Transat A.T. (TRZ) to Release Earnings on Thursday

Transat A.T. (TSE:TRZ) will release its earnings data before the market opens on Thursday, September 12th. Analysts expect Transat A.T. to post earnings of C($0.37) per share for the quarter.

Transat A.T. Stock Down 0.5 %

Shares of Transat A.T. stock opened at C$1.86 on Tuesday. The business has a 50-day moving average of C$2.12 and a 200-day moving average of C$2.97. The company has a debt-to-equity ratio of 16,969.40, a current ratio of 0.81 and a quick ratio of 0.76. The company has a market capitalization of C$72.22 million, a PE ratio of -1.33, a P/E/G ratio of -0.04 and a beta of 1.50. Transat A.T. has a 1-year low of C$1.80 and a 1-year high of C$4.75.

Analyst Upgrades and Downgrades

A number of research firms recently commented on TRZ. Scotiabank decreased their price target on Transat A.T. from C$2.50 to C$2.25 and set an “underperform” rating for the company in a research note on Friday, June 7th. National Bankshares decreased their price target on Transat A.T. from C$3.00 to C$2.25 and set an “underperform” rating for the company in a research note on Monday, May 13th. CIBC decreased their price target on Transat A.T. from C$2.70 to C$2.30 and set an “underperform” rating for the company in a research note on Monday, June 10th. TD Securities decreased their price target on Transat A.T. from C$3.75 to C$3.00 and set a “hold” rating for the company in a research note on Friday, June 7th. Finally, Desjardins decreased their price target on Transat A.T. from C$4.00 to C$3.00 and set a “hold” rating for the company in a research note on Tuesday, May 14th. Three equities research analysts have rated the stock with a sell rating and two have assigned a hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of C$2.56.

Transat A.T. Company Profile

Transat A.T. Inc, together with its subsidiaries, engages in the leisure travel business primarily in Europe and the Caribbean. It offers vacation packages, hotel stays, and air travel services under the Transat and Air Transat brands. The company also offers air transportation services; outgoing tours; and destination services, including hospitality and representation, passenger transfers, excursions, tours, sports, and other activities, as well as specialty services, such as destination weddings, teambuilding, etc.