Air Canada

AC-T

TSE:AC

14.55
0.17 (1.15%)
Air Canada is the flag carrier and largest airline of Canada. The airline, founded in 1937, provides scheduled and charter air transport for passengers and cargo to 182 destinations worldwide.
More at Wikipedia

Analysis and Opinions about AC-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
April 2, 2020
The US airline industry has been one of the worst behaviorists in terms of borrowing money and buying back shares. AC-T did that as well. In the US a lot of their dividends can't be paid for years and years but he does not know if that applies to AC-T. He thinks there may be legislation in terms of the airline industry being a kind of utility. Also with the online age there may be less need in the future for air travel at all.
Show full opinionHide full opinion
Air Canada (AC-T)
April 2, 2020
The US airline industry has been one of the worst behaviorists in terms of borrowing money and buying back shares. AC-T did that as well. In the US a lot of their dividends can't be paid for years and years but he does not know if that applies to AC-T. He thinks there may be legislation in terms of the airline industry being a kind of utility. Also with the online age there may be less need in the future for air travel at all.
DON'T BUY
DON'T BUY
April 1, 2020
There is not enough clarity in the airline sector and there is more capacity coming online. There will be a long wait until passengers will feel as safe to share their space on planes. He would not buy this. Even if they cut costs, they will not have the revenues to drive free cash flow.
Show full opinionHide full opinion
Air Canada (AC-T)
April 1, 2020
There is not enough clarity in the airline sector and there is more capacity coming online. There will be a long wait until passengers will feel as safe to share their space on planes. He would not buy this. Even if they cut costs, they will not have the revenues to drive free cash flow.
SPECULATIVE BUY
SPECULATIVE BUY
March 13, 2020
She has typically not invested in airlines -- she does not own it. If you are a trader, then maybe there could be speculative bounce higher coming.
Show full opinionHide full opinion
Air Canada (AC-T)
March 13, 2020
She has typically not invested in airlines -- she does not own it. If you are a trader, then maybe there could be speculative bounce higher coming.
SELL
SELL
March 4, 2020

Airlines are highly volatile and AC stock has fallen off a cliff. But over five years, this has done very well. The problem with airline stocks is that they can go wrong in so many ways (cost of jet fuel, demand fluctuates). Take a loss. It'll take a while for negative sentiment to go away.

Show full opinionHide full opinion
Air Canada (AC-T)
March 4, 2020

Airlines are highly volatile and AC stock has fallen off a cliff. But over five years, this has done very well. The problem with airline stocks is that they can go wrong in so many ways (cost of jet fuel, demand fluctuates). Take a loss. It'll take a while for negative sentiment to go away.

DON'T BUY
DON'T BUY
March 3, 2020
Avoid. There's further downside. Remarkable job of building the business the last 10 years. But in this environment, profits just plummet.
Show full opinionHide full opinion
Air Canada (AC-T)
March 3, 2020
Avoid. There's further downside. Remarkable job of building the business the last 10 years. But in this environment, profits just plummet.
WAIT
WAIT
February 26, 2020
Over the long term they will do okay. He is just not a fan of airlines in general. He would wait on this one before getting in. He would be okay with it, but not to his tastes.
Show full opinionHide full opinion
Air Canada (AC-T)
February 26, 2020
Over the long term they will do okay. He is just not a fan of airlines in general. He would wait on this one before getting in. He would be okay with it, but not to his tastes.
BUY WEAKNESS
BUY WEAKNESS
February 19, 2020
The virus has impacted this stock, but it's held at $45 which is encouraging. However, the impact has pushed down oil prices dramatically and will benefit airlines. Don't shy away from AC.
Show full opinionHide full opinion
Air Canada (AC-T)
February 19, 2020
The virus has impacted this stock, but it's held at $45 which is encouraging. However, the impact has pushed down oil prices dramatically and will benefit airlines. Don't shy away from AC.
BUY WEAKNESS
BUY WEAKNESS
February 18, 2020

They're caught in a perfect storm of coronavirus and the Boeing Max 737, both of which are temporary problems. AC quarterly results today were merely okay. Q1 guidance is impacted by the virus, though less than he expected. But Aeroplan and the Air Transat deal are tailwinds. AC is still a cheap name. He owns a lot of this.

Show full opinionHide full opinion
Air Canada (AC-T)
February 18, 2020

They're caught in a perfect storm of coronavirus and the Boeing Max 737, both of which are temporary problems. AC quarterly results today were merely okay. Q1 guidance is impacted by the virus, though less than he expected. But Aeroplan and the Air Transat deal are tailwinds. AC is still a cheap name. He owns a lot of this.

PAST TOP PICK
PAST TOP PICK
February 12, 2020
(A Top Pick Jun 27/19, Up 16%) The coronavirus pullback is short-term. They're adding routes. He's still buying it.
Show full opinionHide full opinion
Air Canada (AC-T)
February 12, 2020
(A Top Pick Jun 27/19, Up 16%) The coronavirus pullback is short-term. They're adding routes. He's still buying it.
DON'T BUY
DON'T BUY
January 30, 2020
Airlines are among the most economically sensitive of all. This one has been spectacularly run but the opportunity has now been missed. There are MAX-8 issues on top of the slowing economy. Asian routes are among the most profitable for them and they are now cutting these back temporarily.
Show full opinionHide full opinion
Air Canada (AC-T)
January 30, 2020
Airlines are among the most economically sensitive of all. This one has been spectacularly run but the opportunity has now been missed. There are MAX-8 issues on top of the slowing economy. Asian routes are among the most profitable for them and they are now cutting these back temporarily.
BUY WEAKNESS
BUY WEAKNESS
January 22, 2020
An opportunity to buy during the coronavirus scare? AC is trading near 52-week highs, trading at 4x EBITDA vs. American peers at 6x--that's a valuation discount. AC is bringing down costs and streamlining, which are the right things to do that will benefit the stock for years. So, buy on any weakness like now.
Show full opinionHide full opinion
Air Canada (AC-T)
January 22, 2020
An opportunity to buy during the coronavirus scare? AC is trading near 52-week highs, trading at 4x EBITDA vs. American peers at 6x--that's a valuation discount. AC is bringing down costs and streamlining, which are the right things to do that will benefit the stock for years. So, buy on any weakness like now.
BUY
BUY
January 16, 2020
It has been hitting record highs. It is among their top 5 holdings They upgraded their fleet. Their purchase of Aeroplan will be very accretive. There is room for them to grow nicely.
Show full opinionHide full opinion
Air Canada (AC-T)
January 16, 2020
It has been hitting record highs. It is among their top 5 holdings They upgraded their fleet. Their purchase of Aeroplan will be very accretive. There is room for them to grow nicely.
BUY WEAKNESS
BUY WEAKNESS
January 14, 2020
Has done very well, but she avoids airline stocks because of cyclicality and heavy capital investments. Doesn't know if it will pullback. Airlines didn't pass the savings in jet fuel (oil) to passengers. AC is well-positioned in Canada; there's little choice in Canada. The rise of immigration helps AC, because they immigrants will travel to their home countries to visit. Wait for a pullback.
Show full opinionHide full opinion
Air Canada (AC-T)
January 14, 2020
Has done very well, but she avoids airline stocks because of cyclicality and heavy capital investments. Doesn't know if it will pullback. Airlines didn't pass the savings in jet fuel (oil) to passengers. AC is well-positioned in Canada; there's little choice in Canada. The rise of immigration helps AC, because they immigrants will travel to their home countries to visit. Wait for a pullback.
BUY
BUY
January 10, 2020
His model price is $56.49. He would buy it here and sees great support at current levels. It would be fully valued at $66.
Show full opinionHide full opinion
Air Canada (AC-T)
January 10, 2020
His model price is $56.49. He would buy it here and sees great support at current levels. It would be fully valued at $66.
BUY
BUY
January 8, 2020

One of his best stocks last year. Cheap, trades at only 10x earnings. Airlines have seen consolidation which has benefited all companies, making them more efficient. AC offers good growth and has signed a labour agreement that reduces cost structure. Fuel costs are stable, another plus. AC has nearly $3 billion in excess cash to grow their business or buyback shares. AC carries little debt. Also, AC has execution risk buying Westjet. Overall, AC is well-run. Airlines now remind him of when the rails were consolidating after many bad years then became more efficient and profitable.

Show full opinionHide full opinion
Air Canada (AC-T)
January 8, 2020

One of his best stocks last year. Cheap, trades at only 10x earnings. Airlines have seen consolidation which has benefited all companies, making them more efficient. AC offers good growth and has signed a labour agreement that reduces cost structure. Fuel costs are stable, another plus. AC has nearly $3 billion in excess cash to grow their business or buyback shares. AC carries little debt. Also, AC has execution risk buying Westjet. Overall, AC is well-run. Airlines now remind him of when the rails were consolidating after many bad years then became more efficient and profitable.

Showing 1 to 15 of 345 entries

Air Canada(AC-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 20

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 11

Total Signals / Votes : 33

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, 33 stock analysts published opinions about AC-T. 20 analysts recommended to BUY the stock. 11 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. 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 Larry Berman CFA, CMT, CTA on 2020-04-02. 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?

33 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 2020-04-03, Air Canada (AC-T) stock closed at a price of $14.55.