Air Canada Stock Today
| AC Stock | CAD 23.21 0.19 0.81% |
Performance20 of 100
| Odds Of DistressLess than 1
|
Air Canada is selling at 23.21 as of the 21st of November 2024; that is 0.81% down since the beginning of the trading day. The stock's open price was 23.4. Air Canada has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Air Canada are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain Transportation | Category Industrials |
Air Canada provides domestic, U.S. transborder, and international airline services. Air Canada was founded in 1937 and is headquartered in Saint-Laurent, Canada. AIR CANADA operates under Airlines classification in Canada and is traded on Toronto Stock Exchange. The company has 358.49 M outstanding shares of which 8.75 M shares are presently shorted by private and institutional investors with about 3.41 days to cover all short positions. More on Air Canada
Moving together with Air Stock
Moving against Air Stock
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Air Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Air Canada's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Air Canada or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Calin Rovinescu | ||||
| Thematic Idea | Air (View all Themes) | ||||
| Business Concentration | Passenger Airlines, Transportation, Industrials, Air, Industrials, Passenger Airlines, Airlines, Industrials (View all Sectors) | ||||
Air Canada's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Air Canada's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsAir Canada can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Air Canada's financial leverage. It provides some insight into what part of Air Canada's total assets is financed by creditors.
| |||||
Air Canada (AC) is traded on Toronto Exchange in Canada and employs 37,100 people. Air Canada is listed under Passenger Airlines category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.39 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Air Canada's market, we take the total number of its shares issued and multiply it by Air Canada's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Air Canada classifies itself under Passenger Airlines sector and is part of Industrials industry. The entity has 358.49 M outstanding shares of which 8.75 M shares are presently shorted by private and institutional investors with about 3.41 days to cover all short positions.
Air Canada has accumulated about 2.69 B in cash with 4.32 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 24.27, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Air Canada Probability Of Bankruptcy
Ownership AllocationAir Canada holds a total of 358.49 Million outstanding shares. Almost 84.97 percent of Air Canada outstanding shares are held by general public with 0.14 (percent) owned by insiders and only 14.89 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Air Ownership Details
Air Canada Risk Profiles
Although Air Canada's alpha and beta are two of the key measurements used to evaluate Air Canada's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.63 | |||
| Semi Deviation | 1.0 | |||
| Standard Deviation | 2.46 | |||
| Variance | 6.07 |
Air Stock Against Markets
Be your own money manager
Our tools can tell you how much better you can do entering a position in Air Canada without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Portfolio File Import Now
Portfolio File ImportQuickly import all of your third-party portfolios from your local drive in csv format |
| All Next | Launch Module |
Air Canada Corporate Directors
| Michael Wilson | Independent Director | Profile | |
| Robert Fyfe | Independent Director | Profile | |
| Christie Clark | Independent Director | Profile | |
| Annette Verschuren | Independent Director | Profile |
Other Information on Investing in Air Stock
Air Canada financial ratios help investors to determine whether Air Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Air with respect to the benefits of owning Air Canada security.