Stifel Canada Issues Pessimistic Estimate for ATS Earnings

ATS Co. (NYSE:ATS - Free Report) - Equities researchers at Stifel Canada reduced their Q2 2025 earnings estimates for shares of ATS in a research note issued on Wednesday, October 23rd. Stifel Canada analyst J. Keywood now expects that the company will post earnings of $0.21 per share for the quarter, down from their previous estimate of $0.24. The consensus estimate for ATS's current full-year earnings is $1.45 per share. Stifel Canada also issued estimates for ATS's FY2025 earnings at $1.40 EPS.

ATS (NYSE:ATS - Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.37 EPS for the quarter, missing analysts' consensus estimates of $0.38 by ($0.01). ATS had a return on equity of 14.63% and a net margin of 6.11%. The firm had revenue of $507.43 million for the quarter, compared to analyst estimates of $502.41 million.

A number of other equities research analysts have also recently commented on the company. JPMorgan Chase & Co. dropped their target price on ATS from $36.00 to $31.00 and set a "neutral" rating on the stock in a research report on Tuesday, August 13th. The Goldman Sachs Group cut their target price on shares of ATS from $34.00 to $30.00 and set a "sell" rating for the company in a research note on Tuesday, August 13th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, ATS has an average rating of "Hold" and a consensus target price of $42.00.

ATS Stock Performance

ATS traded up $0.17 on Monday, reaching $30.61. The stock had a trading volume of 128,191 shares, compared to its average volume of 107,720. The business's 50-day moving average price is $28.37 and its two-hundred day moving average price is $30.41. The company has a market cap of $3.00 billion, a P/E ratio of 20.69 and a beta of 1.17. ATS has a 12-month low of $24.82 and a 12-month high of $44.70. The company has a current ratio of 1.79, a quick ratio of 1.51 and a debt-to-equity ratio of 0.82.

Institutional Investors Weigh In On ATS

Several hedge funds and other institutional investors have recently made changes to their positions in ATS. Van ECK Associates Corp increased its stake in ATS by 91.5% during the second quarter. Van ECK Associates Corp now owns 3,294 shares of the company's stock worth $106,000 after acquiring an additional 1,574 shares during the last quarter. Bessemer Group Inc. lifted its position in ATS by 37.7% in the first quarter. Bessemer Group Inc. now owns 4,164 shares of the company's stock valued at $140,000 after buying an additional 1,140 shares during the last quarter. Hantz Financial Services Inc. purchased a new position in ATS during the second quarter worth about $286,000. Dynasty Wealth Management LLC purchased a new position in ATS during the first quarter worth about $337,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of ATS by 4.8% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 17,457 shares of the company's stock valued at $565,000 after acquiring an additional 804 shares during the period. Institutional investors and hedge funds 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.