Q3 EPS Estimates for ATS Lowered by Raymond James Financial

Key Points

• Raymond James Financial has downgraded their Q3 2026 earnings estimate for ATS Co. to $0.41 per share, down from a previous estimate of $0.51.
• Several analysts have recently lowered their target prices for ATS, with TD Securities and Scotiabank setting new targets at C$46.00 and C$45.00 respectively.
• ATS shares opened at C$37.77 and have experienced a 12-month trading range with a low of C$29.81 and a high of C$46.58.

ATS Co. (TSE:ATS - Free Report) - Analysts at Raymond James Financial cut their Q3 2026 earnings per share estimates for ATS in a research note issued on Monday, August 18th. Raymond James Financial analyst M. Glen now expects that the company will post earnings per share of $0.41 for the quarter, down from their prior estimate of $0.51. Raymond James Financial has a "Outperform" rating and a $46.00 price target on the stock. Raymond James Financial also issued estimates for ATS's Q4 2026 earnings at $0.50 EPS, Q2 2027 earnings at $0.54 EPS, Q4 2027 earnings at $0.64 EPS and FY2027 earnings at $2.22 EPS.

ATS has been the topic of several other reports. Royal Bank Of Canada cut their target price on ATS from C$50.00 to C$49.00 and set an "outperform" rating on the stock in a report on Friday, August 8th. Scotiabank cut their target price on ATS from C$46.00 to C$45.00 and set a "sector perform" rating on the stock in a report on Monday, August 11th. Finally, TD Securities cut their target price on ATS from C$49.00 to C$46.00 and set a "buy" rating on the stock in a report on Monday, August 11th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of C$47.60.

ATS Trading Down 1.5%

TSE ATS traded down C$0.58 during trading on Wednesday, hitting C$37.48. 63,596 shares of the company traded hands, compared to its average volume of 230,260. ATS has a 12 month low of C$29.81 and a 12 month high of C$46.58. The business has a fifty day simple moving average of C$41.42 and a 200 day simple moving average of C$39.27. The company has a market capitalization of C$3.68 billion, a P/E ratio of 41.29 and a beta of 1.36.

ATS Company Profile

ATS Corp formerly, ATS Automation Tooling Systems Inc is a Canada-based company that provides automation systems. The company designs and builds customized automated manufacturing and testing systems for customers, and provides pre- and post-automation services. The company's products comprise conveyor systems, automated electrified monorails, tray handlers, laser systems, and other hardware and software products.