Research Analysts Offer Predictions for ATS FY2027 Earnings

Key Points

• Scotiabank trimmed ATS's FY2027 earnings estimate to C$1.99 from C$2.06 but kept a "Sector Outperform" rating and a C$51 target price.
• Analyst consensus remains positive with five Buy ratings and an average target of C$50.20; TD Securities also boosted its target to C$48 and maintained a Buy.
• Insider Doug Wright purchased 8,300 shares at C$41.44, while the stock trades around C$43.89 with a market cap of C$4.26B and a high P/E of 231, despite recent quarterly EPS of C$0.48 and a net margin of 0.67%.

ATS Co. (TSE:ATS - Free Report) - Scotiabank dropped their FY2027 earnings estimates for ATS in a report released on Friday, May 1st. Scotiabank analyst J. Goldman now expects that the company will earn $1.99 per share for the year, down from their previous estimate of $2.06. Scotiabank currently has a "Sector Outperform" rating and a $51.00 target price on the stock.

ATS (TSE:ATS - Get Free Report) last posted its earnings results on Wednesday, February 4th. The company reported C$0.48 earnings per share (EPS) for the quarter. ATS had a return on equity of 1.09% and a net margin of 0.67%.The company had revenue of C$760.65 million for the quarter.

Separately, TD Securities boosted their target price on ATS from C$46.00 to C$48.00 and gave the company a "buy" rating in a research note on Monday, January 26th. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average target price of C$50.20.

ATS Price Performance

ATS opened at C$43.89 on Monday. ATS has a one year low of C$33.72 and a one year high of C$46.99. The business has a 50 day simple moving average of C$42.36 and a two-hundred day simple moving average of C$39.94. The firm has a market capitalization of C$4.26 billion, a price-to-earnings ratio of 231.00 and a beta of 0.97.

Insider Buying and Selling at ATS

In related news, insider Doug Wright purchased 8,300 shares of ATS stock in a transaction that occurred on Wednesday, March 11th. The shares were bought at an average price of C$41.44 per share, for a total transaction of C$343,952.00. Following the completion of the transaction, the insider directly owned 16,900 shares of the company's stock, valued at C$700,336. This represents a 96.51% increase in their ownership of the stock. Insiders own 0.97% of the company's stock.

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. The company also provides pre-automation solutions, including strategic direction and planning services, as well as aftermarket support.

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