Q1 2018 EPS Estimates for TRANSAT AT Inc Reduced by Analyst (TRZ)

TRANSAT AT Inc (TSE:TRZ) – Analysts at Cormark decreased their Q1 2018 earnings per share (EPS) estimates for TRANSAT AT in a report issued on Tuesday. Cormark analyst D. Tyerman now expects that the company will post earnings of ($0.86) per share for the quarter, down from their previous estimate of ($0.72). Cormark also issued estimates for TRANSAT AT’s Q2 2018 earnings at ($0.03) EPS, FY2018 earnings at $0.81 EPS, Q1 2019 earnings at ($0.71) EPS and FY2019 earnings at $1.32 EPS.

TRANSAT AT (TSE:TRZ) last announced its quarterly earnings results on Thursday, December 14th. The company reported C$1.24 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of C$1.01 by C$0.23. TRANSAT AT had a negative return on equity of 7.84% and a negative net margin of 0.70%.

Other research analysts have also issued research reports about the company. National Bank Financial boosted their price target on TRANSAT AT from C$13.50 to C$15.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 20th. Scotiabank boosted their price target on TRANSAT AT from C$10.00 to C$10.50 and gave the stock a “sector perform” rating in a research report on Friday, December 15th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of C$11.93.

TRANSAT AT (TRZ) opened at C$10.89 on Thursday. TRANSAT AT has a 12-month low of C$5.07 and a 12-month high of C$11.82. The stock has a market capitalization of $405.64, a price-to-earnings ratio of 3.03 and a beta of 0.43.

In other news, Director Jean-Pierre Delisle acquired 4,800 shares of the business’s stock in a transaction dated Thursday, December 14th. The stock was acquired at an average price of C$10.30 per share, for a total transaction of C$49,440.00. Also, Director Bernard Bussières sold 11,000 shares of the company’s stock in a transaction on Tuesday, January 23rd. The shares were sold at an average price of C$10.90, for a total value of C$119,900.00. Insiders have sold a total of 462,125 shares of company stock valued at $5,081,868 in the last quarter.

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Transat A.T. Inc operates as an integrated tour operator primarily in the Americas and Europe. It develops and markets holiday travel services in package and air-only formats in approximately 50 countries. The company also operates as an outgoing and incoming tour operator by bundling services bought in Canada and abroad, and reselling them in Canada, France, the United Kingdom, and 10 European countries directly or through intermediaries.

Earnings History and Estimates for TRANSAT AT (TSE:TRZ)

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