Desjardins Forecasts Transat A.T. FY2027 Earnings

Transat A.T. Inc. (TSE:TRZ) – Desjardins issued their FY2027 earnings per share estimates for shares of Transat A.T. in a note issued to investors on Friday, June 13th. Desjardins analyst B. Poirier forecasts that the company will earn $0.43 per share for the year. The consensus estimate for Transat A.T.’s current full-year earnings is ($4.34) per share.

A number of other research firms have also recently commented on TRZ. National Bankshares lifted their price target on shares of Transat A.T. from C$1.50 to C$1.75 and gave the stock an “underperform” rating in a research note on Friday, June 6th. TD Securities raised shares of Transat A.T. from a “hold” rating to a “strong-buy” rating and raised their price objective for the stock from C$1.75 to C$4.75 in a research note on Friday, June 6th. Finally, Scotiabank upped their target price on Transat A.T. from C$1.75 to C$2.00 and gave the company an “underperform” rating in a research note on Friday. Three equities research analysts have rated the stock with a sell rating, one has issued a hold rating and one has given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of C$2.46.

Transat A.T. Stock Down 3.2%

TSE TRZ opened at C$2.40 on Monday. The company has a quick ratio of 0.76, a current ratio of 0.81 and a debt-to-equity ratio of -241.60. Transat A.T. has a 52 week low of C$1.41 and a 52 week high of C$3.00. The firm has a market capitalization of C$95.30 million, a price-to-earnings ratio of -0.82, a PEG ratio of -0.04 and a beta of 1.50. The company has a fifty day moving average of C$1.69 and a two-hundred day moving average of C$1.74.

Transat A.T. Company Profile

Transat A.T. Inc is a Canadian company that specializes in the organization, marketing, and distribution of holiday travel in the tourism industry. The company offers vacation packages, hotel stays, and air travel under the Transat and Air Transat brands. The company’s core business consists of tour operators based in Canada that are vertically integrated with its other services of air transportation, distribution through a dynamic travel agency network, value-added services at travel destinations, and accommodations.