Transat A.T. Inc. (TSE:TRZ) Receives C$2.61 Average Target Price from Analysts

Shares of Transat A.T. Inc. (TSE:TRZ) have earned a consensus rating of “Reduce” from the six research firms that are currently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating and three have given a hold rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is C$2.61.

TRZ has been the topic of several research reports. National Bank Financial lowered shares of Transat A.T. from a “sector perform” rating to an “underperform” rating and cut their price objective for the company from C$3.00 to C$2.25 in a report on Wednesday, May 27th. TD lowered their target price on Transat A.T. from C$2.50 to C$2.25 and set a “hold” rating for the company in a report on Friday, June 12th.

Transat A.T. Stock Up 1.7%

Shares of TRZ opened at C$2.41 on Friday. The firm has a fifty day moving average price of C$2.37 and a 200-day moving average price of C$2.51. 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 firm has a market capitalization of C$98.89 million, a P/E ratio of 0.36, a P/E/G ratio of -0.04 and a beta of 1.52. Transat A.T. has a 12-month low of C$2.11 and a 12-month high of C$3.25.

Transat A.T. (TSE:TRZ) last announced 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 during the quarter. Transat A.T. had a negative return on equity of 41.23% and a net margin of 8.11%. Equities research analysts expect that Transat A.T. will post -4.3400002 earnings per share 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.