Transat A.T. (TSE:TRZ) Posts Earnings Results

Transat A.T. (TSE:TRZ) issued its quarterly earnings results on Thursday. The company reported C($2.58) earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of C$1.03 billion for the quarter. Transat A.T. had a negative return on equity of 44.87% and a net margin of 9.74%.

Transat A.T. Price Performance

TSE TRZ opened at C$2.40 on Thursday. The company has a debt-to-equity ratio of -216.74, a current ratio of 0.71 and a quick ratio of 0.76. The stock’s fifty day moving average price is C$2.64 and its 200 day moving average price is C$2.58. Transat A.T. has a 1 year low of C$2.11 and a 1 year high of C$3.25. The company has a market cap of C$97.83 million, a price-to-earnings ratio of 0.30, a PEG ratio of -0.04 and a beta of 1.55.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on TRZ. TD Securities downgraded Transat A.T. from a “buy” rating to a “hold” rating and reduced their price target for the stock from C$5.00 to C$3.00 in a research report on Wednesday, February 11th. National Bank Financial downgraded Transat A.T. from a “sector perform” rating to an “underperform” rating and cut their target price for the company from C$3.00 to C$2.25 in a research report on Wednesday, May 27th. Two analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Strong Sell” and an average price target of C$2.68.

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.