Air Canada (OTCMKTS:ACDVF) Given Consensus Rating of “Hold” by Brokerages

Shares of Air Canada (OTCMKTS:ACDVF) have been given an average rating of “Hold” by the nine ratings firms that are currently covering the stock, Marketbeat Ratings reports. Seven analysts have rated the stock with a hold rating and two have issued a buy rating on the company.

Several research firms recently commented on ACDVF. Canaccord Genuity Group cut Air Canada from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 13th. Scotiabank cut Air Canada from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 10th. ATB Cormark Capital Markets cut Air Canada from a “strong-buy” rating to a “moderate buy” rating in a research report on Monday, February 16th. Raymond James Financial cut Air Canada from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, February 17th. Finally, Zacks Research raised Air Canada from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 19th.

Air Canada Trading Up 0.0%

Air Canada stock opened at $15.35 on Friday. The company has a debt-to-equity ratio of 3.32, a current ratio of 0.56 and a quick ratio of 0.53. Air Canada has a one year low of $12.03 and a one year high of $17.25. The stock has a market capitalization of $4.31 billion, a PE ratio of 8.30, a price-to-earnings-growth ratio of 0.84 and a beta of 1.43. The business’s fifty day moving average is $14.03 and its 200 day moving average is $13.96.

Air Canada (OTCMKTS:ACDVF) last released its quarterly earnings data on Thursday, April 30th. The company reported ($0.04) EPS for the quarter, beating the consensus estimate of ($0.29) by $0.25. Air Canada had a return on equity of 27.71% and a net margin of 3.45%.The company had revenue of $4.16 billion for the quarter, compared to analysts’ expectations of $3.96 billion. On average, sell-side analysts predict that Air Canada will post 0.56 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.