ATS (NYSE:ATS) Given "Sell (D)" Rating at Weiss Ratings

Key Points

• ATS (NYSE:ATS) has received a "Sell (D)" rating from Weiss Ratings, indicating a bearish outlook on the stock.
• Analysts show mixed sentiments, with Zacks and Wall Street Zen both upgrading ATS to a "hold" rating from previous lower ratings.
• ATS demonstrated quarterly earnings of $0.30 EPS, surpassing expectations, despite reporting a negative net margin of 1.44%.

ATS (NYSE:ATS - Get Free Report)'s stock had its "sell (d)" rating reaffirmed by equities researchers at Weiss Ratings in a research report issued on Friday,Weiss Ratings reports.

Several other analysts have also issued reports on the stock. Zacks Research raised shares of ATS from a "strong sell" rating to a "hold" rating in a research report on Tuesday, October 14th. Wall Street Zen raised shares of ATS from a "sell" rating to a "hold" rating in a report on Saturday, July 5th. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, ATS presently has an average rating of "Reduce".

ATS Price Performance

ATS stock traded up $0.04 during mid-day trading on Friday, reaching $27.01. The company had a trading volume of 56,936 shares, compared to its average volume of 128,066. ATS has a fifty-two week low of $20.90 and a fifty-two week high of $33.13. The company has a current ratio of 1.62, a quick ratio of 1.32 and a debt-to-equity ratio of 0.87. The company has a market cap of $2.64 billion, a P/E ratio of -100.04 and a beta of 1.24. The business has a fifty day simple moving average of $26.98 and a 200 day simple moving average of $27.97.

ATS (NYSE:ATS - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.30 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $0.03. ATS had a negative net margin of 1.44% and a positive return on equity of 7.79%. The company had revenue of $541.11 million for the quarter, compared to analyst estimates of $712.16 million. During the same period in the prior year, the firm posted $0.50 EPS. The company's quarterly revenue was up 6.1% on a year-over-year basis. ATS has set its Q2 2026 guidance at EPS. On average, equities research analysts predict that ATS will post 1.02 earnings per share for the current year.

Institutional Investors Weigh In On ATS

A number of hedge funds and other institutional investors have recently made changes to their positions in ATS. Raymond James Financial Inc. acquired a new stake in ATS in the 2nd quarter valued at $43,000. Vanguard Personalized Indexing Management LLC purchased a new stake in ATS during the second quarter worth about $233,000. SkyView Investment Advisors LLC purchased a new stake in ATS during the second quarter worth about $237,000. Cidel Asset Management Inc. grew its position in shares of ATS by 8.5% during the first quarter. Cidel Asset Management Inc. now owns 8,286 shares of the company's stock worth $207,000 after buying an additional 650 shares in the last quarter. Finally, Northwest & Ethical Investments L.P. grew its position in shares of ATS by 27.7% during the first quarter. Northwest & Ethical Investments L.P. now owns 8,333 shares of the company's stock worth $208,000 after buying an additional 1,806 shares in the last quarter. Institutional investors and hedge funds own 75.84% of the company's stock.

ATS Company Profile

ATS Corporation, together with its subsidiaries, provides automation solutions worldwide. The company is also involved in planning, designing, building, commissioning, and servicing automated manufacturing and assembly systems, including automation products and test solutions. In addition, it offers pre-automation services comprising discovery and analysis, concept development, simulation, and total cost of ownership modelling; post automation services, including training, process optimization, preventative maintenance, emergency and on-call support, spare parts, retooling, retrofits, and equipment relocation; and contract manufacturing services, as well as after sales and services.

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