Scotiabank Issues Negative Outlook for Transat A.T. Earnings

Transat A.T. Inc. (TSE:TRZ) – Analysts at Scotiabank decreased their FY2026 earnings per share (EPS) estimates for Transat A.T. in a research report issued on Thursday, July 23rd. Scotiabank analyst K. Gupta now forecasts that the company will earn ($6.98) per share for the year, down from their previous estimate of ($5.27). The consensus estimate for Transat A.T.’s current full-year earnings is ($4.34) per share. Scotiabank also issued estimates for Transat A.T.’s FY2027 earnings at ($1.81) EPS.

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. The business had revenue of C$1.03 billion during the quarter. Transat A.T. had a net margin of 8.11% and a negative return on equity of 41.23%.

A number of other research firms also recently issued reports on TRZ. National Bank Financial downgraded shares of Transat A.T. from a “sector perform” rating to an “underperform” rating and lowered their target price for the company from C$3.00 to C$2.25 in a report on Wednesday, May 27th. TD cut their price target on shares of Transat A.T. from C$2.50 to C$2.25 and set a “hold” rating on the stock in a research note on Friday, June 12th. Three analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average target price of C$2.61.

Transat A.T. Stock Performance

Shares of TRZ stock opened at C$2.29 on Monday. The firm has a market cap of C$93.97 million, a P/E ratio of 0.34, a PEG ratio of -0.04 and a beta of 1.52. Transat A.T. has a 1-year low of C$2.11 and a 1-year high of C$3.25. The company has a debt-to-equity ratio of -186.46, a current ratio of 0.63 and a quick ratio of 0.76. The firm’s 50-day simple moving average is C$2.44 and its 200-day simple moving average is C$2.54.

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.