ATS Co. (TSE:ATS) Given Average Rating of "Moderate Buy" by Analysts

Shares of ATS Co. (TSE:ATS - Get Free Report) have been given an average rating of "Moderate Buy" by the six research firms that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is C$58.57.

A number of research analysts recently weighed in on the company. Cormark dropped their price target on ATS from C$59.00 to C$56.00 in a research note on Friday, August 9th. Royal Bank of Canada dropped their price target on ATS from C$55.00 to C$54.00 in a research note on Monday, October 7th. Finally, Stifel Nicolaus dropped their price target on ATS from C$60.00 to C$58.00 and set a "buy" rating on the stock in a research note on Tuesday, September 24th.

ATS Stock Performance

Shares of TSE:ATS traded up C$0.36 during midday trading on Tuesday, reaching C$41.61. The company's stock had a trading volume of 273,164 shares, compared to its average volume of 234,351. The firm has a market capitalization of C$4.04 billion, a price-to-earnings ratio of 22.54 and a beta of 1.36. The firm has a 50 day moving average price of C$37.62 and a two-hundred day moving average price of C$41.78. ATS has a fifty-two week low of C$33.47 and a fifty-two week high of C$60.01.

ATS (TSE:ATS - Get Free Report) last announced its quarterly earnings data on Thursday, August 8th. The company reported C$0.50 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.53 by C($0.03). ATS had a net margin of 6.10% and a return on equity of 11.30%. The business had revenue of C$694.30 million during the quarter, compared to analyst estimates of C$689.19 million.

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.