Scotiabank Brokers Raise Earnings Estimates for Transat A.T.

Transat A.T. Inc. (TSE:TRZ - Free Report) - Investment analysts at Scotiabank upped their FY2025 EPS estimates for Transat A.T. in a research note issued to investors on Monday, June 9th. Scotiabank analyst K. Gupta now expects that the company will post earnings per share of ($3.83) for the year, up from their previous estimate of ($3.84). Scotiabank currently has a "Underperform" rating and a $2.00 target price 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 FY2026 earnings at ($1.43) EPS.

Several other brokerages have also recently weighed in on TRZ. National Bankshares raised their target price on shares of Transat A.T. from C$1.50 to C$1.75 and gave the company an "underperform" rating in a report on Friday, June 6th. TD Securities raised shares of Transat A.T. from a "hold" rating to a "strong-buy" rating and raised their target price for the company from C$1.75 to C$4.75 in a report on Friday, June 6th. Finally, Desjardins reduced their target price on shares of Transat A.T. from C$2.25 to C$2.00 in a report on Tuesday, March 18th. Three analysts have rated the stock with a sell rating, one has given a hold rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of C$2.46.

Transat A.T. Stock Down 3.2%

TSE:TRZ traded down C$0.08 during mid-day trading on Thursday, hitting C$2.40. The stock had a trading volume of 293,444 shares, compared to its average volume of 67,389. The stock has a 50-day simple moving average of C$1.69 and a two-hundred day simple moving average of C$1.74. The company has a market capitalization of C$95.30 million, a PE ratio of -0.82, a PEG ratio of -0.04 and a beta of 1.50. Transat A.T. has a twelve month low of C$1.41 and a twelve month high of C$3.00. The company has a current ratio of 0.81, a quick ratio of 0.76 and a debt-to-equity ratio of -241.60.

About Transat A.T.

Transat A.T. Inc is a Canadian company that specializes in the organization, marketing, and distribution of holiday travel in the tourism industry. The company offers vacation packages, hotel stays, and air travel under the Transat and Air Transat brands. The company's core business consists of tour operators based in Canada that are vertically integrated with its other services of air transportation, distribution through a dynamic travel agency network, value-added services at travel destinations, and accommodations.