ATS (NYSE:ATS) Receives Sell (D) Rating from Weiss Ratings

Key Points

• ATS's stock has received a "sell (D)" rating from Weiss Ratings, while other analysts have mixed opinions, with one rating it as a hold and two as a sell.
• The company reported a quarterly revenue of $541.11 million, which was below analyst estimates of $712.16 million, though EPS exceeded expectations.
• Institutional investors own 75.84% of ATS's stock, with several firms increasing their stakes recently, highlighting ongoing interest from financial institutions.

ATS (NYSE:ATS - Get Free Report)'s stock had its "sell (d)" rating reiterated by investment analysts at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

Several other research analysts also recently weighed in on the company. Wall Street Zen raised ATS from a "sell" rating to a "hold" rating in a research note on Saturday, July 5th. Zacks Research cut ATS from a "hold" rating to a "strong sell" rating in a report on Monday, September 15th. One equities research analyst has rated the stock with a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, ATS currently has an average rating of "Sell".

ATS Trading Up 0.7%

ATS stock traded up $0.19 during midday trading on Wednesday, reaching $26.56. The company's stock had a trading volume of 84,197 shares, compared to its average volume of 131,733. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.32 and a current ratio of 1.62. The stock has a fifty day simple moving average of $27.75 and a two-hundred day simple moving average of $27.92. The firm has a market capitalization of $2.60 billion, a price-to-earnings ratio of -98.37 and a beta of 1.24. ATS has a 1 year low of $20.90 and a 1 year high of $33.13.

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

Institutional Investors Weigh In On ATS

A number of institutional investors have recently added to or reduced their stakes in ATS. Raymond James Financial Inc. acquired a new stake in ATS during the second quarter valued at approximately $43,000. Steph & Co. grew its holdings in shares of ATS by 223.6% in the 1st quarter. Steph & Co. now owns 5,317 shares of the company's stock worth $133,000 after acquiring an additional 3,674 shares during the last quarter. Vanguard Personalized Indexing Management LLC purchased a new position in shares of ATS during the second quarter valued at $233,000. SkyView Investment Advisors LLC purchased a new position in shares of ATS during the second quarter valued at $237,000. Finally, Cidel Asset Management Inc. grew its stake in ATS by 8.5% in the first quarter. Cidel Asset Management Inc. now owns 8,286 shares of the company's stock valued at $207,000 after purchasing an additional 650 shares in the last quarter. Hedge funds and other institutional investors own 75.84% of the company's stock.

About ATS

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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