TRZ.TO - Transat A.T. Inc.

Toronto - Toronto Delayed Price. Currency in CAD
15.23
+0.06 (+0.40%)
At close: 4:00PM EDT
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Previous Close15.17
Open15.16
Bid15.22 x 0
Ask15.29 x 0
Day's Range15.15 - 15.30
52 Week Range4.50 - 17.00
Volume125,747
Avg. Volume202,909
Market Cap574.888M
Beta (3Y Monthly)1.14
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2008-12-29
1y Target EstN/A
  • Build a $1,000,000 RRSP Starting in Your 40s
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  • The Canadian Press

    Most actively traded companies on the TSX

    TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange:Toronto Stock Exchange (16,867.20, down 32.49 points).Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up 18 cents, or 0.49 per cent, to $36.63 on seven million shares.Nemaska Lithium Inc. (TSX:NMX). Materials. Down 3.5 cents, or 12.5 per cent, to 24.5 cents on 6.8 million shares.First Quantum Minerals Ltd. (TSX:FM). Materials. Down $1.18, or 9.66 per cent, to $11.03 on 6.5 million shares.Encana Corp. (TSX:ECA). Energy. Up 15 cents, or 2.3 per cent, to $6.68 on 6.1 million shares.Kinross Gold Corp. (TSX:K). Materials. Up 22 cents, or 3.2 per cent, to $7.10 on 5.8 million shares.Aurora Cannabis Inc. (TSX:ACB). Health care. Up five cents, or 0.75 per cent, to $6.72 on 5.3 million shares. Companies in the news:Transat Inc. (TSX:TRZ). Down six cents to $15.13. Transat Inc. could face fallout from the collapse of Thomas Cook Group Plc after a partnership between the companies died Monday. The tour operator, which runs Air Transat, was in the second year of a seven-year deal to exchange aircraft with the British company's airline on a seasonal basis. The Montreal-based Transat was slated to receive at least seven jetliners from Thomas Cook this fall, but "the partnership is dead because the company no longer exists," spokesman Christophe Hennebelle said. He said Transat, which is working to complete its takeover by Air Canada next year, is "confident" the Airbus A321 planes will still come through, but is making contingency plans.First Quantum Minerals Ltd. — First Quantum Minerals Ltd. says it's in talks regarding a potential sale of a minority interest in its Zambian copper assets. However, the Canadian miner says it has not held any talks regarding a takeover of the company. The comments follow speculation last week about a possible bid for the company by Chinese mining company Jiangxi Copper Corp. Ltd. Shares in the company rose late last week following reports citing unidentified sources regarding takeover interest in the company. However, First Quantum says it has not engaged in any discussions regarding a takeover bid or other change of control transaction and has no knowledge of potential takeover bids.Osisko Gold Royalties Ltd. (TSX:OR). Down $1.62 or 9.96 per cent to $14.64. Shares in Osisko Gold Royalties Ltd. fell Monday after it announced a deal to buy the shares of Barkerville Gold Mines Ltd. it doesn't already own. Osisko, which has a 32.6 per cent stake in Barkerville, says the deal will give it a larger role in advancing and developing Barkerville's Cariboo gold project in British Columbia. The Montreal-based mining company also announced it was creating the North Spirit Discovery Group to privatize and surface value in resource development projects. Osisko shares slipped to as little as $14.59 from Friday's close of $16.26 after it announced it would issue 0.0357 of a common share of Osisko for each Barkerville share.Canadian Utilities Ltd. (TSX:CU). Down 13 cents to $38.79. Canadian Utilities Ltd. says seven Indigenous communities have accepted its invitation to take a 40 per cent interest in a power transmission line between Edmonton and Fort McMurray in northern Alberta. The Calgary-based utility company and its partner Quanta Services Inc. announced in June they had signed a deal to sell Alberta PowerLine for about $300 million and the assumption of $1.4 billion of debt to a consortium including TD Greystone Asset Management. As part of the sale, Indigenous communities along the transmission line route were given the chance to buy up to a 40 per cent combined equity interest, with the final ownership mix based on acceptance.DHX Media Ltd. (TSX:DHX). Up 18 cents or 11 per cent to $1.81. DHX Media Ltd. is changing its corporate name to WildBrain, the name of its child-focused YouTube business, which will be renamed WildBrain Spark. DHX chief executive Eric Ellenbogen, the former head of Marvel Enterprises, also announced there will be a reorganization of the business to have a more simplified structure as it works to grow its audience while managing a large corporate debt. Ellenbogen, who was named chief executive at DHX last month, said that it's not news that the company has faced "some considerable challenges" in recent years, but the changes Monday and others ahead will "set the stage for a path forward." This report by The Canadian Press was first published Sept. 23, 2019.The Canadian Press

  • Why Air Canada (TSX:AC) Stock Remained Flat in August
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  • Thomson Reuters StreetEvents

    Edited Transcript of TRZ.TO earnings conference call or presentation 12-Sep-19 2:00pm GMT

    Q3 2019 Transat AT Inc Earnings Call

  • Baystreet

    Stocks in play: Transat A.T. Inc.

    Announced its results for the third quarter ended July 31, 2019. Revenues were $698.9 million. Adjusted ...

  • Transat loss more than doubles as it works to complete Air Canada deal
    The Canadian Press

    Transat loss more than doubles as it works to complete Air Canada deal

    MONTREAL — Transat AT Inc.'s third-quarter net loss more than doubled from the same time last year as the tour operator worked to complete its takeover by Air Canada.The Montreal-based company lost $11.0 million in the quarter ended July 31 versus its $5.0-million net loss the year prior.The push to close Transat's sale to Air Canada heaped on an extra $14 million in costs in its third quarter, including $6 million in professional fees and $7.7 million in stock-based compensation for executives.Offsetting part of the expense were more travellers opting to book last-minute flights — typically pricier than long-term bookings — in a "surprising" trend that boosted revenue per passenger, chief operating officer Annick Guerard said."I think that was an important difference that we saw, which allowed us, of course, to increase load factors, but as well to increase pricing," Guerard said on a conference call with investors Thursday. "I don't know if it's going to continue like this in Europe for the months to come, but for September this is what we're still seeing."Transatlantic passenger traffic — key in the late-spring and summer months when sun-destination trips drop off — rose more than four per cent year over year last quarter to help boost revenue to $698.9 million, up from $664.6 million a year earlier.Guerard said the ongoing grounding of the Boeing 737 Max, which has forced airlines such as Air Canada and WestJet Airlines Ltd. to fall back on less fuel-efficient planes and spend more on aircraft leases, has not worked to the advantage of Transat, which has no Max jets in its fleet."They have been able to look for alternate solutions to replace that capacity in most of the markets where we compete," Guerard said of rival carriers.The $720-million Air Canada deal, approved last month by 94.7 per cent of Transat shareholders, faces intense scrutiny from regulators eyeing the impact of an acquisition that will see the country's largest carrier control at least 60 per cent of transatlantic air travel from Canada.Transport Canada has said it will conclude its assessment of the transaction by May 2, 2020.Transat, which saw a Quebec court sign off on the agreement in August, expects the $18-per-share purchase to close by the second quarter of the 2020 calendar year if the required regulatory approvals are obtained and conditions are met."We're very satisfied with the strong support received from our shareholders and the final approval of the arrangement plan," chief executive Jean-Marc Eustache said in a statement. Companies in this story: (TSX:TRZ, TSX:AC, TSX:WJA)The Canadian Press

  • 2 Canadian Growth Stocks to Buy in September
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    2 Canadian Growth Stocks to Buy in September

    Air Canada (TSX:AC)(TSX:AC.B) is one of the two stocks which growth-hungry investors should consider to buy in September.

  • Why Air Canada’s (TSX:AC) Acquisition of Transat (TSX:TRZ) Could Fall Through
    The Motley Fool

    Why Air Canada’s (TSX:AC) Acquisition of Transat (TSX:TRZ) Could Fall Through

    Air Canada (TSX:AC)(TSX:AC.B) will become an even bigger player in the industry if its deal to acquire Transat AT Inc. (TSX:TRZ) is approved, and that could have a significant impact on competition.

  • Air Canada's Transat takeover 'raises public interest issues,' says transport minister
    Yahoo Finance Canada

    Air Canada's Transat takeover 'raises public interest issues,' says transport minister

    Air Canada’s (AC) proposed takeover of Transat A.T. Inc. (TRZ.TO) raises issues issues related to public interest and requires additional time to conduct a thorough analysis, says Canada’s Transport Minister.

  • Transat shareholders approve Air Canada deal, but regulatory hurdles remain
    Yahoo Finance Canada

    Transat shareholders approve Air Canada deal, but regulatory hurdles remain

    Transat A.T. Inc. shareholders voted in favour of Air Canada’s proposed takeover deal on Friday,.

  • Transat shareholders to vote on Air Canada deal Friday
    Yahoo Finance Canada

    Transat shareholders to vote on Air Canada deal Friday

    Three months after the offer was first announced, Transat A.T. Inc. (TRZ) shareholders will decide whether to approve Air Canada’s (AC) proposed acquisition of the company on Friday.

  • Baystreet

    Transat Recommends Acceptance of Deal with Air Canada, Shares Hit 52-week High

    Transat A.T. Inc. (T.TRZ) hit a new 52-week high of $17.00 Tuesday. Transat says that Institutional ...