Transat A.T. (TSE:TRZ – Get Free Report) released its quarterly earnings data on Thursday. The company reported C($2.18) earnings per share (EPS) for the quarter, FiscalAI reports. Transat A.T. had a net margin of 8.11% and a negative return on equity of 41.23%. The business had revenue of C$792.72 million during the quarter.
Transat A.T. Stock Up 0.5%
Shares of Transat A.T. stock opened at C$2.19 on Thursday. The company has a market cap of C$89.86 million, a price-to-earnings ratio of 0.33, a price-to-earnings-growth ratio of -0.04 and a beta of 1.49. The company’s 50 day moving average is C$2.30 and its 200 day moving average is C$2.46. Transat A.T. has a twelve month low of C$2.11 and a twelve month high of C$3.24. The company has a quick ratio of 0.76, a current ratio of 0.63 and a debt-to-equity ratio of -186.46.
Wall Street Analysts Forecast Growth
TRZ has been the subject of several recent analyst reports. TD decreased their price target on 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. National Bank Financial cut Transat A.T. from a “sector perform” rating to an “underperform” rating and dropped their price objective for the company from C$3.00 to C$2.25 in a research report on Wednesday, May 27th. Three investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of C$2.61.
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.
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