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

Air Canada (OTCMKTS:ACDVF) has been given a consensus rating of “Hold” by the nine research firms that are currently covering the company, Marketbeat.com reports. Six investment analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of research firms recently weighed in on ACDVF. Zacks Research raised shares of Air Canada from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 19th. National Bank Financial raised shares of Air Canada from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 7th. Scotiabank reiterated a “sector perform” rating on shares of Air Canada in a research report on Thursday, July 16th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Air Canada in a research report on Wednesday, July 8th.

Air Canada Price Performance

Shares of ACDVF stock opened at $16.09 on Monday. The stock has a 50-day moving average price of $16.08 and a 200 day moving average price of $14.67. The company has a quick ratio of 0.53, a current ratio of 0.56 and a debt-to-equity ratio of 3.32. The firm has a market cap of $4.51 billion, a price-to-earnings ratio of 8.70, a PEG ratio of 0.58 and a beta of 1.42. Air Canada has a 12 month low of $12.03 and a 12 month high of $17.96.

Air Canada (OTCMKTS:ACDVF) last released its earnings results on Thursday, April 30th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.29) by $0.25. The company had revenue of $4.16 billion for the quarter, compared to the consensus estimate of $3.96 billion. Air Canada had a net margin of 3.45% and a return on equity of 27.71%. Research analysts expect that Air Canada will post 0.85 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.