(CHR) Chorus Aviation - Ratings and Ratios

Chorus Aviation Inc. (TO:CHR) is a Canadian aviation company offering a diverse range of services through its subsidiaries. The company operates primarily through two segments: Regional Aviation Services and Regional Aircraft Leasing. The Regional Aviation Services segment provides contract flying, charter services, specialized flights (including medical, logistical, and humanitarian operations), aircraft leasing, maintenance and repair services, part sales, technical services, and pilot training. The Regional Aircraft Leasing segment focuses on asset management, including the administration of aircraft investment funds and lease services for aircraft operators. Additionally, the company offers aeronautical products such as component repair, sheet metal, and avionics support services for airlines, leasing companies, maintenance organizations, and original equipment manufacturers. It also provides in-house design and certification services, including repair designs and supplemental type certificate approvals for aircraft modifications, reconfigurations, and part replacements. Further, the company delivers technical support, structural and system design, operational documentation, and project management. Chorus Aviation Inc., formerly known as Jazz Air Income Fund, was established in 2005 and is headquartered in Dartmouth, Canada.

Based on the provided data, here is a 3-month forecast for Chorus Aviation Inc. (TO:CHR):

From a technical perspective, the stock is currently trading at 20.02 CAD, slightly above its 20-day SMA of 19.70 but below its 50-day SMA of 20.24. The 200-day SMA of 19.39 suggests a bearish trend in the longer term. The ATR of 0.63 indicates moderate volatility. Over the next three months, the stock is likely to face resistance at the 50-day SMA level of 20.24 and potential support at the 200-day SMA of 19.39. The average volume of 71,553 shares over the past 20 days indicates moderate liquidity.

From a fundamental perspective, the company has a market cap of 518.85M CAD, with a trailing P/E of 15.29 and a forward P/E of 9.48, suggesting potential undervaluation. The P/B ratio of 0.93 indicates that the stock is trading near its book value. The P/S ratio of 0.31 reflects a low valuation relative to its revenue. However, the negative return on equity (RoE) of -20.97 raises concerns about profitability and shareholder value creation. Over the next three months, investors should monitor the companys ability to improve its return on equity and maintain its valuation multiples.