowAir Canada is estimated to generate just $150 million in free cash flow from 2024 to 2026, significantly lower than its competitors United Airlines and Delta Air Lines.
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Ownership Overview
2.25% Insiders
10.81% Mutual Funds
20.23% Other Institutional Investors
66.71% Public Companies and Individual Investors
Website Traffic
The estimated number of people who visited one or more of the websites owned by Air Canada
Desktop Users
Mobile Users
AC FAQ
What was Air Canada’s price range in the past 12 months?
Air Canada lowest stock price was C$16.04 and its highest was C$26.04 in the past 12 months.
What is Air Canada’s market cap?
Currently, no data Available
When is Air Canada’s upcoming earnings report date?
Air Canada’s upcoming earnings report date is Jul 30, 2024 which is in 27 days.
How were Air Canada’s earnings last quarter?
Air Canada released its earnings results on May 02, 2024. The company reported -C$0.27 earnings per share for the quarter, missing the consensus estimate of -C$0.097 by -C$0.173.
Is Air Canada overvalued?
According to Wall Street analysts Air Canada’s price is currently Undervalued.
Does Air Canada pay dividends?
Air Canada does not currently pay dividends.
What is Air Canada’s EPS estimate?
Air Canada’s EPS estimate is C$1.12.
How many shares outstanding does Air Canada have?
Air Canada has 82,814,310 shares outstanding.
What happened to Air Canada’s price movement after its last earnings report?
Air Canada reported an EPS of -C$0.27 in its last earnings report, missing expectations of -C$0.097. Following the earnings report the stock price went down -8.358%.
Which hedge fund is a major shareholder of Air Canada?
Currently, no hedge funds are holding shares in TSE:AC
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Air Canada Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
C$27.15 (51.32% Upside)
C$27.15 (51.32% Upside)
Blogger Sentiment
Bullish
TSE:AC Sentiment 60%
Sector Average 69%
Sector Average 69%
Insider Transactions
Bought Shares
Worth $17.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 6.5%
Last 30 Days ▼ 6.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-31.76%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-2.49%
Trailing 12-Months
Company Description
Air Canada
Air Canada provides airline transportation services. It engages in full-service airline, scheduled passenger and cargo services, serving more than two hundred airports on six continents. It operates flights in Canada, the USA, Latin America, Europe, Australia and Asia. The company was founded on April 11, 1936 and is headquartered in Saint-Laurent, Canada.
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AC Earnings Call
Q1 2024
0:00 / 0:00
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AC Stock 12 Month Forecast
Average Price Target
C$27.15
▲(51.32% Upside)
Technical Analysis
Air Canada
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American Airlines
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Delta Air Lines
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United Airlines Holdings
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Southwest Airlines
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Best Analysts Covering AC
1 Year
1 Year Success Rate
15/16 ratings generated profit
1 Year Average Return
+27.77%
reiterated a buy rating 4 months ago
Copying Helane Becker's trades and holding each position for 1 Year would result in 93.75% of your transactions generating a profit, with an average return of +27.77% per trade.
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