Air Canada (OTCMKTS:ACDVF) Receives Average Recommendation of “Hold” from Analysts

Shares of Air Canada (OTCMKTS:ACDVF) have been given a consensus rating of “Hold” by the nine analysts that are presently covering the company, MarketBeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

Several research analysts have recently issued reports on the stock. Canaccord Genuity Group downgraded shares of Air Canada from a “strong-buy” rating to a “hold” rating in a report on Friday, March 13th. ATB Cormark Capital Markets downgraded Air Canada from a “strong-buy” rating to a “moderate buy” rating in a report on Monday, February 16th. Jefferies Financial Group restated a “hold” rating on shares of Air Canada in a research report on Sunday, February 15th. Scotiabank downgraded Air Canada from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 10th. Finally, Raymond James Financial cut Air Canada from a “moderate buy” rating to a “hold” rating in a report on Tuesday, February 17th.

Trending Headlines about Air Canada

Here are the key news stories impacting Air Canada this week:

• Positive Sentiment: Audio released from the incident includes an air‑traffic‑control admission — “I messed up” — which could shift regulatory and legal scrutiny away from the airline/operator if ATC error is confirmed. Air Canada Crash Audio Captures Controller’s Tragic Admission: ‘I Messed Up’
• Neutral Sentiment: Air Canada issued an official update confirming the flight (AC8646) was operated by Jazz Aviation (CRJ‑900), listing passenger/crew counts and saying it is cooperating with authorities — useful for investors assessing operational vs. parent liability. Air Canada Provides Update on Air Canada Express Flight AC8646
• Negative Sentiment: Multiple outlets report two fatalities (the two pilots), numerous injuries and heavy damage to the aircraft — a high‑severity event that creates potential for large insurance claims, lawsuits, regulatory investigations and reputational damage. Live updates: Flights resume after 2 dead, dozens injured in Air Canada crash at LaGuardia
• Negative Sentiment: LaGuardia was closed/ground‑stopped and US travel disruptions are expected to persist for days — the incident may trigger short‑term revenue/performance impacts on regional routes and elevated operational costs. Deadly runway collision at LaGuardia set to disrupt US air travel for days (updated)
• Negative Sentiment: Video/CCTV and reporting showing the impact speed and damage increase headline risk and public attention, which could amplify regulatory scrutiny and brand damage for Air Canada and its regional partner. Air Canada Crash Video Shows Plane Striking Fire Truck at 104 mph

Air Canada Price Performance

ACDVF stock opened at $13.02 on Tuesday. The company has a 50 day simple moving average of $14.11 and a 200 day simple moving average of $13.68. The stock has a market cap of $3.82 billion, a price-to-earnings ratio of 8.98, a P/E/G ratio of 0.24 and a beta of 1.39. Air Canada has a 1 year low of $8.56 and a 1 year high of $17.25. The company has a debt-to-equity ratio of 3.32, a current ratio of 0.56 and a quick ratio of 0.53.

Air Canada (OTCMKTS:ACDVF) last issued its earnings results on Thursday, February 12th. The company reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.27. Air Canada had a net margin of 2.92% and a return on equity of 22.50%. The firm had revenue of $4.19 billion for the quarter, compared to analyst estimates of $5.56 billion. 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.