Transat A.T. Inc. (TSE:TRZ – Get Free Report) shares fell 10% during mid-day trading on Friday after Scotia lowered their price target on the stock from C$2.00 to C$1.65. Scotia currently has a sector underperform rating on the stock. Transat A.T. traded as low as C$1.78 and last traded at C$1.81. Approximately 193,621 shares were traded during trading, an increase of 163% from the average session volume of 73,700 shares. The stock had previously closed at C$2.01.
A number of other equities research analysts also recently weighed in on the company. TD dropped their price objective on Transat A.T. from C$2.25 to C$2.00 and set a “hold” rating on the stock in a research report on Friday. National Bank Financial lowered shares of Transat A.T. from a “sector perform” rating to an “underperform” rating and decreased their price target for the company from C$3.00 to C$2.25 in a research report on Wednesday, May 27th. Finally, Desjardins cut their price objective on shares of Transat A.T. from C$2.80 to C$2.50 and set a “hold” rating on the stock in a research report on Friday. Three analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of C$2.28.
Read Our Latest Stock Report on TRZ
Key Transat A.T. News
- Positive Sentiment: Transat secured an additional C$250 million in emergency federal aid, providing near-term liquidity and support for operations despite its quarterly loss. Transat secures an additional $250M in emergency federal aid, reports Q3 loss
- Neutral Sentiment: Analyst views remain mixed. Desjardins lowered its target to C$2.50 but maintained a “hold” rating, while TD reduced its target to C$2.00 and also kept a “hold” rating. These targets imply potential upside, but the cuts reflect more cautious expectations. Transat analyst price-target updates
- Negative Sentiment: Scotia lowered its price target from C$2.00 to C$1.65 and assigned a “sector underperform” rating, signaling expectations that Transat may lag its industry peers.
- Negative Sentiment: Transat reported a third-quarter loss, with earnings of approximately C$2.18 per share below zero and revenue of about C$792.7 million. Reports attributed the deterioration largely to soaring fuel costs, which threaten airline margins. Transat A.T. Inc. Reports Results for the Third Quarter of Fiscal 2026 Transat reports quarterly loss on soaring fuel costs
Transat A.T. Stock Performance
The company has a quick ratio of 0.76, a current ratio of 0.58 and a debt-to-equity ratio of -180.72. The company has a market capitalization of C$77.87 million, a PE ratio of -0.33, a PEG ratio of -0.04 and a beta of 1.49. The business has a 50 day simple moving average of C$2.29 and a 200 day simple moving average of C$2.45.
Transat A.T. (TSE:TRZ – Get Free Report) last issued its quarterly earnings results on Thursday, September 10th. The company reported C($2.18) earnings per share for the quarter. Transat A.T. had a positive return on equity of 31.06% and a negative net margin of 6.57%.The business had revenue of C$792.72 million for the quarter. Equities research analysts predict that Transat A.T. Inc. will post -4.3400002 EPS for the current fiscal 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.
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