ATS Co. (NYSE:ATS - Get Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 207,049 shares changed hands during trading, an increase of 151% from the previous session's volume of 82,505 shares.The stock last traded at $30.11 and had previously closed at $29.95.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on ATS shares. The Goldman Sachs Group started coverage on shares of ATS in a research note on Tuesday, March 26th. They set a "sell" rating and a $34.00 price objective on the stock. JPMorgan Chase & Co. initiated coverage on shares of ATS in a research note on Wednesday, December 20th. They set a "neutral" rating and a $45.00 price objective on the stock.
View Our Latest Stock Analysis on ATS
ATS Trading Up 1.1 %
The business's 50 day moving average price is $36.24 and its two-hundred day moving average price is $38.66. The company has a current ratio of 1.70, a quick ratio of 1.41 and a debt-to-equity ratio of 0.81. The company has a market capitalization of $3.00 billion and a price-to-earnings ratio of 22.35.
ATS (NYSE:ATS - Get Free Report) last posted its earnings results on Wednesday, February 7th. The company reported $0.48 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.02). ATS had a return on equity of 17.56% and a net margin of 5.89%. The business had revenue of $552.45 million for the quarter, compared to analyst estimates of $536.95 million. On average, equities analysts predict that ATS Co. will post 1.82 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in ATS. Alliancebernstein L.P. bought a new position in ATS during the 2nd quarter worth approximately $52,129,000. Capital International Investors raised its holdings in ATS by 18.0% during the 4th quarter. Capital International Investors now owns 7,011,564 shares of the company's stock worth $302,200,000 after purchasing an additional 1,068,310 shares during the last quarter. Norges Bank bought a new position in ATS during the 4th quarter worth approximately $40,685,000. FMR LLC raised its holdings in ATS by 20.7% during the 3rd quarter. FMR LLC now owns 5,371,545 shares of the company's stock worth $228,980,000 after purchasing an additional 919,932 shares during the last quarter. Finally, Citadel Advisors LLC bought a new position in ATS during the 2nd quarter worth approximately $27,891,000. Institutional investors own 75.84% of the company's stock.
ATS Company Profile
(
Get Free Report)
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.
Featured Articles
Before you consider ATS, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ATS wasn't on the list.
While ATS currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
