AC:TSX-Air Canada (CAD)

COMMON STOCK | Airlines | TSX

Last Closing Price

CAD 17.07

Change

-0.40 (-2.29)%

Market Cap

CAD 6.25B

Volume

2.70M

Avg Analyst Target

CAD 28.55 (+67.23%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


AC Stock Forecast & Price:
Based on the Air Canada stock forecasts from 14 analysts, the average analyst target price for Air Canada is CAD 28.55 over the next 12 months. Air Canada’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Air Canada is Bearish, which is based on 2 positive signals and 8 negative signals. At the last closing, Air Canada’s stock price was CAD 17.07. Air Canada’s stock price has changed by -2.96% over the past week, -23.28% over the past month and -33.71% over the last year.

About Air Canada (AC:CA:TSX)

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 ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-06-29 )

Largest Industry Peers for Airlines

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
EIF:CA Exchange Income Corporation

-0.50 (-1.17%)

CAD1.65B 25.53 8.69

ETFs Containing AC:CA

Symbol Name Weight Mer Price(Change) Market Cap
QXM:CA First Asset Morningstar N.. 0.00 % 0.57 %

N/A

CAD0.07B
DIAL Columbia Diversified Fixe.. 0.00 % 0.28 %

+0.01 (+0.06%)

CAD0.79B

Market Performance

  Market Performance vs.
Industry/Classification (Airlines)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -19.21% 50% F 30% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -19.21% 50% F 29% F
Trailing 12 Months  
Capital Gain -33.06% 50% F 14% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -33.06% 50% F 13% F
Trailing 5 Years  
Capital Gain -1.78% 50% F 47% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -1.78% 50% F 33% F
Average Annual (5 Year Horizon)  
Capital Gain 11.50% 100% A+ 72% C-
Dividend Return N/A N/A N/A N/A N/A
Total Return 11.50% 50% F 69% D+
Risk Return Profile  
Volatility (Standard Deviation) 49.21% 50% F 18% F
Risk Adjusted Return 23.38% 50% F 35% F
Market Capitalization 6.25B 100% A+ 85% B
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Airlines)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 89.39 50% F 6% F
Price/Book Ratio 906.93 50% F 0% N/A
Price / Cash Flow Ratio -4.00 100% A+ 79% C+
EV/EBITDA 11.91 50% F 36% F
Management Effectiveness  
Return on Equity -417.87% 50% F 2% F
Return on Invested Capital -20.43% 50% F 11% F
Return on Assets -5.36% 50% F 16% F
Debt to Equity Ratio N/A 50% F 0% N/A
Technical Ratios  
Dividend Yield N/A N/A N/A N/A N/A
Short Ratio 3.83 100% A+ 42% F
Short Percent 3.30% 50% F 24% F
Beta 2.42 50% F 7% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.