Transat A.T. Inc. (TSE:TRZ) Receives Consensus Recommendation of “Reduce” from Analysts

Transat A.T. Inc. (TSE:TRZ) has been given a consensus recommendation of “Reduce” by the six analysts that are presently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation and three have issued a hold recommendation on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is C$2.61.

Several equities research analysts have weighed in on TRZ shares. TD cut their target price on shares of Transat A.T. from C$2.50 to C$2.25 and set a “hold” rating on the stock in a report on Friday. National Bank Financial downgraded shares of Transat A.T. from a “sector perform” rating to an “underperform” rating and lowered their price objective for the stock from C$3.00 to C$2.25 in a research report on Wednesday, May 27th.

Transat A.T. Trading Down 0.8%

TRZ traded down C$0.02 during mid-day trading on Friday, hitting C$2.39. The stock had a trading volume of 31,772 shares, compared to its average volume of 83,771. The stock’s fifty day simple moving average is C$2.64 and its 200-day simple moving average is C$2.58. The company has a debt-to-equity ratio of -216.74, a current ratio of 0.71 and a quick ratio of 0.76. The firm has a market capitalization of C$97.42 million, a price-to-earnings ratio of 0.30, a price-to-earnings-growth ratio of -0.04 and a beta of 1.55. Transat A.T. has a 1-year low of C$2.11 and a 1-year high of C$3.25.

Transat A.T. (TSE:TRZ) last posted its earnings results on Thursday, June 11th. The company reported C($2.58) earnings per share for the quarter. The firm had revenue of C$1.03 billion during the quarter. Transat A.T. had a negative return on equity of 44.87% and a net margin of 9.74%. As a group, research analysts forecast that Transat A.T. will post -4.3400002 EPS for the current fiscal year.

Transat A.T. Company Profile

Air Transat is a leading travel brand voted 2025 World’s Best Leisure Airline by passengers at the Skytrax World Airline Awards. Its program offers access to international destinations, mainly in Europe, the Caribbean, the east coast of the United States, South America and North Africa. Air Transat is recognized for its excellent customer service. Its fleet includes some of the most energy-efficient aircraft in their category. Based in Montreal with major hubs in YUL Montréal-Trudeau International Airport and Toronto Pearson Airport (YYZ), it has 5,000 employees with a common purpose to bring people closer together.