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

Shares of Transat A.T. Inc. (TSE:TRZ) have earned an average rating of “Reduce” from the six research firms that are presently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a sell rating and three have given a hold rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is C$2.61.

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

Transat A.T. Price Performance

Shares of TSE:TRZ opened at C$2.33 on Tuesday. The company has a current ratio of 0.63, a quick ratio of 0.76 and a debt-to-equity ratio of -186.46. The company’s 50 day moving average is C$2.51 and its 200 day moving average is C$2.56. Transat A.T. has a twelve month low of C$2.11 and a twelve month high of C$3.25. The company has a market cap of C$95.61 million, a PE ratio of 0.35, a price-to-earnings-growth ratio of -0.04 and a beta of 1.52.

Transat A.T. (TSE:TRZ) last posted its quarterly earnings results 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 business had revenue of C$1.03 billion during the quarter. On average, sell-side analysts forecast that Transat A.T. will post -4.3400002 EPS 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.