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Investor Insights

This summary was created by AI, based on 6 opinions in the last 12 months.

Chorus Aviation Inc (CHR-T) has undergone significant changes in recent years, transitioning to a leasing business specializing in smaller planes. While opinions on the stock vary, some experts believe it is undervalued and has the potential to double in the long term. Others are more cautious, citing concerns about its balance sheet and the uncertain future of the airline industry. Overall, there is some positivity surrounding CHR-T, with potential for growth as travel reopens, but also some skepticism about its financial health and performance compared to larger airlines like Air Canada.

Consensus
Mixed
Valuation
Undervalued
COMMENT
Chorus Aviation Inc

It has changed over the past few years. It is in the mid single digit ROE range and the dividend is gone. There are better specialty/leasing businesses to buy. Also TFI would be a better choice on the transportation side.

Transportation & Environmental Services
HOLD
Chorus Aviation Inc

He once owned it. The chart shows declining peaks since 2021, but int he past year shows a higher high and higher low. So, there's some potential. If it challenges its last peak of $3.50, it's a good sign. Are definitely some positives in this stock, so hold on and see if it breaks out.

Transportation & Environmental Services
BUY
Chorus Aviation Inc

Converted to a leasing business of planes smaller than most major airlines use, one of the major players in the world in that space. Using cashflow to pay down debt. Talk of reinstating dividend, perhaps in 2 years. Dirt cheap. Buy it, put it away, it could be a double, though it may take a while. Undervalued.

Transportation & Environmental Services
PAST TOP PICK
Chorus Aviation Inc
(A Top Pick Mar 23/22, Down 24%)

Acquisition looked accretive, but it hasn't unfolded as anticipated. A satellite position, rather than core. The name will work. Stick with it. Pick it up cheap, but don't run out to buy. Breakup value is $5.50.

Transportation & Environmental Services
WATCH
Chorus Aviation Inc

Their economic book value falls below his standards. The market is suspicious of its balance sheet. He is watching this, not buying it. We'll see what happens with airlines this coming year.

Transportation & Environmental Services
BUY
Chorus Aviation Inc

Like the larger AC, these shares have come off but are seeing a bounce. The reopening of more and more travel will benefit CHR. However, North American fundamentals in airlines may not be as strong as Asian or Europe. CHR could see less performance than the larger and more global Air Canada, but this bounce in CHR should continue for the next little while.

Transportation & Environmental Services
BUY ON WEAKNESS
Chorus Aviation Inc

Long term is a good investment, but not good for short term investors.
Re-opening of travel economy will be good for business.
Aviation industry recovering strongly.
Waiting to see how business performs in the near future. 

Transportation & Environmental Services
DON'T BUY
Chorus Aviation Inc

Dividend model spin out of Air Canada.
Airline leasing business very hard on company.
Dividend elimination very tough on investor confidence.
Unsure of future of dividend restoration .
Would not buy.

Transportation & Environmental Services
DON'T BUY
Chorus Aviation Inc

Exposure to airline business without major airline liability.
Large dividends provide value in the past (suspended right now).
Better names to get exposure to increased travel activity.


Transportation & Environmental Services
TRADE
Chorus Aviation Inc
Its operations include running the JAZZ offering of Air Canada. He has traded it in their aggressive platform and it has been a good trading stock for the past few years. Probably a good trader now - sell at $5.
Transportation & Environmental Services
PARTIAL BUY
Chorus Aviation Inc
Allan Tong’s Discover Picks Bay Street is giving CHR stock the benefit of the doubt with six buys and no holds or sells. The $4.60 price target is a far cry from Nov. 14’s close of $3.09, so the street is aiming high. Will they be right? Consider this a partial buy and watch CHR stock before making the next move. Chrous pays no dividend. Read 3 Oversold Stocks to Take Advantage of for our full analysis.
Transportation & Environmental Services
SELL
Chorus Aviation Inc
The regional air carrier for Air Canada (Jazz Airlines). They just made a big purchase of Falco Aircraft Services, adding 100 planes. Air Canada isn't doing well. Doesn't bode well for Chrous, down stream. However, smart-money BAM did give CHR a ringing endorsement. He loves BAM, but disagrees. Avoid airlines if there's a recession coming, and households are tightening their belts.
Transportation & Environmental Services
TRADE
Chorus Aviation Inc
It is a play on the re-opening trade. There are opportunities for long term investors but you have to be confident that we'll get through a recession. Air Canada is at a very attractive valuation. October/November should see improvement in the airlines. Buy in small quantities.
Transportation & Environmental Services
Unspecified
Chorus Aviation Inc
It is earning enough to re-instate the dividend but management would like to accumulate retained earnings for now due to the balance sheet not being quite where they want it. Trading close to book value. Based on current earnings the fair market value is 100% above the price. If it goes above the price then has great upside. It has some rebuilding to do. There is an improvement in the general airlines situation.
Transportation & Environmental Services
TOP PICK
Chorus Aviation Inc
Riskier bet. A satellite position, not core. Trying to do an acquisition along with Brookfield. Where Brookfield goes, that's where you want to look. Trades at 6.7x 2023 earnings, growth of 16%. Price to growth is very attractive. Aviation recovery play. Don't own forever, as it's cyclical, but the time is now for some nice capital appreciation. No dividend. (Analysts’ price target is $5.71)
Transportation & Environmental Services
Showing 1 to 15 of 223 entries

Chorus Aviation Inc(CHR-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 4

Stockchase rating for Chorus Aviation Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Chorus Aviation Inc(CHR-T) Frequently Asked Questions

What is Chorus Aviation Inc stock symbol?

Chorus Aviation Inc is a Canadian stock, trading under the symbol CHR-T on the Toronto Stock Exchange (CHR-CT). It is usually referred to as TSX:CHR or CHR-T

Is Chorus Aviation Inc a buy or a sell?

In the last year, 4 stock analysts published opinions about CHR-T. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Chorus Aviation Inc.

Is Chorus Aviation Inc a good investment or a top pick?

Chorus Aviation Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Chorus Aviation Inc.

Why is Chorus Aviation Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Chorus Aviation Inc worth watching?

4 stock analysts on Stockchase covered Chorus Aviation Inc In the last year. It is a trending stock that is worth watching.

What is Chorus Aviation Inc stock price?

On 2024-03-01, Chorus Aviation Inc (CHR-T) stock closed at a price of $2.07.