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

Shares of Air Canada (OTCMKTS:ACDVF) have earned a consensus rating of “Hold” from the seven ratings firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating on the company.

Several equities analysts have issued reports on ACDVF shares. BMO Capital Markets restated an “outperform” rating on shares of Air Canada in a research note on Thursday, October 9th. National Bankshares cut shares of Air Canada from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, September 23rd. UBS Group upgraded Air Canada to a “hold” rating in a research note on Tuesday, November 18th. Finally, National Bank Financial downgraded shares of Air Canada from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 23rd.

Air Canada Stock Performance

Shares of Air Canada stock opened at $14.41 on Thursday. The firm’s 50-day moving average is $13.51 and its 200 day moving average is $13.94. The stock has a market cap of $4.26 billion, a price-to-earnings ratio of -25.73 and a beta of 1.46. Air Canada has a 1 year low of $8.56 and a 1 year 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 released its quarterly earnings data on Tuesday, November 4th. The company reported $0.55 EPS for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.01). The business had revenue of $4.15 billion during the quarter, compared to analysts’ expectations of $5.54 billion. Air Canada had a negative net margin of 1.30% and a positive return on equity of 18.22%. Sell-side analysts anticipate 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.