Air Canada (OTCMKTS:ACDVF) Receives Consensus Rating of “Hold” from Analysts

Shares of Air Canada (OTCMKTS:ACDVF) have earned an average rating of “Hold” from the seven brokerages that are covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and two have issued a buy recommendation on the company.

A number of equities analysts have recently commented on ACDVF shares. Scotiabank reissued an “outperform” rating on shares of Air Canada in a research note on Wednesday. Zacks Research lowered Air Canada from a “hold” rating to a “strong sell” rating in a research report on Monday, January 5th. UBS Group upgraded Air Canada to a “hold” rating in a research note on Tuesday, November 18th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Air Canada in a research note on Thursday, October 9th.

Air Canada Stock Performance

OTCMKTS ACDVF opened at $14.16 on Monday. The company has a debt-to-equity ratio of 3.99, a current ratio of 0.59 and a quick ratio of 0.56. Air Canada has a 1-year low of $8.56 and a 1-year high of $17.25. The firm has a market capitalization of $4.17 billion, a P/E ratio of -25.29 and a beta of 1.46. The business’s 50-day simple moving average is $13.77 and its 200-day simple moving average is $13.83.

Air Canada (OTCMKTS:ACDVF) last posted its earnings results on Tuesday, November 4th. The company reported $0.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.01). The business had revenue of $4.15 billion for the quarter, compared to analyst estimates of $5.54 billion. Air Canada had a positive return on equity of 18.22% and a negative net margin of 1.30%. Equities analysts predict that Air Canada will post 1.66 EPS for the current year.

About Air Canada

Air Canada is the largest airline in Canada and one of the leading carriers in North America. Founded in 1937 as Trans-Canada Air Lines and rebranded as Air Canada in 1965, the company operates scheduled passenger and cargo services on six continents. The airline maintains membership in the Star Alliance network, offering seamless connections and coordinated loyalty benefits to travelers worldwide.

Through its mainline operations and subsidiaries—including Air Canada Rouge, Air Canada Cargo and Air Canada Vacations—the company provides a broad range of services.