Research Analysts Set Expectations for ATS FY2027 Earnings

ATS Co. (TSE:ATS) – Research analysts at Scotiabank raised their FY2027 earnings estimates for shares of ATS in a note issued to investors on Thursday, October 22nd. Scotiabank analyst J. Goldman now expects that the company will post earnings per share of $1.50 for the year, up from their prior estimate of $1.38.

ATS has been the topic of a number of other reports. TD Securities downgraded ATS from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 10th. National Bank Financial dropped their target price on ATS from C$57.00 to C$42.00 and set an “outperform” rating for the company in a report on Friday, August 7th. Desjardins dropped their target price on ATS from C$52.00 to C$46.00 and set a “buy” rating for the company in a report on Friday, August 7th. Raymond James Financial cut their target price on ATS from C$46.00 to C$33.00 and set an “outperform” rating on the stock in a research report on Friday, August 7th. Finally, TD lowered ATS from a “buy” rating to a “hold” rating and decreased their price target for the company from C$49.00 to C$33.00 in a report on Monday, August 10th. Six analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, ATS presently has an average rating of “Moderate Buy” and a consensus price target of C$42.25.

ATS Price Performance

Shares of TSE ATS opened at C$26.59 on Tuesday. The business’s 50 day moving average is C$26.47 and its two-hundred day moving average is C$37.23. ATS has a 1-year low of C$24.40 and a 1-year high of C$49.48. The stock has a market capitalization of C$2.61 billion, a P/E ratio of 55.40 and a beta of 1.18.

ATS (TSE:ATS) last released its quarterly earnings results on Thursday, August 6th. The company reported C$0.35 EPS for the quarter. The company had revenue of C$698.30 million during the quarter. ATS had a return on equity of 2.66% and a net margin of 1.61%.

About ATS

ATS Corporation is an industry-leading automation solutions provider to many of the world’s most successful companies. ATS uses its extensive knowledge base and global capabilities in custom automation, repeat automation, automation products and value-added solutions including pre-automation and after-sales services, to address the sophisticated manufacturing automation systems and service needs of multinational customers in markets such as life sciences, food & beverage, industrial and consumer, and energy.