Scotiabank Brokers Lower Earnings Estimates for Transat A.T.

Transat A.T. Inc. (TSE:TRZ - Free Report) - Scotiabank lowered their FY2025 EPS estimates for shares of Transat A.T. in a note issued to investors on Wednesday, January 8th. Scotiabank analyst K. Gupta now expects that the company will post earnings of ($4.27) per share for the year, down from their prior forecast of ($1.28). 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 FY2026 earnings at ($2.97) EPS.

A number of other research firms also recently issued reports on TRZ. CIBC raised their price objective on shares of Transat A.T. from C$1.45 to C$1.80 in a report on Friday, December 13th. TD Securities boosted their price objective on shares of Transat A.T. from C$2.00 to C$2.25 and gave the company a "hold" rating in a research report on Friday, December 13th. Three investment analysts have rated the stock with a sell rating and two have assigned a hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Reduce" and a consensus target price of C$1.81.

Transat A.T. Stock Performance

TRZ traded up C$0.01 during mid-day trading on Monday, reaching C$1.91. 16,053 shares of the company traded hands, compared to its average volume of 44,492. The company's fifty day moving average price is C$1.86 and its 200-day moving average price is C$1.95. The stock has a market capitalization of C$74.81 million, a P/E ratio of -0.49, a P/E/G ratio of -0.04 and a beta of 1.50. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 16,969.40. Transat A.T. has a 52-week low of C$1.68 and a 52-week high of C$4.33.

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.