Air Canada is an airlines business based in Canada. Air Canada shares (AC.TO) are listed on the Toronto stock Exchange (TSX) and all prices are listed in Canadian dollars. Its last market close was C$19.58 – the same closing value as a week prior. Air Canada employs 35,700 staff and has a trailing 12-month revenue of around C$21.8 billion.
Only you can make the decision on the time to leap... but here's some supporting information and analysis.
Over the last 12 months, Air Canada's shares have ranged in value from as little as C$16.04 up to C$26.04. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (TO average) beta is 1, while Air Canada's is 2.416. This would suggest that Air Canada's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Historical closes compared with the last close of C$19.58
| 1 week (2024-04-14) | 6.30% |
|---|---|
| 1 month (2024-03-21) | 3.98% |
| 3 months (2024-01-21) | 8.42% |
| 6 months (2023-10-19) | 16.69% |
| 1 year (2023-04-20) | 3.43% |
| 2 years (2022-04-20) | -20.60% |
| 3 years (2021-04-20) | -17.17% |
| 5 years (2019-04-17) | -39.92% |
The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.
Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.
Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Air Canada P/E ratio, PEG ratio and EBITDA
Air Canada's current stock 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 stocks trade at around 3x recent earnings.
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 PEG ratio below 1 can be interpreted as meaning the shares are not overvalued given the current rate of growth.
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 (earnings before interest, taxes, depreciation and amortisation) is a whopping C$3.4 billion.
The EBITDA is a measure of a Air Canada's overall financial performance and is widely used to measure a its profitability.
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