Research Analysts Set Expectations for ATS FY2027 Earnings

Key Points

• Scotiabank raised its FY2027 EPS forecast for ATS to C$1.50 from C$1.38, signaling improved earnings expectations.
• Analyst sentiment remains positive overall, with six Buy ratings and two Hold ratings; ATS has a “Moderate Buy” consensus and an average price target of C$42.25.
• ATS shares opened at C$26.59 and remain well below their 52-week high of C$49.48. The company recently reported quarterly EPS of C$0.35 on revenue of C$698.30 million.

ATS Co. (TSE:ATS - Free Report) - Stock analysts at Scotiabank boosted their FY2027 EPS estimates for ATS in a research note issued on Thursday, October 22nd. Scotiabank analyst J. Goldman now anticipates that the company will post earnings per share of $1.50 for the year, up from their previous forecast of $1.38.

ATS has been the topic of several other research reports. TD Securities cut shares of ATS from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 10th. National Bank Financial cut their price objective on ATS from C$57.00 to C$42.00 and set an "outperform" rating for the company in a research report on Friday, August 7th. TD cut ATS from a "buy" rating to a "hold" rating and reduced their target price for the stock from C$49.00 to C$33.00 in a report on Monday, August 10th. Raymond James Financial reduced their target price on ATS from C$46.00 to C$33.00 and set an "outperform" rating on the stock in a report on Friday, August 7th. Finally, Stifel Nicolaus decreased their target price on ATS from C$52.00 to C$44.00 and set a "buy" rating on the stock in a research report on Friday, August 7th. Six analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, ATS has an average rating of "Moderate Buy" and an average price target of C$42.25.

ATS Stock Performance

ATS opened at C$26.59 on Tuesday. The stock has a market capitalization of C$2.61 billion, a price-to-earnings ratio of 55.40 and a beta of 1.18. The company has a fifty day moving average of C$26.47 and a 200 day moving average of C$37.23. ATS has a fifty-two week low of C$24.40 and a fifty-two week high of C$49.48.

ATS (TSE:ATS - Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported C$0.35 earnings per share for the quarter. The firm had revenue of C$698.30 million during the quarter. ATS had a net margin of 1.61% and a return on equity of 2.66%.

ATS Company Profile

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.

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