Cormark Has Positive Estimate for Air Canada Q2 Earnings

Air Canada (TSE:AC) – Analysts at Cormark raised their Q2 2025 earnings per share (EPS) estimates for Air Canada in a report issued on Monday, November 4th. Cormark analyst D. Ocampo now expects that the company will post earnings of $1.32 per share for the quarter, up from their previous estimate of $1.20. The consensus estimate for Air Canada’s current full-year earnings is $2.58 per share.

Air Canada (TSE:AC) last posted its quarterly earnings results on Wednesday, August 7th. The company reported C$0.98 earnings per share for the quarter, beating the consensus estimate of C$0.85 by C$0.13. Air Canada had a return on equity of 603.77% and a net margin of 7.92%. The firm had revenue of C$5.52 billion for the quarter, compared to analyst estimates of C$5.55 billion.

Several other brokerages have also weighed in on AC. Canaccord Genuity Group upped their target price on Air Canada from C$25.00 to C$29.00 in a research report on Monday. TD Securities dropped their target price on Air Canada from C$25.00 to C$19.00 in a research report on Wednesday, July 24th. National Bankshares upped their target price on Air Canada from C$22.00 to C$27.00 in a research report on Monday. Scotiabank upped their target price on Air Canada from C$24.00 to C$26.50 in a research report on Monday. Finally, BMO Capital Markets upped their target price on Air Canada from C$28.00 to C$29.00 in a research report on Monday. Two investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$25.27.

Air Canada Stock Performance

Shares of AC stock opened at C$22.18 on Tuesday. The company has a debt-to-equity ratio of 1,070.99, a current ratio of 0.85 and a quick ratio of 1.06. Air Canada has a fifty-two week low of C$14.47 and a fifty-two week high of C$22.25. The stock’s 50-day moving average is C$16.97 and its two-hundred day moving average is C$17.42. The firm has a market cap of C$7.95 billion, a P/E ratio of 4.95, a PEG ratio of 0.02 and a beta of 2.39.

Insider Activity at Air Canada

In other Air Canada news, Senior Officer Christophe Hennebelle bought 1,900 shares of the firm’s stock in a transaction that occurred on Friday, August 9th. The stock was purchased at an average price of C$15.70 per share, for a total transaction of C$29,830.00. 0.14% of the stock is owned by corporate insiders.

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.