Q3 EPS Estimates for ATS Reduced by Raymond James Financial

Key Points

• Raymond James Financial has revised down its Q3 2026 earnings per share estimate for ATS Corporation from $0.37 to $0.30.
• The current consensus estimate for ATS's full-year earnings is $1.02 per share, with future quarterly estimates ranging from $0.36 to $0.46 EPS through FY2027.
• Several hedge funds have increased their stakes in ATS, with 75.84% of the stock now owned by institutional investors.

ATS Corporation (NYSE:ATS - Free Report) - Stock analysts at Raymond James Financial lowered their Q3 2026 earnings per share estimates for shares of ATS in a report released on Monday, August 18th. Raymond James Financial analyst M. Glen now anticipates that the company will earn $0.30 per share for the quarter, down from their previous forecast of $0.37. The consensus estimate for ATS's current full-year earnings is $1.02 per share. Raymond James Financial also issued estimates for ATS's Q4 2026 earnings at $0.36 EPS, FY2026 earnings at $1.25 EPS, Q1 2027 earnings at $0.38 EPS, Q2 2027 earnings at $0.39 EPS, Q3 2027 earnings at $0.38 EPS, Q4 2027 earnings at $0.46 EPS and FY2027 earnings at $1.61 EPS.

ATS (NYSE:ATS - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.30 earnings per share for the quarter, beating analysts' consensus estimates 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 business had revenue of $541.11 million for the quarter, compared to the consensus estimate of $712.16 million. During the same period last year, the business earned $0.50 EPS. The firm's revenue was up 6.1% compared to the same quarter last year. ATS has set its Q2 2026 guidance at EPS.

A number of other research analysts also recently weighed in on ATS. Scotiabank raised ATS to a "hold" rating in a research note on Tuesday, April 29th. Wall Street Zen raised ATS from a "sell" rating to a "hold" rating in a research note on Saturday, July 5th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, ATS presently has an average rating of "Hold".

ATS Stock Performance

Shares of ATS stock traded down $0.4190 during trading on Wednesday, reaching $27.1210. The company had a trading volume of 25,501 shares, compared to its average volume of 136,055. The firm's 50 day simple moving average is $30.21 and its two-hundred day simple moving average is $28.16. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.62 and a quick ratio of 1.32. ATS has a one year low of $20.90 and a one year high of $33.13. The company has a market capitalization of $2.65 billion, a PE ratio of -100.43 and a beta of 1.28.

Hedge Funds Weigh In On ATS

Institutional investors have recently bought and sold shares of the business. Geode Capital Management LLC increased its holdings in ATS by 5.3% in the fourth quarter. Geode Capital Management LLC now owns 41,054 shares of the company's stock valued at $1,265,000 after purchasing an additional 2,067 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in ATS by 10.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 109,921 shares of the company's stock valued at $3,350,000 after purchasing an additional 10,632 shares in the last quarter. Mariner LLC grew its stake in ATS by 8.0% in the fourth quarter. Mariner LLC now owns 9,328 shares of the company's stock valued at $284,000 after purchasing an additional 689 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in ATS by 1.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 37,463 shares of the company's stock valued at $1,142,000 after purchasing an additional 479 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its stake in ATS by 561.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,171 shares of the company's stock valued at $66,000 after buying an additional 1,843 shares during the period. 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.