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

Air Canada (OTCMKTS:ACDVF) has been given a consensus rating of “Hold” by the nine research firms that are covering the stock, MarketBeat.com reports. Seven analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

ACDVF has been the topic of several recent research reports. Zacks Research upgraded shares of Air Canada from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 19th. Scotiabank cut shares of Air Canada from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 10th. Finally, Canaccord Genuity Group cut shares of Air Canada from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 13th.

Air Canada Stock Up 0.9%

Shares of OTCMKTS ACDVF opened at $17.20 on Thursday. The firm’s 50-day moving average price is $14.80 and its 200-day moving average price is $14.23. The company has a current ratio of 0.56, a quick ratio of 0.53 and a debt-to-equity ratio of 3.32. The stock has a market capitalization of $4.82 billion, a price-to-earnings ratio of 9.30, a P/E/G ratio of 0.70 and a beta of 1.43. Air Canada has a 12-month low of $12.03 and a 12-month high of $17.40.

Air Canada (OTCMKTS:ACDVF) last announced its earnings results on Thursday, April 30th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.29) by $0.25. The firm had revenue of $4.16 billion for the quarter, compared to analysts’ expectations of $3.96 billion. Air Canada had a net margin of 3.45% and a return on equity of 27.71%. On average, equities research analysts anticipate that Air Canada will post 0.75 EPS for the current fiscal year.

Air Canada Company Profile

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.