Scotiabank Has Negative View of Transat A.T. FY2026 Earnings

Transat A.T. Inc. (TSE:TRZ) – Equities researchers at Scotiabank lowered their FY2026 earnings per share estimates for shares of Transat A.T. in a research report issued on Thursday, September 17th. Scotiabank analyst K. Gupta now forecasts that the company will earn ($8.58) per share for the year, down from their prior estimate of ($6.98). 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 ($4.37) EPS.

Transat A.T. (TSE:TRZ) last issued its quarterly earnings data on Thursday, September 10th. The company reported C($2.18) earnings per share (EPS) for the quarter. Transat A.T. had a negative net margin of 6.57% and a positive return on equity of 31.06%. The company had revenue of C$792.72 million during the quarter.

A number of other equities analysts have also recently weighed in on TRZ. TD lowered their price objective on shares of Transat A.T. from C$2.25 to C$2.00 and set a “hold” rating for the company in a research report on Friday, September 11th. Scotia decreased their price target on Transat A.T. from C$2.00 to C$1.65 and set a “sector underperform” rating on the stock in a research note on Friday, September 11th. National Bank Financial lowered Transat A.T. from a “sector perform” rating to an “underperform” rating and lowered their price target for the stock from C$3.00 to C$2.25 in a research report on Wednesday, May 27th. Finally, Desjardins dropped their price objective on Transat A.T. from C$2.80 to C$2.50 and set a “hold” rating for the company in a research note on Friday, September 11th. Three analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of C$2.28.

Transat A.T. Price Performance

Transat A.T. stock opened at C$2.00 on Monday. The company’s 50 day simple moving average is C$2.23 and its 200-day simple moving average is C$2.42. The company has a debt-to-equity ratio of -180.72, a quick ratio of 0.76 and a current ratio of 0.58. Transat A.T. has a 1 year low of C$1.78 and a 1 year high of C$3.10. The company has a market capitalization of C$82.40 million, a price-to-earnings ratio of -0.35, a price-to-earnings-growth ratio of -0.04 and a beta of 1.49.

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.