Q1 2018 EPS Estimates for TRANSAT AT Inc Reduced by Analyst (TRZ)

TRANSAT AT Inc (TSE:TRZ) – Cormark dropped their Q1 2018 earnings per share (EPS) estimates for shares of TRANSAT AT in a research report issued to clients and investors on Tuesday. Cormark analyst D. Tyerman now anticipates that the company will post earnings of ($0.86) per share for the quarter, down from their previous forecast of ($0.72). Cormark also issued estimates for TRANSAT AT’s Q2 2018 earnings at ($0.03) EPS, FY2018 earnings at $0.81 EPS, Q1 2019 earnings at ($0.71) EPS and FY2019 earnings at $1.32 EPS.

TRANSAT AT (TSE:TRZ) last announced its quarterly earnings results on Thursday, December 14th. The company reported C$1.24 earnings per share (EPS) for the quarter, topping the Zacks’ 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%.

Several other brokerages have also weighed in on TRZ. National Bank Financial upped their price objective on TRANSAT AT from C$13.50 to C$15.00 and gave the company an “outperform” rating in a report on Wednesday, December 20th. Scotiabank upped their price objective on TRANSAT AT from C$10.00 to C$10.50 and gave the company a “sector perform” rating in a report on Friday, December 15th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of C$11.93.

Shares of TRANSAT AT (TSE:TRZ) opened at C$10.89 on Thursday. The firm 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 twelve month low of C$5.07 and a twelve month high of C$11.82.

In other news, insider De Solidarité Ftq Fonds sold 450,000 shares of the business’s stock in a transaction on 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 the business’s stock in a transaction dated Thursday, December 14th. The shares were bought at an average cost of C$10.30 per share, for a total transaction of C$49,440.00. Insiders have sold 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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