ATS (ATS) Scheduled to Post Quarterly Earnings on Wednesday

ATS (NYSE:ATS - Get Free Report) is set to announce its earnings results before the market opens on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.23 per share for the quarter.

ATS (NYSE:ATS - Get Free Report) last issued its earnings results on Thursday, August 8th. The company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.01). ATS had a net margin of 6.11% and a return on equity of 14.63%. The firm had revenue of $507.43 million during the quarter, compared to analyst estimates of $502.41 million. On average, analysts expect ATS to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

ATS Trading Up 3.2 %

Shares of NYSE:ATS traded up $0.96 during midday trading on Wednesday, hitting $30.79. The company had a trading volume of 105,317 shares, compared to its average volume of 108,062. 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. The stock has a market cap of $3.02 billion, a price-to-earnings ratio of 22.55 and a beta of 1.17. The firm has a fifty day simple moving average of $28.49 and a 200 day simple moving average of $30.40.

Analyst Upgrades and Downgrades

Several brokerages have commented on ATS. The Goldman Sachs Group cut their target price on ATS from $34.00 to $30.00 and set a "sell" rating on the stock in a report on Tuesday, August 13th. JPMorgan Chase & Co. decreased their price target on shares of ATS from $36.00 to $31.00 and set a "neutral" rating on the stock 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 given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $42.00.

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.