Transat A.T. Inc.

TRZ

CA89351T4019

Leisure & Recreation

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-05-17 pm EDT			5-day change	1st Jan Change
3.27 ^CAD	+0.62%		-0.91%	-12.33%

May. 14	Transat A.T. Price Target Lowered to $3 at Desjardins	MT
May. 10	Transat Brief: Keeps Underperform Rating But Target Cut To C$2.25 From $3 at National Bank Following the Company's Lowered Margin Expectation For FY 2024	MT

An unknown owner of the Marival Group entered into a sale and purchase agreement to acquire the remaining 50% stake in Marival Armony Luxury Resort from Transat A.T. Inc. for a transaction valued at $15.5 million.

December 13, 2023

An unknown owner of the Marival Group entered into a sale and purchase agreement to acquire the remaining 50% stake in Marival Armony Luxury Resort from Transat A.T. Inc. (TSX:TRZ) for a transaction valued at $15.5 million on December 14, 2023. The proceeds of the sale will be used to immediately repay a portion of the Corporation's secured facilities. The transaction is expected to close during Transat's 2024 first quarter.

Latest news about Transat A.T. Inc.

Transat A.T. Price Target Lowered to $3 at Desjardins	May. 14	MT
Transat Brief: Keeps Underperform Rating But Target Cut To C$2.25 From $3 at National Bank Following the Company's Lowered Margin Expectation For FY 2024	May. 10	MT
Toronto Stocks Unchanged, Transat Shares Down on Weaker Margin Outlook	May. 10	DJ
Transat Says "Will Likely Not Achieve" Its adjusted EBITDA Margin forecast for fiscal 2024	May. 10	MT
Transat Brief: Says "Will likely not achieve" its adjusted EBITDA margin forecast for fiscal 2024	May. 10	MT
Transat Brief: Revises financial forecast for 2024	May. 10	MT
Transcript : Transat A.T. Inc. - Shareholder/Analyst Call	Apr. 23
Transat A.T. Price Target Lowered to $3.75 at TD	Mar. 19	MT
Transat A.T. Inc Receives a Shareholder Proposal from Shareholders' Education and Defense Movement	Mar. 18	CI
Transat A.T. Promotes Ponce to Chief Revenue Officer	Mar. 18	MT
Transat A.T. Inc. Appoints Sebastian Ponce as Chief Revenue Officer	Mar. 18	CI
Analysts Lower Price Targets on Transat A.T.	Mar. 15	MT
National Bank Trims Transat Target to $3, Maintains Underperform, After Q1	Mar. 14	MT
Transat Drops 8% As Widens Adjusted EPS YOY In Fiscal Q1	Mar. 14	MT
Transat A.T. Declines 7%, CIBC Maintains Underperform	Mar. 14	MT
Transcript : Transat A.T. Inc., Q1 2024 Earnings Call, Mar 14, 2024	Mar. 14
Transat Widens Adjusted EPS YOY In Fiscal Q1	Mar. 14	MT
Refile-- Transat Brief: Q1 Revenues of $785.5 million, up 17.7% from $667.5 million last year; Net loss of $61.0 million ($1.58 per share), versus $56.6 million ($1.49 per share) last year	Mar. 14	MT
Transat Brief: Revenues of $785.5 million, up 17.7% from $667.5 million last year; Net loss of $61.0 million ($1.58 per share), versus $56.6 million ($1.49 per share) last year	Mar. 14	MT
Transat A.T. Inc. Reports Earnings Results for the First Quarter Ended January 31, 2024	Mar. 13	CI
National Bank on Canadian Airlines and Trans-Atlantic Market in 2024	Mar. 05	MT
Transat A.T. Flight Attendants Ratify New Collective Bargaining Agreement	Feb. 26	MT
Air Transat cabin crew members ratify new contract with airline	Feb. 26	RE
Air Canada Brief: Responding to Suspension of Operations at Lynx Air	Feb. 23	MT
National Bank on Impact of Lynx Air's Ceasing Operations	Feb. 23	MT

Chart Transat A.T. Inc.

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Company Profile

Transat A.T. Inc. is a Canada-based integrated international tourism company specializing in holiday travel. The Company offers vacation packages, hotel stays and air travel under the Transat and Air Transat brands to some 60 destinations in more than 25 countries in the Americas and Europe. The Company's core business consists of a Canadian leisure airline, offering international and Canadian destinations, and is vertically integrated with its other services of holiday packages, distribution through a dynamic travel agency network and value-added services at travel destinations. It flies to international destinations in the Americas and Europe, and offers domestic and connecting flights within Canada, and carries some 5 million passengers every year. Its destination service offers a range of products for customers for outgoing tour operators, such as hospitality and representation, passenger transfers, excursions, tours, sports and other activities, and specialty services.

Sector

Leisure & Recreation

Calendar

2024-06-05 - Q2 2024 Earnings Call

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Ratings for Transat A.T. Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

UNDERPERFORM

Number of Analysts

Last Close Price

3.27 CAD

Average target price

2.84 CAD

Spread / Average Target

-13.15%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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RAINBOW TOURS S.A.	+74.75%	413M
CHOBE HOLDINGS LIMITED	+2.90%	101M
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Guided Tour Operators

Transat A.T. Inc.

Equities

TRZ

CA89351T4019

Leisure & Recreation

An unknown owner of the Marival Group entered into a sale and purchase agreement to acquire the remaining 50% stake in Marival Armony Luxury Resort from Transat A.T. Inc. for a transaction valued at $15.5 million.

EPS Revisions