Air Canada (OTCMKTS:ACDVF) Receives Consensus Rating of “Hold” from Brokerages

Shares of Air Canada (OTCMKTS:ACDVF) have earned a consensus recommendation of “Hold” from the nine brokerages that are covering the stock, MarketBeat Ratings reports. Six analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company.

Several research analysts have recently commented on the company. Zacks Research raised Air Canada from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 19th. Scotiabank reaffirmed a “sector perform” rating on shares of Air Canada in a report on Thursday, July 16th. BMO Capital Markets reissued an “outperform” rating on shares of Air Canada in a report on Wednesday, July 8th. Finally, National Bank Financial raised Air Canada from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 7th.

Air Canada Price Performance

OTCMKTS:ACDVF opened at $16.52 on Monday. Air Canada has a one year low of $12.03 and a one year high of $17.96. The company has a debt-to-equity ratio of 3.32, a current ratio of 0.56 and a quick ratio of 0.53. The stock has a market cap of $4.63 billion, a P/E ratio of 8.93, a PEG ratio of 0.48 and a beta of 1.42. The company has a fifty day moving average price of $16.17 and a 200 day moving average price of $14.69.

Air Canada (OTCMKTS:ACDVF) last posted its quarterly earnings results on Thursday, April 30th. The company reported ($0.04) EPS for the quarter, beating the consensus estimate of ($0.29) by $0.25. The firm had revenue of $4.16 billion during the quarter, compared to analysts’ expectations of $3.96 billion. Air Canada had a return on equity of 27.71% and a net margin of 3.45%. Analysts anticipate that Air Canada will post 1.03 earnings per share 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.