Scotiabank Estimates Air Canada’s FY2025 Earnings (TSE:AC)

Air Canada (TSE:AC) – Equities research analysts at Scotiabank lifted their FY2025 earnings estimates for shares of Air Canada in a research report issued to clients and investors on Friday, January 23rd. Scotiabank analyst K. Gupta now anticipates that the company will post earnings per share of $1.11 for the year, up from their prior forecast of $1.03. Scotiabank has a “Outperform” rating and a $26.50 price objective on the stock. The consensus estimate for Air Canada’s current full-year earnings is $2.58 per share. Scotiabank also issued estimates for Air Canada’s FY2026 earnings at $1.40 EPS and FY2027 earnings at $1.90 EPS.

Air Canada (TSE:AC) last released its earnings results on Tuesday, November 4th. The company reported C$0.75 EPS for the quarter. Air Canada had a net margin of 11.57% and a return on equity of 177.01%. The firm had revenue of C$5.77 billion for the quarter.

Other research analysts also recently issued research reports about the stock. Royal Bank Of Canada set a C$25.00 price objective on shares of Air Canada and gave the company an “outperform” rating in a report on Tuesday, November 25th. UBS Group upgraded Air Canada to a “hold” rating in a research report on Tuesday, November 18th. CIBC increased their price target on Air Canada from C$23.00 to C$24.00 in a research note on Wednesday, January 21st. National Bankshares raised their price target on Air Canada from C$23.00 to C$24.00 and gave the company a “sector perform” rating in a report on Wednesday, January 14th. Finally, BMO Capital Markets reduced their price objective on Air Canada from C$28.00 to C$27.00 in a research note on Thursday, October 9th. Eight research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Air Canada has a consensus rating of “Moderate Buy” and an average price target of C$24.42.

Air Canada Stock Performance

AC opened at C$19.36 on Monday. The company has a debt-to-equity ratio of 400.00, a quick ratio of 1.06 and a current ratio of 0.92. The stock has a market capitalization of C$5.73 billion, a price-to-earnings ratio of -28.06, a PEG ratio of 0.02 and a beta of 1.75. The company has a fifty day moving average of C$19.09 and a 200 day moving average of C$19.17. Air Canada has a fifty-two week low of C$12.69 and a fifty-two week high of C$23.72.

Air Canada Company Profile

Air Canada is Canada’s largest airline, generally serving nearly 50 million passengers each year together with its regional partners. Air Canada is a sixth freedom airline, similar to Gulf carriers, which flies many U.S. nationals on long-haul trips with a layover in Canada. In 2019, the company generated CAD 19 billion in total revenue.