Raymond James Financial Reduces Earnings Estimates for ATS

Key Points

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ATS Co. (TSE:ATS - Free Report) - Investment analysts at Raymond James Financial dropped their Q2 2026 earnings per share estimates for shares of ATS in a research report issued to clients and investors on Monday, August 18th. Raymond James Financial analyst M. Glen now forecasts that the company will post earnings of $0.45 per share for the quarter, down from their prior forecast of $0.46. Raymond James Financial currently has a "Outperform" rating and a $46.00 target price on the stock. Raymond James Financial also issued estimates for ATS's FY2026 earnings at $1.77 EPS, Q1 2027 earnings at $0.52 EPS and Q3 2027 earnings at $0.53 EPS.

ATS has been the subject of several other research reports. TD Securities reduced their price objective on shares of ATS from C$49.00 to C$46.00 and set a "buy" rating for the company in a research note on Monday, August 11th. Scotiabank reduced their price objective on shares of ATS from C$46.00 to C$45.00 and set a "sector perform" rating for the company in a research note on Monday, August 11th. Finally, Royal Bank Of Canada decreased their target price on ATS from C$50.00 to C$49.00 and set an "outperform" rating on the stock in a research note on Friday, August 8th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of C$47.60.

ATS Stock Performance

ATS stock traded up C$0.99 during mid-day trading on Tuesday, reaching C$38.06. The company's stock had a trading volume of 292,222 shares, compared to its average volume of 231,303. ATS has a 12-month low of C$29.81 and a 12-month high of C$46.58. The company has a market capitalization of C$3.74 billion, a P/E ratio of 41.93 and a beta of 1.36. The firm's fifty day moving average price is C$41.42 and its two-hundred day moving average price is C$39.28.

About ATS

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.