Transat A.T. (TRZ) Scheduled to Post Earnings on Thursday

Transat A.T. (TSE:TRZ) is set to post its quarterly earnings results before the market opens on Thursday, September 12th. Analysts expect Transat A.T. to post earnings of C($0.37) per share for the quarter.

Transat A.T. Price Performance

TRZ stock opened at C$1.87 on Friday. Transat A.T. has a 1 year low of C$1.82 and a 1 year high of C$4.75. The firm has a market capitalization of C$72.61 million, a PE ratio of -1.34, a price-to-earnings-growth ratio of -0.04 and a beta of 1.49. The company has a debt-to-equity ratio of 16,969.40, a current ratio of 0.81 and a quick ratio of 0.76. The business has a 50 day simple moving average of C$2.14 and a 200-day simple moving average of C$3.01.

Wall Street Analyst Weigh In

A number of analysts have issued reports on TRZ shares. Scotiabank cut their target price on Transat A.T. from C$2.50 to C$2.25 and set an “underperform” rating for the company in a research note on Friday, June 7th. TD Securities reduced their target price on shares of Transat A.T. from C$3.75 to C$3.00 and set a “hold” rating on the stock in a research note on Friday, June 7th. CIBC dropped their price target on shares of Transat A.T. from C$2.70 to C$2.30 and set an “underperform” rating for the company in a research note on Monday, June 10th. Desjardins decreased their price objective on Transat A.T. from C$4.00 to C$3.00 and set a “hold” rating on the stock in a report on Tuesday, May 14th. Finally, National Bankshares reduced their target price on Transat A.T. from C$3.00 to C$2.25 and set an “underperform” rating on the stock in a research report on Monday, May 13th. Three analysts have rated the stock with a sell rating and two have issued a hold rating to the company. Based on data from MarketBeat.com, Transat A.T. currently has an average rating of “Reduce” and an average target price of C$2.56.

About Transat A.T.

Transat A.T. Inc, together with its subsidiaries, engages in the leisure travel business primarily in Europe and the Caribbean. It offers vacation packages, hotel stays, and air travel services under the Transat and Air Transat brands. The company also offers air transportation services; outgoing tours; and destination services, including hospitality and representation, passenger transfers, excursions, tours, sports, and other activities, as well as specialty services, such as destination weddings, teambuilding, etc.