Q4 2024 EPS Estimates for Chorus Aviation Inc. Reduced by Analyst (TSE:CHR)

Chorus Aviation Inc. (TSE:CHR) – Research analysts at Cormark decreased their Q4 2024 earnings estimates for Chorus Aviation in a research note issued on Thursday, August 15th. Cormark analyst D. Ocampo now forecasts that the company will earn $0.03 per share for the quarter, down from their previous forecast of $0.06. Cormark currently has a “Buy” rating and a $4.05 target price on the stock. The consensus estimate for Chorus Aviation’s current full-year earnings is $0.23 per share.

Several other equities research analysts have also recently issued reports on the stock. Canaccord Genuity Group decreased their target price on shares of Chorus Aviation from C$2.60 to C$2.50 and set a “hold” rating on the stock in a research report on Wednesday, May 8th. TD Securities decreased their price target on shares of Chorus Aviation from C$3.75 to C$3.50 and set a “buy” rating on the stock in a report on Wednesday, July 31st. National Bankshares increased their target price on Chorus Aviation from C$3.65 to C$3.85 in a research report on Thursday. CIBC reduced their target price on Chorus Aviation from C$3.50 to C$3.25 in a report on Thursday. Finally, Scotiabank upped their price target on Chorus Aviation from C$3.00 to C$3.25 in a research note on Wednesday, July 31st. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$3.27.

Chorus Aviation Trading Down 0.8 %

TSE:CHR traded down C$0.02 during mid-day trading on Friday, reaching C$2.54. The company’s stock had a trading volume of 7,959 shares, compared to its average volume of 394,063. Chorus Aviation has a twelve month low of C$1.99 and a twelve month high of C$3.25. The company’s fifty day simple moving average is C$2.50 and its two-hundred day simple moving average is C$2.30. The company has a debt-to-equity ratio of 124.08, a current ratio of 0.67 and a quick ratio of 0.53. The stock has a market cap of C$489.00 million, a P/E ratio of 11.64, a P/E/G ratio of 0.65 and a beta of 2.14.

Chorus Aviation Company Profile

Chorus Aviation Inc, through its subsidiaries, provides aviation solutions. It operates through Regional Aviation Services and Regional Aircraft Leasing segments. The Regional Aviation Services segment provides contract flying services, charter services, and specialized contract flying, such as medical, logistical, and humanitarian flights; aircraft leasing; and maintenance, repair and overhaul services, and part sales and technical services, as well as pilot training services.