What is Scotiabank's Forecast for ATS FY2026 Earnings?

Key Points

• Scotiabank lowered its FY2026 EPS estimate for ATS to $1.27 (from $1.28) while maintaining a Outperform rating and projects FY2027 EPS of $1.46; the consensus FY2026 estimate is $1.26.
• Analyst coverage is mixed (two Buy, two Hold, one Sell), giving ATS a consensus rating of Hold and a consensus price target of $35.00.
• ATS’s most recent quarter delivered $0.34 EPS (beating estimates by $0.04) but revenue of $553.8M missed expectations (~$723M); the stock trades around $32.27 with a market cap of $3.17B and a P/E of 215.14.

ATS Corporation (NYSE:ATS - Free Report) - Investment analysts at Scotiabank decreased their FY2026 EPS estimates for shares of ATS in a report issued on Friday, May 1st. Scotiabank analyst J. Goldman now anticipates that the company will earn $1.27 per share for the year, down from their previous forecast of $1.28. Scotiabank currently has a "Outperform" rating on the stock. The consensus estimate for ATS's current full-year earnings is $1.26 per share. Scotiabank also issued estimates for ATS's FY2027 earnings at $1.46 EPS.

ATS has been the topic of several other reports. Zacks Research lowered shares of ATS from a "strong-buy" rating to a "hold" rating in a report on Tuesday, March 10th. Weiss Ratings reiterated a "sell (d)" rating on shares of ATS in a report on Monday, April 20th. Wall Street Zen lowered shares of ATS from a "strong-buy" rating to a "buy" rating in a report on Sunday, February 15th. TD Securities reiterated a "buy" rating on shares of ATS in a report on Monday, January 26th. Finally, JPMorgan Chase & Co. increased their price objective on shares of ATS from $33.00 to $35.00 and gave the stock a "neutral" rating in a report on Friday, January 16th. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, ATS has a consensus rating of "Hold" and a consensus price target of $35.00.

ATS Trading Down 0.1%

Shares of ATS stock opened at $32.27 on Monday. The firm has a market cap of $3.17 billion, a P/E ratio of 215.14 and a beta of 1.26. ATS has a 1-year low of $23.84 and a 1-year high of $34.33. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.65 and a quick ratio of 1.37. The firm's 50-day simple moving average is $30.86 and its 200-day simple moving average is $28.95.

ATS (NYSE:ATS - Get Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.04. The business had revenue of $553.81 million for the quarter, compared to analyst estimates of $722.96 million. ATS had a net margin of 0.77% and a return on equity of 9.67%. The company's revenue was up 16.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.32 EPS.

Institutional Trading of ATS

Several large investors have recently bought and sold shares of the company. Pictet Asset Management Holding SA grew its position in ATS by 2.6% in the first quarter. Pictet Asset Management Holding SA now owns 16,423 shares of the company's stock valued at $461,000 after acquiring an additional 417 shares in the last quarter. Purpose Unlimited Inc. acquired a new stake in ATS in the fourth quarter valued at approximately $793,000. Invesco Ltd. grew its position in ATS by 6.3% in the fourth quarter. Invesco Ltd. now owns 1,272,222 shares of the company's stock valued at $35,037,000 after acquiring an additional 75,490 shares in the last quarter. SkyView Investment Advisors LLC acquired a new stake in ATS in the fourth quarter valued at approximately $302,000. Finally, Guardian Capital LP acquired a new stake in ATS in the fourth quarter valued at approximately $1,298,000. Institutional investors and hedge funds own 75.84% of the company's stock.

ATS Company Profile

ATS Corporation NYSE: ATS is a Canada-based global provider of automation and energy solutions. Headquartered in Cambridge, Ontario, the company specializes in the design, engineering and manufacturing of custom automation and test systems, as well as fluid handling and control products. Since its founding in 1978, ATS has focused on delivering integrated hardware and software solutions that help original equipment manufacturers (OEMs) improve efficiency, quality and throughput across a range of industries.

Through its Automation segment, ATS develops bespoke assembly and testing platforms for sectors such as life sciences, consumer electronics, automotive and industrial equipment.

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