Chorus Aviation Inc. Expected to Post FY2025 Earnings of $0.29 Per Share (TSE:CHR)

Chorus Aviation Inc. (TSE:CHR) – Analysts at National Bank Financial lifted their FY2025 earnings estimates for shares of Chorus Aviation in a research report issued to clients and investors on Tuesday, July 30th. National Bank Financial analyst C. Doerksen now anticipates that the company will post earnings of $0.29 per share for the year, up from their previous estimate of $0.26. The consensus estimate for Chorus Aviation’s current full-year earnings is $0.21 per share.

A number of other research firms have also recently commented on CHR. Canaccord Genuity Group decreased their price target on Chorus Aviation from C$2.60 to C$2.50 and set a “hold” rating on the stock in a research note on Wednesday, May 8th. National Bankshares increased their target price on Chorus Aviation from C$3.25 to C$3.65 and gave the stock an “outperform” rating in a research note on Wednesday. Royal Bank of Canada set a C$3.50 target price on Chorus Aviation and gave the company an “outperform” rating in a report on Thursday, April 4th. TD Securities cut their price target on shares of Chorus Aviation from C$3.75 to C$3.50 and set a “buy” rating on the stock in a research note on Wednesday. Finally, Cormark raised shares of Chorus Aviation from a “market perform” rating to a “buy” rating and upped their target price for the stock from C$2.50 to C$4.05 in a research note on Wednesday. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$3.27.

Chorus Aviation Stock Performance

TSE:CHR opened at C$2.85 on Thursday. Chorus Aviation has a fifty-two week low of C$1.99 and a fifty-two week high of C$3.25. The company has a debt-to-equity ratio of 124.08, a quick ratio of 0.53 and a current ratio of 0.67. The company has a 50 day moving average price of C$2.43 and a 200 day moving average price of C$2.29. The stock has a market capitalization of C$548.68 million, a P/E ratio of 12.95, a PEG ratio of 0.65 and a beta of 2.11.

Chorus Aviation (TSE:CHR) last announced its quarterly earnings results on Monday, May 6th. The company reported C$0.06 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.05 by C$0.01. Chorus Aviation had a net margin of 4.65% and a return on equity of 6.69%. The business had revenue of C$426.18 million during the quarter, compared to analysts’ expectations of C$416.00 million.

About Chorus Aviation

Chorus Aviation Inc, through its subsidiaries, provides aviation solutions. It operates through Regional Aviation Services and Regional Aircraft Leasing segments. The Regional Aviation Services segment provides contract flying services, charter services, and specialized contract flying, such as medical, logistical, and humanitarian flights; aircraft leasing; and maintenance, repair and overhaul services, and part sales and technical services, as well as pilot training services.