Stifel Canada Decreases Earnings Estimates for Air Canada

Air Canada (TSE:AC) – Analysts at Stifel Canada lowered their FY2026 earnings per share (EPS) estimates for shares of Air Canada in a note issued to investors on Monday, February 17th. Stifel Canada analyst D. Young now anticipates that the company will earn $2.59 per share for the year, down from their previous estimate of $2.98. Stifel Canada has a “Strong-Buy” rating on the stock. The consensus estimate for Air Canada’s current full-year earnings is $2.58 per share.

AC has been the subject of several other reports. Stifel Nicolaus dropped their target price on Air Canada from C$28.00 to C$26.00 in a report on Tuesday. CIBC lowered their price target on Air Canada from C$28.00 to C$24.00 in a report on Tuesday. Scotiabank increased their price target on Air Canada from C$26.50 to C$29.00 and gave the stock an “outperform” rating in a report on Wednesday, December 18th. Canaccord Genuity Group increased their price target on Air Canada from C$25.00 to C$29.00 in a report on Monday, November 4th. Finally, Jefferies Financial Group increased their price target on Air Canada from C$22.00 to C$23.00 in a report on Monday, January 6th. Two analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$26.20.

Air Canada Stock Down 2.2 %

Shares of TSE:AC opened at C$16.84 on Thursday. The company has a quick ratio of 1.06, a current ratio of 0.92 and a debt-to-equity ratio of 400.00. The business has a fifty day moving average of C$20.52 and a two-hundred day moving average of C$19.37. The stock has a market cap of C$6.01 billion, a P/E ratio of 2.37, a PEG ratio of 0.02 and a beta of 2.39. Air Canada has a 52-week low of C$14.47 and a 52-week high of C$26.18.

Insider Transactions at Air Canada

In other Air Canada news, Senior Officer Arielle Meloul-Wechsler sold 6,000 shares of the firm’s 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. Also, Director Vagn Sorensen acquired 11,440 shares of the stock in a transaction on Wednesday, February 19th. The shares were acquired at an average price of C$17.40 per share, with a total value of C$199,057.14. 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.