Transat A.T. Inc. (TSE:TRZ) Receives Average Rating of “Reduce” from Brokerages

Shares of Transat A.T. Inc. (TSE:TRZ) have earned an average rating of “Reduce” from the six brokerages that are covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation and three have issued a hold recommendation on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is C$2.61.

Several analysts have weighed in on TRZ shares. National Bank Financial cut Transat A.T. from a “sector perform” rating to an “underperform” rating and dropped their price objective for the stock from C$3.00 to C$2.25 in a report on Wednesday, May 27th. TD lowered 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.

Transat A.T. Price Performance

Shares of TRZ traded down C$0.01 during mid-day trading on Tuesday, reaching C$2.35. The company had a trading volume of 17,992 shares, compared to its average volume of 80,919. The company’s 50-day moving average is C$2.53 and its 200-day moving average is C$2.57. The company has a debt-to-equity ratio of -186.46, a current ratio of 0.63 and a quick ratio of 0.76. 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 capitalization of C$96.43 million, a P/E ratio of 0.35, a P/E/G ratio of -0.04 and a beta of 1.52.

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