Transat A.T. Inc. (TRZ.TO) – What Are Investment Firms Saying About This Stock?

Transat A.T. Inc. (TSE:TRZ) has earned a consensus rating of “Reduce” from the six ratings firms that are covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell recommendation and three have given a hold recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is C$2.11.

A number of research analysts have commented on the stock. Desjardins cut their price target 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 set a C$2.00 price objective on Transat A.T. and gave the company a “hold” rating in a report on Tuesday, October 27th. Scotia cut their price objective on 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. Finally, Scotiabank reduced their target price on shares of Transat A.T. from C$1.65 to C$1.25 and set a “sector underperform” rating on the stock in a research note on Thursday, October 15th.

Transat A.T. Stock Performance

Shares of TRZ opened at C$1.93 on Monday. The stock’s 50-day moving average price is C$1.97 and its 200 day moving average price is C$2.37. The company has a quick ratio of 0.76, a current ratio of 0.58 and a debt-to-equity ratio of -180.72. The firm has a market capitalization of C$79.52 million, a price-to-earnings ratio of -0.33, a P/E/G ratio of -0.04 and a beta of 1.18. Transat A.T. has a 12-month low of C$1.78 and a 12-month high of C$3.10.

Transat A.T. (TSE:TRZ) last announced its quarterly earnings data on Thursday, September 10th. The company reported C($2.18) EPS for the quarter. The firm had revenue of C$792.72 million during the quarter. Transat A.T. had a positive return on equity of 31.06% and a negative net margin of 6.57%. As a group, research analysts predict that Transat A.T. will post -4.34 earnings per share for the current year.

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.