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

Shares of Air Canada (OTCMKTS:ACDVF) have been assigned a consensus recommendation of “Hold” from the seven research firms that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and two have assigned a buy recommendation to the company.

ACDVF has been the subject of several recent analyst reports. BMO Capital Markets reissued an “outperform” rating on shares of Air Canada in a report on Thursday, October 9th. Scotiabank reiterated an “outperform” rating on shares of Air Canada in a research note on Wednesday. UBS Group raised Air Canada to a “hold” rating in a report on Tuesday, November 18th. Finally, Zacks Research cut Air Canada from a “hold” rating to a “strong sell” rating in a research note on Monday, January 5th.

Air Canada Stock Performance

Shares of ACDVF opened at $14.16 on Monday. The firm has a market cap of $4.17 billion, a price-to-earnings ratio of -25.29 and a beta of 1.46. The company has a quick ratio of 0.56, a current ratio of 0.59 and a debt-to-equity ratio of 3.99. The business’s 50 day moving average is $13.77 and its two-hundred day moving average is $13.83. Air Canada has a 52-week low of $8.56 and a 52-week high of $17.25.

Air Canada (OTCMKTS:ACDVF) last released its quarterly earnings results on Tuesday, November 4th. The company reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.01). The company had revenue of $4.15 billion for the quarter, compared to analyst estimates of $5.54 billion. Air Canada had a positive return on equity of 18.22% and a negative net margin of 1.30%. Analysts forecast that Air Canada will post 1.66 EPS for the current fiscal 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.