Transat A.T. Inc. (TSE:TRZ) Receives Average Rating of "Reduce" from Analysts

Key Points

• Analysts are broadly bearish on Transat A.T. Six analysts give the stock an average “Reduce” rating, split between three sells and three holds, with an average 1-year price target of C$2.61.
• National Bank Financial downgraded the shares to “underperform” and cut its target to C$2.25, while TD lowered its target to C$2.25 and maintained a “hold” rating.
• Transat reported a quarterly loss of C$2.58 per share on C$1.03 billion in revenue, and analysts expect a full-year loss of about C$4.34 per share. Shares opened at C$2.31, near the lower end of their C$2.11–C$3.25 52-week range.

Shares of Transat A.T. Inc. (TSE:TRZ - Get Free Report) have received an average rating of "Reduce" from the six analysts that are currently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell rating and three have issued a hold rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is C$2.61.

A number of research firms have recently weighed in on TRZ. National Bank Financial downgraded Transat A.T. from a "sector perform" rating to an "underperform" rating and dropped their target price for the stock from C$3.00 to C$2.25 in a report on Wednesday, May 27th. TD lowered their price target on shares of Transat A.T. from C$2.50 to C$2.25 and set a "hold" rating on the stock in a research report on Friday, June 12th.

Transat A.T. Trading Down 0.4%

Shares of TSE:TRZ opened at C$2.31 on Wednesday. Transat A.T. has a 52-week low of C$2.11 and a 52-week high of C$3.25. The company has a market capitalization of C$94.79 million, a P/E ratio of 0.34, a price-to-earnings-growth ratio of -0.04 and a beta of 1.52. The company has a 50-day simple moving average of C$2.35 and a 200 day simple moving average of C$2.49. The company has a debt-to-equity ratio of -186.46, a quick ratio of 0.76 and a current ratio of 0.63.

Transat A.T. (TSE:TRZ - Get Free Report) last released its quarterly earnings data on Thursday, June 11th. The company reported C($2.58) EPS for the quarter. Transat A.T. had a negative return on equity of 41.23% and a net margin of 8.11%.The company had revenue of C$1.03 billion for the quarter. Sell-side analysts forecast that Transat A.T. will post -4.3400002 earnings per share for the current 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.

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