FY2024 EPS Forecast for Chorus Aviation Decreased by Analyst

Chorus Aviation Inc. (TSE:CHR) – National Bank Financial dropped their FY2024 earnings per share (EPS) estimates for Chorus Aviation in a research report issued to clients and investors on Monday, February 10th. National Bank Financial analyst C. Doerksen now expects that the company will post earnings per share of $1.09 for the year, down from their previous forecast of $1.12. The consensus estimate for Chorus Aviation’s current full-year earnings is $0.30 per share. National Bank Financial also issued estimates for Chorus Aviation’s Q4 2024 earnings at $0.46 EPS, FY2025 earnings at $1.93 EPS and FY2026 earnings at $1.35 EPS.

Other equities analysts have also recently issued reports about the stock. CIBC boosted their target price on shares of Chorus Aviation from C$3.25 to C$3.80 in a research note on Friday, November 8th. TD Securities upped their price objective on shares of Chorus Aviation from C$24.00 to C$25.00 and gave the stock a “hold” rating in a research report on Tuesday. BMO Capital Markets raised their target price on Chorus Aviation from C$3.00 to C$3.75 in a research report on Friday, November 29th. Finally, Canaccord Genuity Group upped their price target on Chorus Aviation from C$2.50 to C$3.10 and gave the stock a “hold” rating in a report on Wednesday, October 23rd. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$5.84.

Chorus Aviation Trading Up 0.1 %

Chorus Aviation stock opened at C$19.36 on Thursday. The firm has a market cap of C$3.70 billion, a PE ratio of 84.17, a P/E/G ratio of 0.65 and a beta of 2.14. Chorus Aviation has a 12 month low of C$13.93 and a 12 month high of C$24.08. The stock’s 50 day simple moving average is C$3.65 and its two-hundred day simple moving average is C$3.14. The company has a current ratio of 1.45, a quick ratio of 0.53 and a debt-to-equity ratio of 60.07.

Chorus Aviation Company Profile

Chorus Aviation Inc, through its subsidiaries, provides aviation solutions. It operates through Regional Aviation Services and Regional Aircraft Leasing segments. The Regional Aviation Services segment provides contract flying services, charter services, and specialized contract flying, such as medical, logistical, and humanitarian flights; aircraft leasing; and maintenance, repair and overhaul services, and part sales and technical services, as well as pilot training services.