Cormark Has Negative Estimate for Air Canada Q1 Earnings

Air Canada (TSE:AC) – Stock analysts at Cormark lowered their Q1 2025 earnings per share estimates for shares of Air Canada in a report issued on Tuesday, February 18th. Cormark analyst D. Ocampo now expects that the company will earn ($0.62) per share for the quarter, down from their previous forecast of ($0.14). The consensus estimate for Air Canada’s current full-year earnings is $2.58 per share. Cormark also issued estimates for Air Canada’s Q3 2025 earnings at $2.01 EPS, Q4 2025 earnings at $0.24 EPS, Q1 2026 earnings at ($0.50) EPS, Q2 2026 earnings at $0.75 EPS, Q3 2026 earnings at $2.16 EPS, Q4 2026 earnings at $0.27 EPS and FY2026 earnings at $2.69 EPS.

Several other analysts have also recently commented on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Air Canada from C$32.00 to C$34.00 in a research note on Monday, November 4th. Stifel Nicolaus decreased their target price on shares of Air Canada from C$28.00 to C$26.00 in a research report on Tuesday. Citigroup cut their price target on Air Canada from C$28.50 to C$26.50 and set a “buy” rating on the stock in a research report on Monday, December 30th. TD Cowen boosted their price objective on Air Canada to C$25.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. Finally, CIBC dropped their target price on Air Canada from C$28.00 to C$24.00 in a report on Tuesday. Two equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Air Canada currently has an average rating of “Moderate Buy” and a consensus target price of C$26.20.

Air Canada Stock Down 0.2 %

Shares of AC stock opened at C$17.45 on Thursday. The company has a debt-to-equity ratio of 400.00, a quick ratio of 1.06 and a current ratio of 0.92. Air Canada has a fifty-two week low of C$14.47 and a fifty-two week high of C$26.18. The firm has a market capitalization of C$6.22 billion, a PE ratio of 2.46, a P/E/G ratio of 0.02 and a beta of 2.39. The stock’s 50-day simple moving average is C$20.83 and its 200-day simple moving average is C$19.36.

Insider Activity

In related news, Senior Officer Arielle Meloul-Wechsler sold 6,000 shares of Air Canada 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 transaction of C$130,246.80. Company insiders own 0.14% of the company’s stock.

Air Canada Company Profile

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.