FY2027 EPS Estimates for Air Canada Decreased by Scotiabank

Air Canada (OTCMKTS:ACDVF) – Equities researchers at Scotiabank dropped their FY2027 EPS estimates for Air Canada in a note issued to investors on Thursday, February 19th. Scotiabank analyst K. Gupta now forecasts that the company will post earnings per share of $1.37 for the year, down from their previous estimate of $1.38. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Air Canada’s current full-year earnings is $1.66 per share.

Several other analysts have also recently commented on the company. UBS Group raised Air Canada to a “hold” rating in a research report on Tuesday, November 18th. Raymond James Financial downgraded Air Canada from a “moderate buy” rating to a “hold” rating in a report on Tuesday. Jefferies Financial Group reiterated a “hold” rating on shares of Air Canada in a report on Sunday. ATB Cormark Capital Markets cut Air Canada from a “strong-buy” rating to a “moderate buy” rating in a report on Monday. Finally, Zacks Research upgraded Air Canada from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 27th. Three analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Air Canada currently has a consensus rating of “Hold”.

Air Canada Price Performance

ACDVF stock opened at $15.28 on Friday. The company’s fifty day moving average price is $14.31 and its 200-day moving average price is $13.75. The company has a market capitalization of $4.48 billion, a PE ratio of 10.54, a price-to-earnings-growth ratio of 0.32 and a beta of 1.44. The company has a debt-to-equity ratio of 3.99, a quick ratio of 0.56 and a current ratio of 0.59. Air Canada has a one year low of $8.56 and a one year high of $17.25.

Air Canada (OTCMKTS:ACDVF) last released its earnings results on Thursday, February 12th. The company reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.27. The firm had revenue of $4.19 billion during the quarter, compared to the consensus estimate of $5.56 billion. Air Canada had a net margin of 2.92% and a return on equity of 24.22%.

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.