Q3 2018 EPS Estimates for TRANSAT AT Inc Increased by Analyst (TRZ)

TRANSAT AT Inc (TSE:TRZ) – Investment analysts at Cormark raised their Q3 2018 earnings per share (EPS) estimates for shares of TRANSAT AT in a research report issued on Tuesday. Cormark analyst D. Tyerman now anticipates that the company will earn $0.59 per share for the quarter, up from their previous forecast of $0.58. Cormark also issued estimates for TRANSAT AT’s Q4 2018 earnings at $1.11 EPS and Q4 2019 earnings at $1.24 EPS.

TRANSAT AT (TSE:TRZ) last released its quarterly earnings results on Thursday, December 14th. The company reported C$1.24 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of C$1.01 by C$0.23. TRANSAT AT had a negative return on equity of 7.84% and a negative net margin of 0.70%.

Other research analysts have also issued reports about the company. National Bank Financial boosted their price target on TRANSAT AT from C$12.00 to C$13.50 and gave the stock an “outperform” rating in a research report on Tuesday, November 7th. Scotiabank upped their target price on TRANSAT AT from C$10.00 to C$10.50 and gave the company a “sector perform” rating in a research report on Friday, December 15th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. TRANSAT AT currently has an average rating of “Buy” and a consensus price target of C$11.93.

TRANSAT AT (TSE TRZ) opened at C$10.89 on Wednesday. The company has a market capitalization of $405.64, a price-to-earnings ratio of 3.03 and a beta of 0.43. TRANSAT AT has a 1 year low of C$5.07 and a 1 year high of C$11.82.

In related news, insider De Solidarité Ftq Fonds sold 450,000 shares of the company’s stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of C$11.00, for a total transaction of C$4,950,000.00. Also, Director Jean-Pierre Delisle bought 4,800 shares of TRANSAT AT stock in a transaction that occurred on Thursday, December 14th. The shares were acquired at an average cost of C$10.30 per share, for a total transaction of C$49,440.00. Insiders have sold a total of 462,125 shares of company stock worth $5,081,868 over the last ninety days.

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TRANSAT AT Company Profile

Transat A.T. Inc operates as an integrated tour operator primarily in the Americas and Europe. It develops and markets holiday travel services in package and air-only formats in approximately 50 countries. The company also operates as an outgoing and incoming tour operator by bundling services bought in Canada and abroad, and reselling them in Canada, France, the United Kingdom, and 10 European countries directly or through intermediaries.

Earnings History and Estimates for TRANSAT AT (TSE:TRZ)

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