Brokers Set Expectations for ATS's Q1 Earnings (NYSE:ATS)

ATS Co. (NYSE:ATS - Free Report) - Raymond James reduced their Q1 2026 earnings per share (EPS) estimates for ATS in a note issued to investors on Monday, October 28th. Raymond James analyst M. Glen now expects that the company will post earnings of $0.47 per share for the quarter, down from their prior forecast of $0.49. The consensus estimate for ATS's current full-year earnings is $1.45 per share.

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

ATS Stock Down 2.7 %

Shares of NYSE:ATS traded down $0.83 during trading on Thursday, hitting $29.97. The company's stock had a trading volume of 89,072 shares, compared to its average volume of 108,252. The business has a 50 day moving average price of $28.61 and a two-hundred day moving average price of $30.40. The company has a market capitalization of $2.93 billion, a PE ratio of 22.20 and a beta of 1.17. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.51 and a current ratio of 1.79. ATS has a fifty-two week low of $24.82 and a fifty-two week high of $44.70.

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

Hedge Funds Weigh In On ATS

Institutional investors and hedge funds have recently modified their holdings of the company. Van ECK Associates Corp grew its stake in shares of 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 purchasing an additional 1,574 shares in the last quarter. Bessemer Group Inc. boosted its stake 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 acquiring an additional 1,140 shares in the last quarter. Hantz Financial Services Inc. acquired a new position in ATS in the second quarter valued at $286,000. Dynasty Wealth Management LLC acquired a new position in ATS in the first quarter valued at $337,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in ATS by 4.8% in the second 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 in the last quarter. Institutional investors and hedge funds own 75.84% of the company's stock.

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.