Analysts Set Expectations for ATS's Q3 Earnings (NYSE:ATS)

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 estimates for ATS in a report issued on Monday, August 18th. Raymond James Financial analyst M. Glen now anticipates that the company will post earnings per share of $0.30 for the quarter, down from their prior 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 released its earnings results 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. The firm had revenue of $541.11 million for the quarter, compared to analysts' expectations of $712.16 million. ATS had a negative net margin of 1.44% and a positive return on equity of 7.79%. The company's quarterly revenue was up 6.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.50 earnings per share. ATS has set its Q2 2026 guidance at EPS.

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

ATS Stock Performance

ATS traded up $0.8640 during midday trading on Wednesday, reaching $27.5240. The company had a trading volume of 194,905 shares, compared to its average volume of 128,668. 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 market cap of $2.69 billion, a PE ratio of -101.94 and a beta of 1.28. ATS has a 12-month low of $20.90 and a 12-month high of $33.13. The business has a 50-day moving average price of $30.21 and a two-hundred day moving average price of $28.17.

Hedge Funds Weigh In On ATS

A number of institutional investors have recently made changes to their positions in the stock. SkyView Investment Advisors LLC bought a new position in shares of ATS in the 2nd quarter worth $237,000. Ewing Morris & Co. Investment Partners Ltd. raised its holdings in ATS by 11.7% in the 2nd quarter. Ewing Morris & Co. Investment Partners Ltd. now owns 31,600 shares of the company's stock worth $1,006,000 after purchasing an additional 3,320 shares in the last quarter. EdgePoint Investment Group Inc. grew its holdings in ATS by 28.2% in the second quarter. EdgePoint Investment Group Inc. now owns 6,434,005 shares of the company's stock worth $205,330,000 after purchasing an additional 1,416,009 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its holdings in ATS by 7.8% in the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 50,516 shares of the company's stock worth $1,612,000 after purchasing an additional 3,645 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in ATS during the 2nd quarter valued at about $43,000. Institutional investors own 75.84% of the company's stock.

ATS Company Profile

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.