Buy, Sell or Hold: Air Canada (AC-T) — Stock Predictions at Stockchase

TSE:AC

21.79

0.34 (1.54%) 1d

Showing 1 to 15 of 418 entries

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company has a stronger balance sheet, better valuation and sales growth estimates than peers and other aviation companies. There is still risk associated with AC but it is a well-known brand with support from the federal government. Unlock Premium - Try 5i Free

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PARTIAL BUY

Did quite well 2 months ago with first cap positive quarter. However Omricon has caused sector to sell off. Hard to know now for sector. He owns some and feels you could buy in small quantities.

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BUY

Slowly working its way back to previous levels. Fleet upgrade to more fuel efficient planes. Vacationers and business travellers are trying to get back online with increased vaccinations. Well positioned for a 3-5 year liftoff.

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HOLD

Stock should go up from here. Target might now be $50, instead of the $65 pre-pandemic.

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BUY

He bought last year when they fell. It has taken longer to come back but is looking more constructive right now. This has been the first cash-flow-positive quarter since pre-pandemic times. They are taking delivery of planes that were earmarked for 2022. It is more likely to appreciate from its current level.

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COMMENT

Timing the reopening play is an interesting theme to play. AC will come with lots of volatility. AC has changed their capital structure that could dog them when they come out on the revenue side. If you buy AC and stomach the volatility, you will be in a better space. CAE is probably a better way to play. You get more margin of safety and you will also get a good margin profile when utilization of their training picks up. CAE would be his choice.

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DON'T BUY

Airlines are tough at the best of times. The world has changed, so hard to see how things will shake out. Airlines will be diminished. He doesn't normally invest in this sector; it could be a trade at this stage of the reopening. He owns the high-yield bonds instead.

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HOLD

Need to be patient. Delta variant threw a wrench into the recovery. This name should recover decently. Revenues will bounce. You could trade it, but 12-24 months should see a higher price.

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BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Recovery pains are expected but there are higher prices and pent up demand that will be tailwinds for Air Canada. Planes are becoming full and prices are up. A decent hold with a 2 year horizon at least. Unlock Premium - Try 5i Free

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BUY

Whippy. Balance sheet problem. Variant is not helping. Time to buy a stock is when no one's paying attention. If you believe that the world will return to normal, trading at 9.9x on 2023 numbers. Not a buy and hold forever. More of a cyclical trade.

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DON'T BUY

See his comments about Bombardier. He'll watch the airline space but isn't buying any at the moment.

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PAST TOP PICK

(A Top Pick May 14/20, Up 57%) He moved on after its good run. Stay away from airlines right now, as they still have some work to do.

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BUY on WEAKNESS

If you are a trader, you could sell some. If you are an investor, then you could wait for strength and lighten up there. Would add exposure on weakness. Could see a 10% pull back if things go south for the next few months.

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BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. They missed operating revenue estimates. Cash burn was less than expected. Revenues are rising 59% and cash burn fell 42%. Probably turning a corner with this upcoming quarter with easing restrictions. Medium term outlook remains intact. Unlock Premium - Try 5i Free

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DON'T BUY

It's done well, but she doesn't buy airlines, because they're cyclical and costs lie beyond their control, namely fuel. If you've done well, then transition into a growth sector like tech. AC is in a cyclical growth sector.

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Showing 1 to 15 of 418 entries

Air Canada(AC-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 21

Neutral - Hold Signals / Votes : 4

Bearish - Sell Signals / Votes : 12

Total Signals / Votes : 37

Stockchase rating for Air Canada 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.

Air Canada(AC-T) Frequently Asked Questions

What is Air Canada stock symbol?

Air Canada is a Canadian stock, trading under the symbol AC-T on the Toronto Stock Exchange (AC-CT). It is usually referred to as TSX:AC or AC-T

Is Air Canada a buy or a sell?

In the last year, 37 stock analysts published opinions about AC-T. 21 analysts recommended to BUY the stock. 12 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Air Canada.

Is Air Canada a good investment or a top pick?

Air Canada was recommended as a Top Pick by on . Read the latest stock experts ratings for Air Canada.

Why is Air Canada 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 Air Canada worth watching?

37 stock analysts on Stockchase covered Air Canada In the last year. It is a trending stock that is worth watching.

What is Air Canada stock price?

On 2022-01-24, Air Canada (AC-T) stock closed at a price of $21.79.

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