Transat A.T. (TSE:TRZ) Issues Earnings Results

Transat A.T. (TSE:TRZ) issued its quarterly earnings data on Wednesday. The company reported C$1.10 EPS for the quarter, beating analysts’ consensus estimates of C($0.06) by C$1.16, reports. The firm had revenue of C$746.32 million during the quarter, compared to analyst estimates of C$714.50 million.

Transat A.T. Stock Performance

TSE:TRZ opened at C$4.25 on Friday. The stock’s 50-day simple moving average is C$4.61 and its 200 day simple moving average is C$4.06. The firm has a market capitalization of C$6.84 million, a PE ratio of -0.50, a price-to-earnings-growth ratio of -0.04 and a beta of 1.44. The company has a quick ratio of 0.76, a current ratio of 0.93 and a debt-to-equity ratio of 16,969.40. Transat A.T. has a twelve month low of C$2.50 and a twelve month high of C$5.15.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. CIBC increased their target price on Transat A.T. from C$3.75 to C$4.25 in a report on Friday. TD Securities increased their target price on Transat A.T. from C$5.00 to C$6.00 and gave the stock a “hold” rating in a report on Friday, June 9th. Scotiabank set a C$3.50 target price on Transat A.T. and gave the stock an “underperform” rating in a report on Friday. Finally, National Bankshares increased their target price on Transat A.T. from C$3.75 to C$4.00 in a report on Friday.

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.