CHR-T
Has had it as a Top Pick in the past. Both their leasing business and Air Canada flights were very hard hit by the pandemic. Their collection rate for leases is at 60%. The Air Canada business gives them steady income though. Undervalued here. A riskier return to work play. 7x earnings, 7x EBITA. Scores well on value but price momentum has been bad until recent news of someone approaching them.
Has had it as a Top Pick in the past. Both their leasing business and Air Canada flights were very hard hit by the pandemic. Their collection rate for leases is at 60%. The Air Canada business gives them steady income though. Undervalued here. A riskier return to work play. 7x earnings, 7x EBITA. Scores well on value but price momentum has been bad until recent news of someone approaching them.
They are in a tough situation with the pandemic. They don't own them at this time. They are in a partnership with Air Canada that provides a block amount of flight time, which was creating great certainty. The other side of their business is the leasing side, which was being looked at fueling growth. It will probably trade up and down with the prognosis of the aviation space.
They are in a tough situation with the pandemic. They don't own them at this time. They are in a partnership with Air Canada that provides a block amount of flight time, which was creating great certainty. The other side of their business is the leasing side, which was being looked at fueling growth. It will probably trade up and down with the prognosis of the aviation space.
They're not exposed to oil prices or currencies. They have a take-or-pay contract with Air Canada, who pay CHR whether AC uses them or not. CHR is Jazz Airlines, an AC regional offset. The dividend is sustainable, above 8%. Input costs won't change much. This stock has sold off, the baby with the bathwater. CHR is like a bond on the health of AC. Their contract runs to 2035.
They're not exposed to oil prices or currencies. They have a take-or-pay contract with Air Canada, who pay CHR whether AC uses them or not. CHR is Jazz Airlines, an AC regional offset. The dividend is sustainable, above 8%. Input costs won't change much. This stock has sold off, the baby with the bathwater. CHR is like a bond on the health of AC. Their contract runs to 2035.
If coronavirus affects Air Canada, it might affect them to some extent, but not significantly. Dividend is OK. Yield is 6.2%. (Analysts’ price target is $9.38)
If coronavirus affects Air Canada, it might affect them to some extent, but not significantly. Dividend is OK. Yield is 6.2%. (Analysts’ price target is $9.38)
He trimmed at $8. They extended their Air Canada contract, but took a cut from total income they'd receive, thus reducing cash flow from that contract every year. That's the trade-off. CHR is offsetting that lost revenue with an aircraft leasing business which is a little riskier. Not his first choice in putting new new money.
He trimmed at $8. They extended their Air Canada contract, but took a cut from total income they'd receive, thus reducing cash flow from that contract every year. That's the trade-off. CHR is offsetting that lost revenue with an aircraft leasing business which is a little riskier. Not his first choice in putting new new money.
One of his largest holdings. They fly Air Canada's regional routes, a deal signed through 2035 and have ratified the pilot agreement. Pays a good 6% yield with a stable free cash flow. Also, they lease regional planes internationally, which adds to growth. They can grow, and they have capital behind the company. Really likes the story. If the coronavirus does pressure this stock, then buy the dip.
One of his largest holdings. They fly Air Canada's regional routes, a deal signed through 2035 and have ratified the pilot agreement. Pays a good 6% yield with a stable free cash flow. Also, they lease regional planes internationally, which adds to growth. They can grow, and they have capital behind the company. Really likes the story. If the coronavirus does pressure this stock, then buy the dip.
(A Top Pick Feb 14/19, Up 25%) A bond on Air Canada in essence as this is Jazz airlines. They have a contract with their pilots until 2035. They do not have fuel sensitivity or for currency. ROE is 20%. There is room for the dividend to grow. Yield 6%
(A Top Pick Feb 14/19, Up 25%) A bond on Air Canada in essence as this is Jazz airlines. They have a contract with their pilots until 2035. They do not have fuel sensitivity or for currency. ROE is 20%. There is room for the dividend to grow. Yield 6%
It has a very solid contract with Air Canada but they are facing a price decrease this year. They hope to replace it with air craft leasing. He is waiting to see how it works out and in the mean time you are getting a pretty solid dividend.
It has a very solid contract with Air Canada but they are facing a price decrease this year. They hope to replace it with air craft leasing. He is waiting to see how it works out and in the mean time you are getting a pretty solid dividend.
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 5
Neutral - Hold Signals / Votes : 4
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 11
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
In the last year, 11 stock analysts published opinions about CHR-T. 5 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for Chorus Aviation Inc.
Chorus Aviation Inc was recommended as a Top Pick by Robert McWhirter on 2021-01-05. Read the latest stock experts ratings for Chorus Aviation Inc.
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.
11 stock analysts on Stockchase covered Chorus Aviation Inc In the last year. It is a trending stock that is worth watching.
On 2021-01-15, Chorus Aviation Inc (CHR-T) stock closed at a price of $3.68.
