Scotiabank Has Negative View of Transat A.T. FY2026 Earnings

Transat A.T. Inc. (TSE:TRZ) – Equities research analysts at Scotiabank lowered their FY2026 earnings per share (EPS) estimates for shares of Transat A.T. in a research note issued to investors on Thursday, September 17th. Scotiabank analyst K. Gupta now anticipates that the company will post earnings per share of ($8.58) for the year, down from their prior forecast of ($6.98). The consensus estimate for Transat A.T.’s current full-year earnings is ($4.34) per share. Scotiabank also issued estimates for Transat A.T.’s FY2027 earnings at ($4.37) EPS.

A number of other equities research analysts also recently commented on TRZ. TD dropped their price objective on shares of 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, September 11th. Desjardins lowered their target price on shares of Transat A.T. from C$2.80 to C$2.50 and set a “hold” rating for the company in a research note on Friday, September 11th. National Bank Financial lowered Transat A.T. from a “sector perform” rating to an “underperform” rating and dropped their target price for the company from C$3.00 to C$2.25 in a report on Wednesday, May 27th. Finally, Scotia cut their price target on Transat A.T. from C$2.00 to C$1.65 and set a “sector underperform” rating on the stock in a research note on Friday, September 11th. Three investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of C$2.28.

Transat A.T. Price Performance

Shares of TSE:TRZ opened at C$2.00 on Monday. The firm’s 50 day moving average price is C$2.23 and its 200 day moving average price is C$2.42. The stock has a market cap of C$82.40 million, a price-to-earnings ratio of -0.35, a price-to-earnings-growth ratio of -0.04 and a beta of 1.49. Transat A.T. has a fifty-two week low of C$1.78 and a fifty-two week high of C$3.10. The company has a quick ratio of 0.76, a current ratio of 0.58 and a debt-to-equity ratio of -180.72.

Transat A.T. (TSE:TRZ) last announced its quarterly earnings data on Thursday, September 10th. The company reported C($2.18) EPS for the quarter. Transat A.T. had a positive return on equity of 31.06% and a negative net margin of 6.57%.The company had revenue of C$792.72 million for the quarter.

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.