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 14th. Analysts expect Transat A.T. to post earnings of C($0.06) per share for the quarter.

Transat A.T. Trading Up 0.5 %

TRZ opened at C$4.09 on Tuesday. The company’s 50 day moving average is C$4.67 and its 200-day moving average is C$4.04. Transat A.T. has a 1-year low of C$2.50 and a 1-year high of C$5.15. The company has a current ratio of 0.93, a quick ratio of 0.76 and a debt-to-equity ratio of 16,969.40. The company has a market cap of C$6.58 million, a P/E ratio of -0.48, a PEG ratio of -0.04 and a beta of 1.44.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on TRZ shares. National Bankshares raised their price target on shares of Transat A.T. from C$3.50 to C$3.75 and gave the company an “underperform” rating in a research note on Wednesday, August 23rd. Scotiabank lifted their price objective on shares of Transat A.T. from C$2.00 to C$3.50 in a research note on Friday, June 9th. CIBC lifted their price objective on shares of Transat A.T. from C$3.50 to C$3.75 in a research note on Sunday, June 11th. Finally, TD Securities boosted their price target on shares of Transat A.T. from C$5.00 to C$6.00 and gave the company a “hold” rating in a research note on Friday, June 9th.

Transat A.T. Company Profile

Transat A.T. Inc operates as an integrated international tourism company in the Americas and Europe. The company offers vacation packages, hotel stays, and air travel services under the Transat and Air Transat brands to approximately 60 destinations in approximately 25 countries. It also operates outgoing tours; and involved in the retail distribution activities, such as providing advice to travelers.