Transat A.T. Inc. (TRZ.TO) – What Are Investment Firms Thinking About This Stock?

Transat A.T. Inc. (TSE:TRZ) has been assigned a consensus rating of “Reduce” from the six analysts that are currently covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating and three have given a hold rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is C$2.11.

A number of brokerages have recently issued reports on TRZ. Desjardins decreased their target price on Transat A.T. from C$2.80 to C$2.50 and set a “hold” rating for the company in a report on Friday, September 11th. TD cut their price target on shares of Transat A.T. from C$2.25 to C$2.00 and set a “hold” rating on the stock in a report on Friday, September 11th. Scotiabank cut their price target on shares of Transat A.T. from C$1.65 to C$1.25 and set a “sector underperform” rating on the stock in a report on Thursday. Finally, Scotia reduced their price target on shares of Transat A.T. from C$2.00 to C$1.65 and set a “sector underperform” rating on the stock in a research report on Friday, September 11th.

Transat A.T. Trading Down 1.0%

Shares of TRZ traded down C$0.02 during trading hours on Thursday, hitting C$1.92. The stock had a trading volume of 42,361 shares, compared to its average volume of 69,990. The company has a debt-to-equity ratio of -180.72, a quick ratio of 0.76 and a current ratio of 0.58. The firm has a market cap of C$79.11 million, a P/E ratio of -0.33, a P/E/G ratio of -0.04 and a beta of 1.47. The company’s fifty day simple moving average is C$2.13 and its 200 day simple moving average is C$2.37. Transat A.T. has a 12-month low of C$1.78 and a 12-month high of C$3.10.

Transat A.T. (TSE:TRZ) last posted its quarterly earnings results on Thursday, September 10th. The company reported C($2.18) earnings per share (EPS) for the quarter. The firm had revenue of C$792.72 million for the quarter. Transat A.T. had a negative net margin of 6.57% and a positive return on equity of 31.06%. Equities research analysts forecast that Transat A.T. will post -4.34 EPS for the current fiscal year.

About Transat A.T.

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.