If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Air Canada (ACDVF) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Here is how Air Canada (ACDVF) and A.P. Moller-Maersk (AMKBY) have performed compared to their sector so far this year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Broker-favored picks like BYON, BTSG, ACDVF, EBS, and ADNT are worth monitoring amid EU tariff delay and rising consumer confidence.
Investors would do well to monitor broker-favored stocks like BTSG, BYON, ACDVF, DINO, and EBS for high returns.
Air Canada (OTCQX:ACDVF) Q1 2025 Results Conference Call May 9, 2025 8:00 AM ET Company Participants Valerie Durand - Head-Investor Relations and Corporate Sustainability Michael Rousseau - President and Chief Executive Officer Mark Galardo - EVP, Chief Commercial Officer & President of Cargo John Di Bert - Executive Vice President and Chief Financial Officer Arielle Meloul-Wechsler - EVP, Chief Human Resources Officer and Public Affairs Conference Call Participants Kevin Chiang - CIBC Savanthi Syth - Raymond James Greg Konrad - Jefferies Tom Fitzgerald - TD Cowen Konark Gupta - Scotiabank Stephen Trent - Citi Fadi Chamoun - BMO Capital Markets James McGarragle - RBC Capital Markets Matthew Lee - Canaccord Genuity Chris Murray - ATB Cameron Doerksen - National Bank Financial Andrew Didora - Bank of America Daryl Young - Stifel Operator Hello. Bonjour. Welcome to Air Canada's First Quarter 2025 Results Conference Call.
Air Canada (ACDVF) came out with a quarterly loss of $0.31 per share versus the Zacks Consensus Estimate of a loss of $0.38. This compares to loss of $0.20 per share a year ago.
Chief Executive Michael Rousseau said he expects market conditions to be unsteady moving forward as the economic outlook appears uncertain
Air Canada (ACDVF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The trade war and reduced US transborder bookings have significantly impacted Air Canada's stock, causing a nearly 25% decline in value. Despite challenges, ACDVF's 2024 earnings indicate a 51% upside, with a potential 70% upside against FY25 earnings, justifying a buy rating. Increased costs due to tariffs and a weakening Canadian dollar could pressure margins, but the overall growth potential remains strong.
Investors should keep an eye on stocks like Air Canada, Enerflex, AutoNation, Centene and CVS Health for high returns.
ACDVF, BN and CNMD have been added to the Zacks Rank #5 (Strong Sell) List on February 19, 2024.