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

Transat A.T. (TSE:TRZ) will issue its quarterly earnings data before the market opens on Thursday, September 12th. Analysts expect the company to announce earnings of C($0.37) per share for the quarter.

Transat A.T. Stock Performance

Shares of Transat A.T. stock opened at C$1.87 on Friday. The business has a 50-day simple moving average of C$2.14 and a 200-day simple moving average of C$3.01. The company has a debt-to-equity ratio of 16,969.40, a quick ratio of 0.76 and a current ratio of 0.81. Transat A.T. has a one year low of C$1.82 and a one year high of C$4.75. The company has a market cap of C$72.61 million, a PE ratio of -1.34, a P/E/G ratio of -0.04 and a beta of 1.49.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. TD Securities lowered their price target on shares of Transat A.T. from C$3.75 to C$3.00 and set a “hold” rating for the company in a report on Friday, June 7th. CIBC lowered their target price 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 cut their price target on Transat A.T. from C$4.00 to C$3.00 and set a “hold” rating on the stock in a research note on Tuesday, May 14th. National Bankshares lowered their price objective on Transat A.T. from C$3.00 to C$2.25 and set an “underperform” rating for the company in a research report on Monday, May 13th. Finally, Scotiabank dropped their price objective on Transat A.T. from C$2.50 to C$2.25 and set an “underperform” rating on the stock in a report on Friday, June 7th. Three research analysts have rated the stock with a sell rating and two have given a hold rating to the stock. According to MarketBeat, Transat A.T. currently has an average rating of “Reduce” and a consensus price target of C$2.56.

Transat A.T. Company Profile

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.