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

Air Canada (OTCMKTS:ACDVF) has received an average rating of “Hold” from the eight analysts that are currently covering the company, MarketBeat.com reports. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company.

ACDVF has been the topic of a number of research reports. UBS Group raised shares of Air Canada to a “hold” rating in a research note on Tuesday, November 18th. Zacks Research upgraded Air Canada from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 27th. Raymond James Financial lowered Air Canada from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, February 17th. ATB Cormark Capital Markets downgraded Air Canada from a “strong-buy” rating to a “moderate buy” rating in a research note on Monday, February 16th. Finally, Scotiabank reiterated an “outperform” rating on shares of Air Canada in a report on Tuesday, February 17th.

Air Canada Price Performance

Shares of Air Canada stock opened at $15.37 on Friday. The stock has a market capitalization of $4.51 billion, a P/E ratio of 10.60, a PEG ratio of 0.29 and a beta of 1.44. The business has a 50 day simple moving average of $14.35 and a two-hundred day simple moving average of $13.76. Air Canada has a 12 month low of $8.56 and a 12 month high of $17.25. 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 (OTCMKTS:ACDVF) last posted its quarterly earnings data on Thursday, February 12th. The company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.20 by $0.27. Air Canada had a return on equity of 24.22% and a net margin of 2.92%.The firm had revenue of $4.19 billion during the quarter, compared to the consensus estimate of $5.56 billion. As a group, analysts predict that Air Canada will post 1.66 EPS for the current fiscal year.

Air Canada Company Profile

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.