Stifel Canada Weighs in on Air Canada FY2026 Earnings

Air Canada (TSE:AC) – Equities researchers at Stifel Canada issued their FY2026 earnings per share (EPS) estimates for shares of Air Canada in a research report issued to clients and investors on Thursday, December 19th. Stifel Canada analyst D. Young forecasts that the company will post earnings of $2.98 per share for the year. Stifel Canada has a “Strong-Buy” rating on the stock. The consensus estimate for Air Canada’s current full-year earnings is $2.58 per share.

AC has been the subject of several other reports. Stifel Nicolaus lifted their price objective on Air Canada from C$25.50 to C$28.00 and gave the stock a “buy” rating in a research report on Friday, December 20th. Canaccord Genuity Group raised their price objective on shares of Air Canada from C$25.00 to C$29.00 in a research report on Monday, November 4th. Citigroup raised their price target on shares of Air Canada from C$21.00 to C$28.50 in a report on Monday, November 18th. Jefferies Financial Group raised their target price on Air Canada from C$18.00 to C$22.00 in a research note on Tuesday, November 5th. Finally, BMO Capital Markets upped their price target on Air Canada from C$29.00 to C$31.00 in a research note on Wednesday, December 18th. Two research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of C$26.67.

Air Canada Stock Performance

Air Canada stock opened at C$22.24 on Monday. Air Canada has a 1 year low of C$14.47 and a 1 year high of C$26.18. The company has a debt-to-equity ratio of 1,070.99, a current ratio of 0.85 and a quick ratio of 1.06. The company has a market capitalization of C$7.97 billion, a P/E ratio of 4.96, a P/E/G ratio of 0.02 and a beta of 2.39. The business has a 50 day moving average of C$22.34 and a 200-day moving average of C$18.56.

Insider Buying and Selling

In other news, Senior Officer Arielle Meloul-Wechsler sold 6,000 shares of the firm’s stock in a transaction dated Thursday, December 19th. The shares were sold at an average price of C$21.71, for a total value of C$130,246.80. 0.14% of the stock is owned by company insiders.

Air Canada Company Profile

Air Canada provides domestic, U.S. transborder, and international airline services. The company provides scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand names 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.