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

Air Canada (OTCMKTS:ACDVF) has received an average recommendation of “Hold” from the seven analysts that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company.

A number of research firms recently commented on ACDVF. BMO Capital Markets reiterated an “outperform” rating on shares of Air Canada in a research note on Thursday, October 9th. Zacks Research downgraded Air Canada from a “hold” rating to a “strong sell” rating in a report on Monday. National Bank Financial downgraded Air Canada from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 23rd. UBS Group raised Air Canada to a “hold” rating in a research report on Tuesday, November 18th. Finally, National Bankshares downgraded shares of Air Canada from an “outperform” rating to a “sector perform” rating in a report on Tuesday, September 23rd.

Air Canada Stock Down 2.6%

Shares of OTCMKTS:ACDVF opened at $14.18 on Thursday. The firm has a market cap of $4.19 billion, a PE ratio of -25.32 and a beta of 1.46. The company has a fifty day simple moving average of $13.59 and a 200 day simple moving average of $13.96. The company has a current ratio of 0.59, a quick ratio of 0.56 and a debt-to-equity ratio of 3.99. Air Canada has a 12-month low of $8.56 and a 12-month high of $17.25.

Air Canada (OTCMKTS:ACDVF) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $0.55 earnings per share for the quarter, missing the consensus estimate 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%. On average, equities research analysts anticipate 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.