Stifel Canada Issues Pessimistic Estimate for ATS Earnings

ATS Corporation (NYSE:ATS - Free Report) - Stifel Canada dropped their Q1 2026 earnings per share (EPS) estimates for ATS in a research report issued to clients and investors on Thursday, July 17th. Stifel Canada analyst J. Keywood now expects that the company will post earnings per share of $0.18 for the quarter, down from their previous estimate of $0.20. The consensus estimate for ATS's current full-year earnings is $1.02 per share. Stifel Canada also issued estimates for ATS's Q2 2026 earnings at $0.21 EPS, Q3 2026 earnings at $0.23 EPS, Q4 2026 earnings at $0.28 EPS and FY2026 earnings at $0.91 EPS.

ATS (NYSE:ATS - Get Free Report) last issued its earnings results on Wednesday, May 28th. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.02. The company had revenue of $503.20 million for the quarter, compared to analyst estimates of $687.03 million. ATS had a positive return on equity of 8.38% and a negative net margin of 1.00%. ATS's revenue was down 27.5% on a year-over-year basis.

Other analysts also recently issued reports about the stock. Scotiabank raised shares of ATS to a "hold" rating in a research report on Tuesday, April 29th. Wall Street Zen raised shares of ATS from a "sell" rating to a "hold" rating in a research note on Saturday, July 5th.

ATS Price Performance

Shares of ATS opened at $31.29 on Monday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.41 and a current ratio of 1.69. The firm has a market cap of $3.06 billion, a PE ratio of -164.68 and a beta of 1.28. The firm's 50 day moving average price is $29.84 and its 200 day moving average price is $27.84. ATS has a twelve month low of $20.90 and a twelve month high of $33.13.

Institutional Investors Weigh In On ATS

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Beutel Goodman & Co Ltd. lifted its position in ATS by 497.7% during the 4th quarter. Beutel Goodman & Co Ltd. now owns 6,515,682 shares of the company's stock worth $198,614,000 after acquiring an additional 5,425,613 shares during the last quarter. Royal Bank of Canada increased its stake in shares of ATS by 21.8% in the first quarter. Royal Bank of Canada now owns 6,480,168 shares of the company's stock worth $161,550,000 after purchasing an additional 1,161,204 shares during the period. EdgePoint Investment Group Inc. lifted its position in shares of ATS by 41.7% during the 1st quarter. EdgePoint Investment Group Inc. now owns 5,017,996 shares of the company's stock worth $125,100,000 after purchasing an additional 1,477,357 shares during the last quarter. Capital World Investors lifted its position in shares of ATS by 11.0% during the 4th quarter. Capital World Investors now owns 3,449,762 shares of the company's stock worth $105,212,000 after purchasing an additional 341,904 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in ATS by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 3,229,265 shares of the company's stock valued at $98,486,000 after purchasing an additional 51,365 shares during the period. 75.84% of the stock is currently owned by institutional investors and hedge funds.

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.

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