Shares of Transat A.T. Inc. (TSE:TRZ – Get Free Report) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$2.50 and traded as low as C$2.32. Transat A.T. shares last traded at C$2.35, with a volume of 16,075 shares.
Analyst Ratings Changes
A number of research firms have commented on TRZ. TD decreased their target price on Transat A.T. from C$2.50 to C$2.25 and set a “hold” rating on the stock in a research report on Friday, June 12th. National Bank Financial cut Transat A.T. from a “sector perform” rating to an “underperform” rating and lowered their target price for the company from C$3.00 to C$2.25 in a report on Wednesday, May 27th. Three equities research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Transat A.T. presently has an average rating of “Reduce” and an average target price of C$2.61.
Read Our Latest Stock Analysis on Transat A.T.
Transat A.T. Stock Performance
Transat A.T. (TSE:TRZ – Get Free Report) last issued its quarterly earnings results on Thursday, June 11th. The company reported C($2.58) earnings per share for the quarter. 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$1.03 billion during the quarter. Analysts anticipate that Transat A.T. Inc. will post -4.3400002 EPS for the current fiscal year.
About Transat A.T.
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.
Further Reading
- Five stocks we like better than Transat A.T.
- Why Abbott Laboratories Stock Is Suddenly Winning Back Wall Street
- Revving Up Returns: Big Banks Race Through the Rate Plateau
- Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
- Why Microsoft Is Playing a Different AI Game Than Big Tech—and Cash Flow Is the Test
Receive News & Ratings for Transat A.T. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Transat A.T. and related companies with MarketBeat.com's FREE daily email newsletter.
