Transat A.T. Stock Gets Weaker EPS Estimate from Scotiabank

Key Points

• Scotiabank cut its FY2026 EPS forecast for Transat A.T. to a loss of C$9.09 per share from a projected loss of C$8.58, while maintaining a “Sector Underperform” rating and C$1.25 price target.
• Transat reported a quarterly loss of C$2.18 per share on C$792.72 million in revenue, alongside a negative net margin of 6.57%.
• Analyst sentiment remains weak: the stock has an average “Reduce” rating and a consensus target price of C$2.11, while shares opened at C$1.88—near their one-year low of C$1.78.

Transat A.T. Inc. (TSE:TRZ - Free Report) - Scotiabank reduced their FY2026 EPS estimates for Transat A.T. in a research note issued on Thursday, October 22nd. Scotiabank analyst K. Gupta now forecasts that the company will post earnings per share of ($9.09) for the year, down from their prior estimate of ($8.58). Scotiabank currently has a "Sector Underperform" rating and a $1.25 price target on the stock. 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 ($6.15) EPS.

Transat A.T. (TSE:TRZ - Get Free Report) last released its quarterly earnings results on Thursday, September 10th. The company reported C($2.18) earnings per share (EPS) for the quarter. The business 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%.

Several other research firms have also issued reports on TRZ. Scotia lowered their target price on shares of Transat A.T. from C$2.00 to C$1.65 and set a "sector underperform" rating for the company in a report on Friday, September 11th. TD dropped their price target on Transat A.T. from C$2.25 to C$2.00 and set a "hold" rating on the stock in a research report on Friday, September 11th. Finally, Desjardins cut their price objective on shares of Transat A.T. from C$2.80 to C$2.50 and set a "hold" rating on the stock in a report on Friday, September 11th. Three equities research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat, Transat A.T. presently has an average rating of "Reduce" and a consensus target price of C$2.11.

Transat A.T. Trading Down 1.1%

Shares of TSE TRZ opened at C$1.88 on Monday. The business's 50 day moving average is C$2.06 and its two-hundred day moving average is C$2.35. Transat A.T. has a 1-year low of C$1.78 and a 1-year high of C$3.10. The stock has a market capitalization of C$77.46 million, a P/E ratio of -0.33, a PEG ratio of -0.04 and a beta of 1.47. The company has a debt-to-equity ratio of -180.72, a current ratio of 0.58 and a quick ratio of 0.76.

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.

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