Stifel Canada Reduces Earnings Estimates for Air Canada

Air Canada (TSE:AC) – Stock analysts at Stifel Canada decreased their FY2026 earnings per share (EPS) estimates for shares of Air Canada in a note issued to investors on Monday, February 17th. Stifel Canada analyst D. Young now anticipates that the company will post earnings per share of $2.59 for the year, down from their prior estimate of $2.98. Stifel Canada has a “Strong-Buy” rating on the stock. The consensus estimate for Air Canada’s current full-year earnings is $2.58 per share.

Other analysts also recently issued reports about the company. ATB Capital raised their target price on Air Canada from C$28.00 to C$31.00 and gave the company an “outperform” rating in a research note on Wednesday, December 18th. Raymond James upgraded Air Canada to a “moderate buy” rating in a research note on Tuesday, December 17th. National Bankshares raised their target price on Air Canada from C$22.00 to C$27.00 in a research note on Monday, November 4th. BMO Capital Markets raised their price target on shares of Air Canada from C$29.00 to C$31.00 in a research report on Wednesday, December 18th. Finally, Citigroup dropped their price target on shares of Air Canada from C$28.50 to C$26.50 and set a “buy” rating on the stock in a research report on Monday, December 30th. Two research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$26.20.

Air Canada Stock Performance

Shares of AC opened at C$17.45 on Thursday. The company has a debt-to-equity ratio of 400.00, a current ratio of 0.92 and a quick ratio of 1.06. The stock has a 50-day moving average of C$20.83 and a 200-day moving average of C$19.36. The company has a market cap of C$6.22 billion, a PE ratio of 2.46, a P/E/G ratio of 0.02 and a beta of 2.39. Air Canada has a one year low of C$14.47 and a one year high of C$26.18.

Insiders Place Their Bets

In related news, Senior Officer Arielle Meloul-Wechsler sold 6,000 shares of Air Canada stock in a transaction that occurred on Thursday, December 19th. The shares were sold at an average price of C$21.71, for a total value of C$130,246.80. Insiders own 0.14% of the company’s stock.

Air Canada Company Profile

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.