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Air Canada (TSE:AC)
TSX:AC
Holding TSE:AC?
Track your performance easily
AC Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$14.47 - C$23.21
Previous CloseC$15.61
Volume1.77M
Average Volume (3M)2.01M
Market Cap
C$5.72B
Enterprise ValueC$10.07B
Total Cash (Recent Filing)C$8.13B
Total Debt (Recent Filing)C$12.48B
Price to Earnings (P/E)3.2
Beta1.18
Next Earnings
Oct 29, 2024EPS Estimate
C$1.84Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)4.92
Shares Outstanding358,493,006
10 Day Avg. Volume1,552,597
30 Day Avg. Volume2,013,885
Standard Deviation0.16
R-Squared0.48
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)-1.70
Price to Sales (P/S)0.25
Price to Cash Flow (P/CF)1.50
P/FCF Ratio2.20
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$23.16Price Target Upside48.34% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
Air Canada News
PremiumCompany Announcements
Air Canada Reports Mixed Q2 Financials Amid Expansion
Bulls Say, Bears Say
Bulls Say
Balance SheetAir Canada continues to benefit from a strong balance sheet with ample liquidity of $10.2 billion.
Financial PerformancePassenger revenues were better than expected by 2.2%, in large part driven by a more moderate unit revenue pressure relative to the forecast.
Growth PotentialNew routes are generating above-average profit versus the overall network.
Bears Say
Financial PerformancePRASM fell 4.4% y/y and load factor declined 2.2 points.
Operational ChallengesThe airline also still needs to finalize a new contract with the union representing its pilots.
Revenue TrendsRevenue trends may be easing a little more than initially anticipated reflecting growth in capacity, continued geopolitical challenges, and muted consumer sentiment.
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Ownership Overview
2.25% Insiders
10.98% Mutual Funds
20.11% Other Institutional Investors
66.66% 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$14.47 and its highest was C$23.21 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 Oct 29, 2024 which is in 66 days.
How were Air Canada’s earnings last quarter?
Air Canada released its earnings results on Aug 07, 2024. The company reported C$0.98 earnings per share for the quarter, beating the consensus estimate of C$0.862 by C$0.118.
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$1.84.
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$0.98 in its last earnings report, beating expectations of C$0.862. Following the earnings report the stock price went down -1.387%.
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
1
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4
5
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8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
C$23.16 (48.34% Upside)
C$23.16 (48.34% Upside)
Blogger Sentiment
Bearish
TSE:AC Sentiment 60%
Sector Average 67%
Sector Average 67%
Insider Transactions
Bought Shares
Worth $40.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 1.8%
Last 30 Days ▲ 0.3%
Last 30 Days ▲ 0.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-30.88%
12-Months-Change
Fundamentals
Return on Equity
633.80%
Trailing 12-Months
Asset Growth
-4.67%
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
Q2 2024
0:00 / 0:00
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AC Stock 12 Month Forecast
Average Price Target
C$23.16
▲(48.34% 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
23/49 ratings generated profit
1 Year Average Return
+9.56%
reiterated a buy rating 17 days ago
Copying Kevin Chiang's trades and holding each position for 1 Year would result in 46.94% of your transactions generating a profit, with an average return of +9.56% per trade.
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