FY2027 Earnings Estimate for Air Canada Issued By Cormark

Air Canada (TSE:AC) – Stock analysts at Cormark issued their FY2027 earnings per share (EPS) estimates for Air Canada in a research note issued on Wednesday, December 18th. Cormark analyst D. Ocampo anticipates that the company will post earnings per share of $2.92 for the year. The consensus estimate for Air Canada’s current full-year earnings is $2.58 per share.

Other equities analysts also recently issued reports about the company. National Bankshares increased their target price on Air Canada from C$22.00 to C$27.00 in a research note on Monday, November 4th. Raymond James raised Air Canada to a “moderate buy” rating in a report on Tuesday, December 17th. ATB Capital upped their price target on shares of Air Canada from C$28.00 to C$31.00 and gave the stock an “outperform” rating in a research note on Wednesday. Stifel Nicolaus raised their price objective on shares of Air Canada from C$25.50 to C$28.00 and gave the company a “buy” rating in a research note on Friday. Finally, Jefferies Financial Group upped their target price on shares of Air Canada from C$18.00 to C$22.00 in a research report on Tuesday, November 5th. Two equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Air Canada presently has a consensus rating of “Moderate Buy” and a consensus price target of C$26.67.

Air Canada Stock Up 1.1 %

Shares of Air Canada stock opened at C$21.96 on Friday. Air Canada has a one year low of C$14.47 and a one year high of C$26.18. The company has a market cap of C$7.87 billion, a P/E ratio of 4.90, a PEG 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. The firm has a fifty day moving average of C$22.25 and a two-hundred day moving average of C$18.53.

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.