Q2 EPS Estimates for Air Canada Boosted by Analyst

Air Canada (TSE:AC) – Research analysts at National Bank Financial raised their Q2 2025 earnings per share estimates for Air Canada in a note issued to investors on Tuesday, July 15th. National Bank Financial analyst C. Doerksen now expects that the company will earn $0.70 per share for the quarter, up from their previous estimate of $0.68. The consensus estimate for Air Canada’s current full-year earnings is $2.58 per share. National Bank Financial also issued estimates for Air Canada’s FY2025 earnings at $1.90 EPS and FY2026 earnings at $2.42 EPS.

A number of other research analysts have also recently weighed in on AC. Royal Bank Of Canada upgraded Air Canada from a “sector perform” rating to an “outperform” rating and raised their price target for the company from C$16.00 to C$25.00 in a research report on Monday, May 12th. Raymond James Financial dropped their price target on Air Canada from C$28.00 to C$24.00 in a research report on Tuesday, May 6th. Scotiabank dropped their price target on Air Canada from C$25.00 to C$21.00 and set an “outperform” rating for the company in a research report on Wednesday, April 9th. BMO Capital Markets dropped their price target on Air Canada from C$31.00 to C$29.00 and set an “outperform” rating for the company in a research report on Thursday, April 3rd. Finally, National Bankshares increased their price objective on Air Canada from C$24.00 to C$26.00 and gave the company an “outperform” rating in a research note on Wednesday. One analyst has rated the stock with a sell rating, one has given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Air Canada has an average rating of “Moderate Buy” and a consensus target price of C$24.41.

Air Canada Trading Down 2.4%

Shares of AC stock opened at C$20.99 on Thursday. Air Canada has a fifty-two week low of C$12.69 and a fifty-two week high of C$26.18. The stock has a market cap of C$7.49 billion, a P/E ratio of 2.96, a P/E/G ratio of 0.02 and a beta of 2.39. The business has a fifty day simple moving average of C$19.84 and a 200-day simple moving average of C$17.85. The company has a quick ratio of 1.06, a current ratio of 0.92 and a debt-to-equity ratio of 400.00.

About Air Canada

Air Canada is Canada’s largest airline, generally serving nearly 50 million passengers each year together with its regional partners. Air Canada is a sixth freedom airline, similar to Gulf carriers, which flies many U.S. nationals on long-haul trips with a layover in Canada. In 2019, the company generated CAD 19 billion in total revenue.