|Bid||16.55 x N/A|
|Ask||16.56 x N/A|
|Day's Range||15.92 - 16.58|
|52 Week Range||9.26 - 52.71|
|Beta (5Y Monthly)||2.06|
|PE Ratio (TTM)||56.55|
|Earnings Date||Jul. 31, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||25.83|
Air Canada (TSX:AC) trades near $16 per share today. Is the stock a buy at this price level?The post Air Canada (TSX:AC): Is the Stock a Buy at $16? appeared first on The Motley Fool Canada.
Air Canada (TSX:AC) stock is beaten down. However, recently emerged signals could indicate a sharp rebound. The post Air Canada Stock: 3 Signs it’s Ready to Soar! appeared first on The Motley Fool Canada.
Air Canada stock erodes its gains as challenges continue to mount. The post Air Canada (TSX:AC) Stock Cracks Over 30% -- and the Turbulence Continues appeared first on The Motley Fool Canada.
Air Canada took another bold step in cutting costs, closing eight of its regional stations and suspending 30 routes. The post Air Canada (TSX:AC) Closed 8 Stations and Laid Off 50% of Staff appeared first on The Motley Fool Canada.
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange:Toronto Stock Exchange (15,595.50, down 74.17 points.)The Toronto-Dominion Bank (TSX:TD). Financials. Down 95 cents, or 1.55 per cent, to $60.22 on 13.4 million shares.St. Augustine Gold and Copper (TSX:SAU). Materials. Up eight cents, or 133.33 per cent, to 14 cents on 7.5 million shares.Zenabis Global Inc. (TSX:ZENA). Health care. Unchanged at eight cents on 6.5 million shares.The Bank of Nova Scotia (TSX:BNS). Financials. Down $1.29, or 2.29 per cent, to $54.95 on 5.6 million shares.TC Energy Corp. (TSX:TRP). Energy. Down 60 cents, or 1.04 per cent, to $56.88 on 5.3 million shares.Air Canada (TSX:AC). Industrials. Down 71 cents, or 4.2 per cent, to $16.21 on 5.3 million shares.Companies in the news:Canadian Pacific Railway. (TSX:CP). Up $2.70 to $347.35. Canada's two largest railways moved record quantities of grain in the second quarter after benefiting from another strong month in June. Canadian National Railway says it is on pace for record shipments of grain this crop year after record movements of Canadian grain last month and the quarter as a whole contributed to its best performance in the first half-year. The Montreal-based railway says it has moved 26.9 million tonnes this crop year that ends July 31, up from 26.5 million tonnes at the same point last year. It moved 15 million tonnes from January to June, 8.15 million tones in the second quarter and 2.7 million tonnes in June, its fourth consecutive monthly high. Canadian Pacific Railway says it moved a record 8.41 million tonnes last quarter after shipping 2.76 million tonnes of grain and grain products in June. The Calgary-based railway says it was the best three-month stretch since the 7.9 million tonnes moved in the fourth quarter and best June in six years when 2.4 million tonnes was moved.Cenovus Energy Inc. (TSX:CVE). Down 18 cents, or 2.9 per cent to $6.12. Oilsands companies are restoring thousands of barrels of daily production to take advantage of higher oil prices as relaxed pandemic measures allow North American consumers to get back on the road. Executives speaking at a TD Securities energy conference on Tuesday said they are confident the oil price crisis is subsiding — while expressing dismay at recent setbacks for oil pipelines in the United States. Alex Pourbaix, CEO of Cenovus Energy Inc., said he believes the worst of the situation is over. The Calgary-based company stopped about 60,000 barrels per day of crude production and halted crude-by-rail shipments as prices fell in March and April, but has since restored about half that, Pourbaix reported. Cenovus is also making deals with other producers to add to the amount it is permitted to bring to market under Alberta's oil curtailment measures, he added, thus allowing even more output to be restored. Suncor Energy Inc. CEO Mark Little said he expects a "downstream-led recovery" as consumer demand sparks increased throughput from its Canadian refineries. That consumer-led demand will then translate into more production from its oilsands and other "upstream" assets.Metro Inc. (TSX:MRU). Up eight cents to $56.94. Uber Technologies Inc. is getting into the grocery delivery business and is using some Canadian cities to help it launch the venture. The San Francisco-based tech giant said Tuesday that users in Montreal and Toronto can now order groceries through its Uber and Uber Eats apps. A demonstration of the new service showed thousands of items available from retailers including Walmart, Metro, Rexall, Costco, Longos, Pet Valu and Well.ca. The company's foray into the grocery sector comes after Uber advertised in November 2018 that it was hiring a head of grocery product in Toronto. The company remained secretive about the role, but a year later, Uber's potential interest in a grocery service was a hot topic again when it announced it was acquiring a majority stake in Chilean grocery delivery start-up Cornershop. Uber faces stiff competition with its new service. Amazon.com Inc. and Instacart are already going head-to-head with supermarket brands like Walmart and Loblaw Companies Ltd. Uber believes it can edge out some of the competition because it sees groceries as a natural extension of its booming food delivery service and a way for the company to become a one-stop shop for every meal.This report by The Canadian Press was first published July 7, 2020.The Canadian Press
These two TSX stocks are battling for survival, and investors are better off staying away from them.The post CAUTION: Stay Away From These 2 Cash-Strapped TSX Stocks appeared first on The Motley Fool Canada.
What do you choose between Air Canada (TSX:AC) and Cargojet (TSX:CJT) amid this volatile market?The post Should You Buy Air Canada (TSX:AC) or Cargojet (TSX:CJT) Stock Right Now? appeared first on The Motley Fool Canada.
The COVID-19 pandemic has changed the business environment. Airline stocks are showing no signs of recovery, while tech stocks are growing rapidly. It’s time to revise your portfolio. The post It’s Time to Revise Your Stock Portfolio appeared first on The Motley Fool Canada.
Air Canada (TSX:AC) could have a multitude of upside for contrarian investors if the COVID-19 pandemic ends sooner rather than later.The post Is Air Canada (TSX:AC) Stock a Buy Amid the COVID-19 Pandemic? appeared first on The Motley Fool Canada.
Air Canada (TSX:AC) stock has been pummeled due to the COVID-19 pandemic, but it still looks promising for long-term investors.The post Should You Buy Air Canada (TSX:AC) Stock in July? appeared first on The Motley Fool Canada.
Ballard Power stock is the top-performing stock that is soaring to new heights, as it benefits from rising fuel cell acceptance and deployments.The post Forget Air Canada (TSX:AC) Stock: This Top Stock to Buy Is Soaring Right Now appeared first on The Motley Fool Canada.
Taking the occasional loss comes part and parcel with investing on the stock market. And there's no doubt that Air...
Portable kits that quickly detect COVID-19 further support the airline's multi-layered biosafety approach MONTREAL , July 8, 2020 /CNW Telbec/ - Air Canada is pleased to announce it has engaged Spartan ...
Stocks like Docebo (TSX:DCBO) belong on a wish list ahead of a pullback. In the meantime, there’s another way to play an overheated market.The post Fear Market Crash 2.0? Watch Out for This 1 Stock Trend appeared first on The Motley Fool Canada.
Air Canada (TSX:AC) stock keeps sliding, as the rest of the market recovers. Here are some reasons why.The post Air Canada (TSX:AC) Stock Below $18 Again: Should You Invest? appeared first on The Motley Fool Canada.
There could be a lot more bullishness surrounding shares of Air Canada's (TSX:AC) later this year.The post Could Air Canada (TSX:AC) Stock Recover Sooner Rather Than Later? appeared first on The Motley Fool Canada.
The way Air Canada is moving right now, the chances of the stock dropping are higher than it reclaiming its former glory.The post Air Canada (TSX:AC) Stock: Will it Go to $0 or $50? appeared first on The Motley Fool Canada.
Canadian Prime Minister Justin Trudeau on Friday expressed disappointment at Air Canada's <AC.TO> decision to suspend some flights and said he hoped the carrier would restore services as the economy recovered. The airline, Canada's largest, said on Tuesday it would halt flights on 30 domestic routes hit by persistent weak travel demand due to the COVID-19 pandemic. Air Canada said on May 15 it would cut its workforce by up to 60%.
This TSX stock has proven to be a lousy investment and can endanger your portfolio.The post Is This TSX Stock a Silent Killer in Your Portfolio? appeared first on The Motley Fool Canada.
Air Canada (TSX:AC) stock appears cheap, but it also carries risk. Is Westjet-owner Onex (TSX:ONEX) a better way to get airline exposure?The post Is Air Canada (TSX:AC) or ONEX (TSX:ONEX) a Better Airline Bet Today? appeared first on The Motley Fool Canada.
Is now the time to pick up Air Canada (TSX:AC) stock while it is trading so cheap? I answer that and provide two other top stock recommendations. The post Air Canada (TSX:AC) Stock Is Cheap: Is It Time to Buy? appeared first on The Motley Fool Canada.
Air Canada (TSX:AC) may not be to Warren Buffett's liking, but the stock is still capable of making investors filthy rich in an upside scenario.The post Forget Warren Buffett! Another Legendary Investor Is Bullish on Airline Stocks appeared first on The Motley Fool Canada.
Air Canada (TSX:AC) could be a multi-bagger, but is it still too risky to place a bet on the out-of-favour stock given Warren Buffett's airline stock sale?The post Air Canada (TSX:AC): Will the Airline Stock Make You Rich or Broke? appeared first on The Motley Fool Canada.
The Air Canada stock won’t be developing an uptrend anytime soon. Rebuilding, transformation, and recovery will take no less than three years. Profitability is highly questionable.The post Uh Oh! Air Canada (TSX:AC) Is Still in Hot Water appeared first on The Motley Fool Canada.
The pandemic hammered Air Canada (TSX:AC) and Cineplex (TSX:CGX). Is one of these stocks a contrarian buy today?The post Should You Buy Air Canada (TSX:AC) or Cineplex (TSX:CGX) Stock? appeared first on The Motley Fool Canada.