What is Air Canada's (AC) stock price today?
What is Air Canada (AC.TO)'s stock price today? One share of AC stock can currently be purchased for approximately C$27.50.
What is the ticker symbol for Air Canada?
Air Canada trades on the Toronto Stock Exchange (TSX) under the ticker symbol "AC." How do I buy shares of Air Canada? Shares of AC and other Canadian stocks can be purchased through an online brokerage account.
What is the upside for Air Canada's stock?
Their forecasts range from C$24.00 to C$34.00. On average, they expect Air Canada's share price to reach C$29.06 in the next twelve months. This suggests a possible upside of 32.6% from the stock's current price. View analysts' price targets for Air Canada or view top-rated stocks among Wall Street analysts.
What are analysts'1-year price targets for Air Canada?
9 Wall Street analysts have issued 1-year price objectives for Air Canada's stock. Their forecasts range from C$20.00 to C$35.00. On average, they expect Air Canada's stock price to reach C$28.17 in the next year. This suggests a possible upside of 4.3% from the stock's current price.
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What was the highest price for Air Canada stock?
26.80Key Turning Points52-Week High26.80Fibonacci 50%21.18Fibonacci 38.2%19.86Last Price17.1152-Week Low15.571 more row
What is the target price for Air Canada stock?
Stock Price Target ACHigh$35.00Median$29.00Low$19.00Average$27.13Current Price$16.64
Is it a good time to buy Air Canada stock?
Should I buy Air Canada stock? While Air Canada's share price has recently fallen, analysts indicate that the stock is undervalued. Therefore, it may be worth buying these shares in 2022 at a low price to take advantage of the bullish recovery announced by the group.
Is Air Canada a buy or sell?
Air Canada has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 9 buy ratings, 6 hold ratings, and no sell ratings.
Why are Air Canada shares dropping?
Air Canada shares dropped after the company said that it will make “meaningful” reductions to its summer flight schedule in order to quickly bring passenger volumes down to a manageable level.
Is AC a buy stock?
Is Air Canada a buy or a sell? In the last year, 27 stock analysts published opinions about AC-T. 18 analysts recommended to BUY the stock. 7 analysts recommended to SELL the stock.
What Canadian stocks should I buy?
Top Canadian Bank Stock PicksBank NameTickerPrice/Fair ValueThe Toronto-Dominion BankTD0.86%Royal Bank of CanadaRY0.88%Bank of MontrealBMO0.84%Bank of Nova ScotiaBNS0.88%2 more rows•Jul 4, 2022
Is Suncor a good stock to buy?
Should you buy Suncor stock? Suncor is generating significant profits at current oil prices. The company reported strong Q1 2022 results that indicate the margins being enjoyed in this environment. Suncor generated record funds from operations of $4.1 billion in the first quarter.
When did Air Canada go public?
In 1988 Air Canada was privatized, and 43% of shares were sold on the public market, with the initial public offering completed in October of that year. By this time, long-haul rival CP Air had become Canadian Airlines International following its acquisition by Pacific Western Airlines.
What is Westjet stock price?
30.99Minimum 15 Minutes Delay....Day Change.Last Close30.9952-Wk Range16.71 - 31.00Yield %1.812 more rows
Is Air Transat stock a good buy?
Should I buy Air Transat stock? Air Transat is not a stock to choose if you are looking for a yield stock, but it can be an interesting growth stock. Although the airline does not pay dividends to its shareholders, analysts expect its share price to rise in the medium-term, which could mean a capital gain for you.
Is AC a buy Zacks?
Zacks' proprietary data indicates that Air Canada is currently rated as a Zacks Rank 3 and we are expecting an inline return from the ACDVF shares relative to the market in the next few months.
Is Transat a good buy?
Should I buy Air Transat stock? Air Transat is not a stock to choose if you are looking for a yield stock, but it can be an interesting growth stock. Although the airline does not pay dividends to its shareholders, analysts expect its share price to rise in the medium-term, which could mean a capital gain for you.
What is Westjet stock price?
30.99Minimum 15 Minutes Delay....Day Change.Last Close30.9952-Wk Range16.71 - 31.00Yield %1.812 more rows
How do I buy Air Canada stock?
How to buy stocks in Air CanadaCompare stock trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.
Should I buy or sell Air Canada stock right now?
14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Air Canada in the last year. There are currently 6 hold...
What is Air Canada's stock price forecast for 2022?
14 equities research analysts have issued 12-month price objectives for Air Canada's shares. Their forecasts range from C$24.00 to C$35.00. On aver...
How has Air Canada's stock performed in 2022?
Air Canada's stock was trading at C$21.13 on January 1st, 2022. Since then, AC shares have decreased by 4.2% and is now trading at C$20.25. View t...
When is Air Canada's next earnings date?
Air Canada is scheduled to release its next quarterly earnings announcement on Friday, July 22nd 2022. View our earnings forecast for Air Canada .
Is Air Canada a good dividend stock?
Air Canada(TSE:AC) pays an annual dividend of C$0.20 per share and currently has a dividend yield of 0.00%.
Who are Air Canada's key executives?
Air Canada's management team includes the following people: Mr. Michael Stewart Rousseau , CEO, Pres & Director (Age 64, Pay $500k) Mr. Amos S....
Who are some of Air Canada's key competitors?
Some companies that are related to Air Canada include Deutsche Lufthansa (LHA) , easyJet (EZJ) , Wizz Air (WIZZ) , Exchange Income (EIF) , Cho...
What other stocks do shareholders of Air Canada own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Air Canada investors own include Intact Financial (IFC) ,...
What is Air Canada's stock symbol?
Air Canada trades on the Toronto Stock Exchange (TSX) under the ticker symbol "AC."
What is the ticker symbol for Air Canada?
Air Canada trades on the Toronto Stock Exchange (TSX) under the ticker symbol "AC."
When will Air Canada release its earnings?
Air Canada is scheduled to release its next quarterly earnings announcement on Monday, November 8th 2021. View our earnings forecast for Air Canada.
What is Air Canada?
Air Canada provides domestic, U.S. transborder, and international airline services. It offers scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand name in the Canadian market, the Canada-U.S. transborder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers. As of December 31, 2020, the company operated a fleet of 169 aircraft under the Air Canada mainline brand name comprising 91 Boeing and Airbus narrow-body aircraft, and 78 Boeing and Airbus wide-body aircraft; 136 aircraft under the Air Canada Express brand name, including 49 Bombardier regional jets, 62 De Havilland Dash-8 turboprop aircraft, and 25 Embraer 175 aircraft; and 39 aircraft under the Air Canada Rouge brand name consisting of 14 Airbus A321 aircraft, 5 Airbus A320 aircraft, and 20 Airbus A319 aircraft. It also provides air cargo services in domestic and U.S. transborder routes, as well as on international routes between Canada and markets in Europe, Asia, South America, and Australia. In addition, the company operates, develops, markets, and distributes vacation travel packages in the Caribbean, Mexico, the United States, Europe, Central and South America, South Pacific, Australia, and Asia; offers cruise packages in North America, Europe, and the Caribbean; and provides travel loyalty programs. Air Canada was founded in 1937 and is headquartered in Saint-Laurent, Canada.
What is the rating of Air Canada?
Air Canada has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 3 buy ratings, 7 hold ratings, and no sell ratings.
Why is Air Canada's PEG ratio not calculated?
Due to a projected decrease in earnings for Air Canada, their PEG ratio cannot be calculated.
Does Air Canada pay dividends?
Air Canada does not currently pay a dividend.
Air Canada is part of a capital-intensive business
The dreaded virus has impacted several other industries, including REITs, retail, banks, and energy. However few sectors are as capital heavy as airlines. Air Canada is in fact burning $22 million per day despite a significant decline in sales. Analysts expect the pandemic to impact Air Canada sales by 82% in the June quarter.
The Foolish takeaway
AC is a heavyweight and is critical to Canada’s airline sector. Despite cost-saving measures, however, the company can go bankrupt given its capital-intensive business and high debt levels.
Where does Air Canada fly?
The Canadian airline said Monday the cargo-only trips will primarily fly out of Toronto starting in October and connect the city to Miami, Quito, Ecuador, Lima, Peru and Mexico City. The new flights will also be mark Air Canada's first cargo trips to Guadalajara, Mexico. The company said last year it would convert several of its retired Boeing 767 passenger aircraft
What is the fine for Air Canada?
The U.S. Transportation Department said on Tuesday it was seeking a $25.5 million fine from Air Canada over the carrier’s failure to provide timely refunds requested by thousands of customers for flights to or from the United States. The department said it filed a formal complaint with a U.S. administrative law judge over flights Air Canada canceled or significantly changed. The penalty is "intended to deter Air Canada and other carriers from committing similar violations in the future," the department said, adding Air Canada continued its no-refund policy in violation of U.S. law for more than a year.
What is the ticker symbol for Air Canada?
Air Canada trades on the OTCMKTS under the ticker symbol "ACDVF."
When will Air Canada release its earnings?
Air Canada is scheduled to release its next quarterly earnings announcement on Friday, July 23rd 2021. View our earnings forecast for Air Canada.
What is the P/E ratio of Air Canada?
The P/E ratio of Air Canada is -1.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
What is Air Canada?
Air Canada provides airline transportation services. It engages in full-service airline, scheduled passenger and cargo services, serving more than two hundred airports on six continents. It operates through the following geographical segments: Canada, U.S. Transborder, Atlantic, Pacific, and Other. The company was founded on April 11, 1936 and is headquartered in Saint-Laurent, Canada.
Does Air Canada pay dividends?
Air Canada does not currently pay a dividend.
How much did Air Canada gain in 2020?
The stock began to increase in its value each year. By January 2020, Air Canada managed to gain more than 5,839% of its value to climb as high as $52.71 per share. The onset of COVID-19 and government-mandated lockdowns, however, entirely changed the picture.
Is Air Canada stock up in 2020?
Since hitting its 52-week low of $9.26 per share in March 2020, Air Canada seems to be rallying again. The stock is up by more than 46% from its share price in March. In a matter of a few months, it may seem like things are looking up for the airline again.
A history of financial difficulties
In the aftermath of the early 2000s recession, Air Canada faced a number of financial difficulties. Prior to the recession, the company had entered bankruptcy protection because of $14 billion worth of debt. Then in 2008, the company nearly tripled its pension deficit, which reached as high as $3.2 billion that year (up from $1.2 billion in 2007).
Dramatic turnaround
At one point, it looked like Air Canada was pretty much finished. Faced with mounting debt, bankruptcy, and increasing pension obligations, the company was in a tough place. However, it managed to start turning things around.
Return to profitability
In 2012, Air Canada posted after-tax net income of $131 million after four consecutive years of net losses. The company grew its earnings every year after that, until in 2017, it posted $2 billion in net income on $14 billion in revenue.