Transat A.T. Inc. (TSE:TRZ) Given Average Rating of “Reduce” by Analysts

Shares of Transat A.T. Inc. (TSE:TRZ) have been assigned an average recommendation of “Reduce” from the six research firms that are presently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a sell recommendation and three have given a hold recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is C$2.61.

Several brokerages recently issued reports on TRZ. National Bank Financial cut Transat A.T. from a “sector perform” rating to an “underperform” rating and cut their target price for the company from C$3.00 to C$2.25 in a research report on Wednesday, May 27th. TD cut their target price on Transat A.T. from C$2.50 to C$2.25 and set a “hold” rating on the stock in a research report on Friday, June 12th.

Transat A.T. Trading Up 1.6%

Shares of Transat A.T. stock opened at C$2.47 on Friday. The company has a debt-to-equity ratio of -186.46, a quick ratio of 0.76 and a current ratio of 0.63. Transat A.T. has a 52 week low of C$2.11 and a 52 week high of C$3.25. The stock has a 50 day moving average price of C$2.64 and a two-hundred day moving average price of C$2.59. The stock has a market capitalization of C$101.35 million, a PE ratio of 0.37, a price-to-earnings-growth ratio of -0.04 and a beta of 1.55.

Transat A.T. (TSE:TRZ) last announced its quarterly earnings data on Thursday, June 11th. The company reported C($2.58) EPS for the quarter. Transat A.T. had a net margin of 8.11% and a negative return on equity of 41.23%. The firm had revenue of C$1.03 billion during the quarter. As a group, equities analysts anticipate that Transat A.T. will post -4.3400002 earnings per share for the current fiscal year.

Transat A.T. Company Profile

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.