Transat A.T. Inc. operates as an integrated international tourism company in the Americas and Europe. The company offers vacation packages, hotel stays, and air travel services under the Transat and Air Transat brands to approximately 60 destinations in approximately 25 countries. It also operates outgoing tours; and involved in the retail distribution activities, such as providing advice to travelers. In addition, the company offers air transportation services; destination services, including hospitality and representation, passenger transfers, excursions, tours, sports, and other activities; and specialty services, such as destination weddings, teambuilding, etc. Transat A.T. Inc. was incorporated in 1987 and is headquartered in Montréal, Canada.
Transat A.T. Price Performance
TSE:TRZ opened at C$3.33 on Tuesday. The company has a quick ratio of 0.69, a current ratio of 0.91 and a debt-to-equity ratio of 16,969.40. Transat A.T. has a 12-month low of C$3.10 and a 12-month high of C$5.88. The stock's 50 day moving average price is C$3.47 and its two-hundred day moving average price is C$4.27. The firm has a market capitalization of C$125.97 million and a price-to-earnings ratio of -0.27.
Transat A.T. (TSE:TRZ - Get Rating) last announced its quarterly earnings results on Wednesday, June 8th. The company reported C($2.95) earnings per share (EPS) for the quarter, missing the consensus estimate of C($1.95) by C($1.00). The business had revenue of C$358.16 million during the quarter, compared to analyst estimates of C$391.00 million. On average, analysts anticipate that Transat A.T. will post -3.3499998 earnings per share for the current year.
Wall Street Analysts Forecast Growth
TRZ has been the subject of a number of analyst reports. National Bankshares decreased their target price on shares of Transat A.T. from C$4.00 to C$3.75 and set an "underperform" rating for the company in a research report on Monday, June 13th. CIBC lowered their target price on Transat A.T. from C$3.00 to C$2.50 and set an "underperform" rating on the stock in a research report on Monday, June 13th. Finally, TD Securities decreased their price target on Transat A.T. from C$4.00 to C$3.25 in a research note on Wednesday, July 27th.