FY2026 EPS Estimates for Transat A.T. Cut by Analyst

Key Points

• Scotiabank cut Transat A.T.’s FY2026 EPS estimate to a loss of C$8.58 per share from a projected loss of C$6.98, well below the consensus estimate of a C$4.34 loss. The bank expects a C$4.37-per-share loss in FY2027.
• Analyst sentiment remains negative: several firms lowered price targets, with ratings consisting of three Holds and two Sells. MarketBeat reports an average rating of “Reduce” and an average price target of C$2.28.
• Transat shares opened at C$1.94 after a 2.1% rise, while the company’s latest quarter showed a C$2.18-per-share loss on C$792.72 million in revenue and a negative 6.57% net margin.

Transat A.T. Inc. (TSE:TRZ - Free Report) - Stock analysts at Scotiabank decreased their FY2026 earnings per share estimates for Transat A.T. in a note issued to investors on Thursday, September 17th. Scotiabank analyst K. Gupta now expects that the company will earn ($8.58) per share for the year, down from their previous estimate of ($6.98). The consensus estimate for Transat A.T.'s current full-year earnings is ($4.34) per share. Scotiabank also issued estimates for Transat A.T.'s FY2027 earnings at ($4.37) EPS.

A number of other research analysts have also recently weighed in on TRZ. Desjardins dropped their price objective on shares of Transat A.T. from C$2.80 to C$2.50 and set a "hold" rating for the company in a research note on Friday, September 11th. TD reduced their target price on Transat A.T. from C$2.25 to C$2.00 and set a "hold" rating on the stock in a research note on Friday, September 11th. Scotia lowered their target price on Transat A.T. from C$2.00 to C$1.65 and set a "sector underperform" rating on the stock in a report on Friday, September 11th. Finally, National Bank Financial downgraded Transat A.T. from a "sector perform" rating to an "underperform" rating and dropped their price target for the stock from C$3.00 to C$2.25 in a research report on Wednesday, May 27th. Three equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Transat A.T. currently has an average rating of "Reduce" and an average price target of C$2.28.

Transat A.T. Stock Up 2.1%

Shares of TSE TRZ opened at C$1.94 on Monday. Transat A.T. has a 12-month low of C$1.78 and a 12-month high of C$3.10. The company has a market capitalization of C$79.93 million, a PE ratio of -0.34, a price-to-earnings-growth ratio of -0.04 and a beta of 1.49. The company has a debt-to-equity ratio of -180.72, a current ratio of 0.58 and a quick ratio of 0.76. The firm's 50-day moving average is C$2.24 and its two-hundred day moving average is C$2.43.

Transat A.T. (TSE:TRZ - Get Free Report) last issued its quarterly earnings data on Thursday, September 10th. The company reported C($2.18) EPS for the quarter. Transat A.T. had a negative net margin of 6.57% and a positive return on equity of 31.06%. The business had revenue of C$792.72 million during the quarter.

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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