Should I buy or sell Air Canada stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Air Canada in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ACDVF shares. View ACDVF analyst ratings or view top-rated stocks .

What is Air Canada's stock price target for 2024?

1 Wall Street analysts have issued 12 month price targets for Air Canada's stock. Their ACDVF share price targets range from $25.00 to $35.00. On average, they expect the company's stock price to reach $30.17 in the next twelve months. This suggests a possible upside of 112.3% from the stock's current price. View analysts price targets for ACDVF or view top-rated stocks among Wall Street analysts .

How have ACDVF shares performed in 2024?

Air Canada's stock was trading at $14.12 at the beginning of the year. Since then, ACDVF stock has increased by 0.6% and is now trading at $14.21. View the best growth stocks for 2024 here .

Are investors shorting Air Canada?

Air Canada saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 2,914,600 shares, a decline of 28.7% from the March 15th total of 4,086,200 shares. Based on an average trading volume of 162,700 shares, the days-to-cover ratio is presently 17.9 days. View Air Canada's Short Interest .

When is Air Canada's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 10th 2024. View our ACDVF earnings forecast .

How were Air Canada's earnings last quarter?

Air Canada (OTCMKTS:ACDVF) announced its quarterly earnings data on Friday, February, 16th. The company reported ($0.09) EPS for the quarter. The business earned $3.80 billion during the quarter. Air Canada had a negative trailing twelve-month return on equity of 926.55% and a net margin of 10.47%.

How do I buy shares of Air Canada?

Shares of ACDVF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:ACDVF

Air Canada (ACDVF) Stock Price, News & Analysis

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$14.21

+0.18 (+1.28%)

(As of 04/18/2024 ET)

Compare

Today's Range: $14.01
▼
$14.43
50-Day Range: $13.10
▼
$14.80
52-Week Range: $11.52
▼
$19.80

Volume: 9,009 shs
Average Volume: 200,566 shs
Market Capitalization: $5.09 billion

P/E Ratio: 3.29
Dividend Yield: N/A
Price Target: $30.17

Stock Analysis Analyst Forecasts Chart Earnings Headlines Short Interest

Get Air Canada alerts:

Air Canada MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 112.3% Upside
$30.17 Price Target
Short Interest: Healthy
0.81% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.46
Based on 11 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.43 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Air Canada has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Air Canada has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.81% of the outstanding shares of Air Canada have been sold short.
Short Interest Ratio / Days to Cover
Air Canada has a short interest ratio ("days to cover") of 17.9, which indicates bearish sentiment.
Change versus previous month
Short interest in Air Canada has recently decreased by 28.67%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Air Canada does not currently pay a dividend.
Dividend Growth
Air Canada does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ACDVF.

1.4

News and Social Media Coverage

News Sentiment
Air Canada has a news sentiment score of -0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.51 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 11 news articles for Air Canada this week, compared to 8 articles on an average week.
Search Interest
11 people have searched for ACDVF on MarketBeat in the last 30 days. This is an increase of 450% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added Air Canada to their MarketBeat watchlist in the last 30 days. This is a decrease of -29% compared to the previous 30 days.

N/A

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Air Canada insiders have not sold or bought any company stock.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Air Canada is 3.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of Air Canada is 3.29, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 17.09.
Price to Book Value per Share Ratio
Air Canada has a P/B Ratio of 8.66. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Air Canada Stock (OTCMKTS:ACDVF)

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. As of December 31, 2023, it operated a fleet of 203 aircraft under the Air Canada brand name comprising 115 Airbus narrow-body aircraft, and 88 Airbus wide-body aircraft; 118 aircraft under the Air Canada Express brand name, including 25 Embraer 175, 15 Mitsubishi CRJ-200, 35 Mitsubishi CRJ-900, and 43 De Havilland Dash 8-400aircraft; and 40 aircraft under the Air Canada Rouge brand name consisting of 17 Airbus A321 aircraft, 5 Airbus A320 aircraft, and 18 Airbus A319 aircraft. The company provides air cargo services in approximately 50 countries, including Toronto, Halifax, St. John's, Miami, Atlanta, Dallas, Quito, Lima, San Juan, Mexico City, Guadalajara, Bogotá, Madrid, Frankfurt, Basel, and Liege. In addition, it develops, operates, markets, and distributes vacation travel packages in the Caribbean, Mexico, the United States, Europe, Central and South America, South Pacific, Australia, and Asia; offers cruise packages in North America, Europe, and the Caribbean; and provides travel loyalty programs. Air Canada was founded in 1937 and is headquartered in Saint-Laurent, Canada.

ACDVF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ACDVF Stock News Headlines

April 17, 2024 | marketbeat.com

9 are facing charges in what police in Canada say is the biggest gold theft in the country's history

Canadian police say nine people are facing charges in the biggest gold theft in Canadian history from Toronto’s Pearson International airport a year ago

April 18, 2024 | msn.com

Air Canada worker among 9 charged or sought over record airport gold heist

April 18, 2024 | DTI (Ad)

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April 18, 2024 | markets.businessinsider.com

RBC Capital Reaffirms Their Hold Rating on Air Canada (ACDVF)

April 17, 2024 | nypost.com

9 people, including 2 Air Canada employees, charged in $14.5M ‘sensational’ gold heist from Toronto airport

April 17, 2024 | msn.com

Six arrests over US$16mn Air Canada gold heist

April 16, 2024 | fortune.com

Police have made arrests in Toronto heist of 24 gold bars and $2 million in cash

April 16, 2024 | finance.yahoo.com

Police make arrests a year after theft of gold and cash worth millions at Toronto's Pearson airport

April 18, 2024 | DTI (Ad)

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April 15, 2024 | ca.news.yahoo.com

Air Canada re-cancels Toronto flights to Tel Aviv after Iran’s attacks on Israel

April 13, 2024 | msn.com

Air Canada Undertakes Major Airbus A320 Flight Deck Upgrade

April 12, 2024 | americanbankingnews.com

Air Canada (OTCMKTS:ACDVF) Stock Passes Below 50-Day Moving Average of $13.77

April 12, 2024 | americanbankingnews.com

Air Canada (OTCMKTS:ACDVF) Sees Significant Decrease in Short Interest

April 11, 2024 | msn.com

Regina woman says Air Canada emergency landing was her 'worst nightmare coming true'

April 11, 2024 | ca.news.yahoo.com

Air Canada resumes flights to Israel after 6-month pause due to conflict in Gaza

April 10, 2024 | fortune.com

Air Canada pilots land a Boeing 737 in Idaho after another in-flight emergency

April 3, 2024 | businesswire.com

CUPE: Air Canada's financial success built on the unpaid labour of its flight attendants

April 3, 2024 | finance.yahoo.com

Air Canada and Jane Goodall Institute of Canada Spotlight Illegal Wildlife Trade and Biodiversity Challenges

April 1, 2024 | finance.yahoo.com

Air Canada Announces Election of Directors

March 29, 2024 | finance.yahoo.com

Hong Kong Tourism Board and Air Canada Introduce the Home Away from Home Flight Pass

March 27, 2024 | msn.com

Air Canada Issues Annual Report Highlighting Its Financial Accomplishments In 2023

March 21, 2024 | ca.finance.yahoo.com

Howard Levitt: Keeping the human in human resources as AI takes hold

March 19, 2024 | finance.yahoo.com

Air Canada (ACDVF) Stock Drops Despite Market Gains: Important Facts to Note

March 13, 2024 | msn.com

Why I’m Changing My Mind About Air Canada Stock

March 12, 2024 | msn.com

Alaska Air expects narrower-than-expected losses for Q1

March 12, 2024 | msn.com

Air Canada diverts plane as baby born on Toronto-bound flight

March 12, 2024 | msn.com

Air Canada plane struck by lightning — rare moment captured in a video

See More Headlines

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Company Calendar

Last Earnings: 2/16/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/10/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Transportation
Industry: Air transportation, scheduled
Sub-Industry: N/A
Current Symbol: OTCMKTS:ACDVF
Previous Symbol: OTCMKTS:AIDIF
CUSIP: N/A
CIK: N/A
Web: www.aircanada.com
Phone: (514) 422-6644
Fax: N/A
Employees: 35,700
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $30.17
High Stock Price Target: $35.00
Low Stock Price Target: $25.00
Potential Upside/Downside: +112.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.32
Trailing P/E Ratio: 3.29
Forward P/E Ratio: 4.27
P/E Growth: N/A
Net Income: $1.69 billion
Net Margins: 10.47%
Pretax Margin: 10.13%
Return on Equity: -926.55%
Return on Assets: 5.68%

Debt

Debt-to-Equity Ratio: 16.33
Current Ratio: 1.03
Quick Ratio: 0.99

Sales & Book Value

Annual Sales: $16.17 billion
Price / Sales: 0.31
Cash Flow: $7.56 per share
Price / Cash Flow: 1.88
Book Value: $1.64 per share
Price / Book: 8.66

Miscellaneous

Outstanding Shares: 358,480,000
Free Float: N/A
Market Cap: $5.09 billion
Optionable: Not Optionable
Beta: 1.94

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Key Executives

Mr. Michael Stewart Rousseau (Age 66)
CEO, President & Director
Comp: $2.87M
Mr. John Di Bert C.A. (Age 52)
CPA, Executive VP & CFO
Comp: $912.02k
Mr. Craig Landry
Executive VP & Chief Operations Officer
Mr. Marc B. Barbeau
Executive VP, Chief Legal Officer & Corporate Secretary
Ms. Arielle Meloul-Wechsler (Age 55)
Executive VP and Chief Human Resources & Public Affairs
Comp: $849.97k
Mr. Melvin Crocker
Chief Information Officer
Valerie Durand
Head of Investor Relations & Corporate Sustainability
Mr. Mark Youssef Nasr
Executive Vice President Marketing & Digital and President of Aeroplan
Mr. John Alec MacLeod (Age 64)
Vice President of Global Sales & Alliances
Mr. Richard Steer
Senior Vice President of Operations & Express Carriers

Key Competitors

View All Competitors

ACDVF Stock Analysis - Frequently Asked Questions

Should I buy or sell Air Canada stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Air Canada in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ACDVF shares.
View ACDVF analyst ratings or view top-rated stocks.
What is Air Canada's stock price target for 2024?: 1 Wall Street analysts have issued 12 month price targets for Air Canada's stock. Their ACDVF share price targets range from $25.00 to $35.00. On average, they expect the company's stock price to reach $30.17 in the next twelve months. This suggests a possible upside of 112.3% from the stock's current price.
View analysts price targets for ACDVF or view top-rated stocks among Wall Street analysts.
How have ACDVF shares performed in 2024?: Air Canada's stock was trading at $14.12 at the beginning of the year. Since then, ACDVF stock has increased by 0.6% and is now trading at $14.21.
View the best growth stocks for 2024 here.
Are investors shorting Air Canada?: Air Canada saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 2,914,600 shares, a decline of 28.7% from the March 15th total of 4,086,200 shares. Based on an average trading volume of 162,700 shares, the days-to-cover ratio is presently 17.9 days.
View Air Canada's Short Interest.

When is Air Canada's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, May 10th 2024.
View our ACDVF earnings forecast.
How were Air Canada's earnings last quarter?: Air Canada (OTCMKTS:ACDVF) announced its quarterly earnings data on Friday, February, 16th. The company reported ($0.09) EPS for the quarter. The business earned $3.80 billion during the quarter. Air Canada had a negative trailing twelve-month return on equity of 926.55% and a net margin of 10.47%.
How do I buy shares of Air Canada?: Shares of ACDVF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:ACDVF) was last updated on 4/18/2024 by MarketBeat.com Staff

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Air Canada (ACDVF) Stock Price, News & Analysis

Air Canada MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Air Canada Stock (OTCMKTS:ACDVF)

ACDVF Stock Price History

ACDVF Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

ACDVF Stock Analysis - Frequently Asked Questions

Overall MarketRank^™