Atb Cap Markets Has Positive View of Air Canada Q2 Earnings

Air Canada (TSE:AC) – Research analysts at Atb Cap Markets boosted their Q2 2025 earnings per share estimates for shares of Air Canada in a report issued on Sunday, May 11th. Atb Cap Markets analyst C. Murray now forecasts that the company will post earnings per share of $0.57 for the quarter, up from their previous forecast of $0.54. The consensus estimate for Air Canada’s current full-year earnings is $2.58 per share. Atb Cap Markets also issued estimates for Air Canada’s FY2025 earnings at $1.68 EPS.

Several other equities research analysts have also weighed in on the company. National Bankshares decreased their price objective on Air Canada from C$27.00 to C$23.00 in a report on Thursday, April 10th. Stifel Nicolaus lifted their price objective on Air Canada from C$22.00 to C$23.00 in a report on Monday. Canaccord Genuity Group lifted their price objective on Air Canada from C$24.00 to C$27.00 in a report on Monday. Scotiabank decreased their price objective on Air Canada from C$25.00 to C$21.00 and set an “outperform” rating for the company in a report on Wednesday, April 9th. Finally, Jefferies Financial Group lowered Air Canada from a “hold” rating to an “underperform” rating and decreased their price objective for the stock from C$18.00 to C$12.00 in a report on Tuesday, April 1st. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Air Canada currently has a consensus rating of “Moderate Buy” and an average price target of C$24.31.

Air Canada Trading Up 3.4%

Shares of Air Canada stock opened at C$18.99 on Tuesday. The stock has a fifty day moving average price of C$14.70 and a 200-day moving average price of C$18.95. Air Canada has a 1 year low of C$12.69 and a 1 year high of C$26.18. The firm has a market cap of C$6.77 billion, a PE ratio of 2.67, a P/E/G ratio of 0.02 and a beta of 2.39. The company has a debt-to-equity ratio of 400.00, a current ratio of 0.92 and a quick ratio of 1.06.

Insider Transactions at Air Canada

In other news, Director Vagn Sorensen bought 11,440 shares of the company’s stock in a transaction that occurred on Wednesday, February 19th. The stock was bought at an average price of C$17.40 per share, for a total transaction of C$199,057.14. Also, Senior Officer Craig Landry bought 13,644 shares of the company’s stock in a transaction that occurred on Friday, February 28th. The stock was purchased at an average price of C$16.75 per share, with a total value of C$228,546.55. Over the last 90 days, insiders acquired 32,993 shares of company stock valued at $538,251. 0.14% of the stock is owned by corporate insiders.

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.