How to buy Air Canada (AC) stocks

Air Canada is an airlines business based in Canada. Air Canada shares (AC) are listed on the Toronto Stock Exchange (TSX) and all prices are listed in Canadian Dollars.

Its last market close was C$21.96 – a decrease of 12.3% over the previous week. Air Canada employs 37,100 staff and has a trailing 12-month revenue of around C$22 billion.

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Air Canada stock price (Toronto Stock Exchange (TSX): AC)

Use our graph to track the performance of AC stocks over time.

Air Canada stocks at a glance

• Key figures

Information last updated 2024-12-18.

Latest market close	C$21.96
52-week range	C$14.47 - C$26.18
50-day moving average more info button	C$22.14
200-day moving average more info button	C$18.63
Wall St. target price	C$27.67
PE ratio more info button	3.2402
Dividend yield more info button	N/A
Earnings per share (TTM) more info button	C$6.66

Is it a good time to buy Air Canada stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Dive deeper: Our picks for the best stocks to buy right now in Canada

Air Canada price performance over time

Historical closes compared with the close of C$21.72 from 2024-12-19

1 week (2024-12-13)	-13.26%
1 month (2024-11-21)	-9.35%
3 months (2024-09-20)	36.18%
6 months (2024-06-20)	27.99%

1 year (2023-12-20)	18.82%
2 years (2022-12-20)	11.84%
3 years (2021-12-20)	9.20%
5 years (2019-12-20)	49.7

Is Air Canada stock undervalued or overvalued?

Valuing Air Canada stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Air Canada's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Air Canada's P/E ratio

Air Canada's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 3x. In other words, Air Canada shares trade at around 3x recent earnings.

Air Canada's PEG ratio

Air Canada's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.34. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Air Canada's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Air Canada's EBITDA

Air Canada's EBITDA (earnings before interest, taxes, depreciation and amortisation) is C$2.8 billion.

The EBITDA is a measure of a Air Canada's overall financial performance and is widely used to measure a its profitability.

Air Canada financials

Revenue TTM	C$22 billion
Operating margin TTM	17.03%
Gross profit TTM	C$4 billion
Return on assets TTM	3.31%
Return on equity TTM	139.92%
Profit margin	11.57%
Book value	C$8.63
Market Capitalization more info button	C$7.7 billion
EBITDA more info button	C$2.8 billion

TTM: trailing 12 months

Air Canada stock dividends

We're not expecting Air Canada to pay a dividend over the next 12 months.

Air Canada stock price volatility

Over the last 12 months, Air Canada's stocks have ranged in value from as little as C$14.47 up to C$26.18. A popular way to gauge a stock's volatility is its "beta."

Beta is a measure of a stocks volatility in relation to the market. The market (TO average) beta is 1, while Air Canada's is 2.407. This would suggest that Air Canada's stocks are significantly more volatile than the average for this exchange and represent a higher risk.

Air Canada overview

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. As of December 31, 2023, it operated a fleet of 203 aircraft under the Air Canada brand name comprising 115 Airbus narrow-body aircraft, and 88 Airbus wide-body aircraft; 118 aircraft under the Air Canada Express brand name, including 25 Embraer 175, 15 Mitsubishi CRJ-200, 35 Mitsubishi CRJ-900, and 43 De Havilland Dash 8-400aircraft; and 40 aircraft under the Air Canada Rouge brand name consisting of 17 Airbus A321 aircraft, 5 Airbus A320 aircraft, and 18 Airbus A319 aircraft.

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Frequently asked questions

What percentage of Air Canada is owned by insiders or institutions?
Currently 0.148% of Air Canada stocks are held by insiders and 15.235% by institutions. How many people work for Air Canada?
Latest data suggests 37,100 work at Air Canada. When does the fiscal year end for Air Canada?
Air Canada's fiscal year ends in December. Where is Air Canada based?
Air Canada's address is: 7373 COte-Vertu Boulevard West, Saint-Laurent, QC, Canada What is Air Canada's ISIN number?
Air Canada's international securities identification number is: CA0089118776

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