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Air Canada (TSE:AC)
TSX:AC
Air Canada (AC) Stock Price & Analysis
2,607 Followers
AC Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$16.04 - C$26.04
Previous CloseC$19.06
Volume2.88M
Average Volume (3M)2.54M
Market Cap
C$6.70B
Enterprise ValueC$12.01B
Total Cash (Recent Filing)C$8.55B
Total Debt (Recent Filing)C$13.86B
Price to Earnings (P/E)3.1
Beta1.31
Next Earnings
Jul 30, 2024EPS Estimate
C$1.15Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)6.12
Shares Outstanding358,469,286
10 Day Avg. Volume3,318,801
30 Day Avg. Volume2,540,136
Standard Deviation0.16
R-Squared0.46
Alpha-0.00817
Financial Highlights & Ratios
Price to Book (P/B)-1.89
Price to Sales (P/S)0.31
Price to Cash Flow (P/CF)1.70
P/FCF Ratio1.80
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$30.89Price Target Upside62.09% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
Air Canada News
PremiumCompany Announcements
Air Canada Exhibits Strong Q1 Growth
Bulls Say, Bears Say
Bulls Say
Financial GuidanceManagement raised F24 EBITDA guidance, reflecting a positive performance outlook and surpassing consensus estimates.
Strategic GrowthAir Canada's strategic investment plan and strong financial position are set to fuel growth and shareholder value.
ValuationAir Canada's current valuation is significantly lower than its US network peers, indicating a potential undervaluation of the stock.
Bears Say
Contractual ConcernsThe open pilot deal remains an overhang for the shares.
Earnings PerformanceResults were shy of expectations largely reflecting higher-than-forecasted fuel costs.
Investor SentimentInvestors have a show me attitude toward productivity benefits.
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Ownership Overview
2.45% Insiders
9.50% Mutual Funds
20.96% Other Institutional Investors
67.09% 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 77 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$1.15.
How many shares outstanding does Air Canada have?
Air Canada has 75,874,230 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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
C$30.89 (62.09% Upside)
C$30.89 (62.09% Upside)
Blogger Sentiment
Bullish
TSE:AC Sentiment 60%
Sector Average 69%
Sector Average 69%
Insider Transactions
Bought Shares
Worth $240.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.1%
Last 30 Days ▼ 7.6%
Last 30 Days ▼ 7.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-10.41%
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$30.89
▲(62.09% 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
16/16 ratings generated profit
1 Year Average Return
+28.26%
reiterated a buy rating 3 months ago
Copying Helane Becker's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +28.26% per trade.
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