ATS (ATS) Stock Price, News & Analysis

Company Overview

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. Further, the company provides engineering design, prototyping, process verification, specification writing, software and manufacturing process controls development, standard automation products/platforms, equipment design and build, third-party equipment qualification, procurement and integration, automation system installation, product line commissioning, validation, and documentation services. Additionally, it offers value engineering, supply chain management, and integration and manufacturing capabilities, as well as other automation products and solutions; and software and digital solutions comprising connected factory floor management systems to capture, analyze, and use real time machine performance data to troubleshoot, deliver process and product solutions, prevent equipment downtime, drive operational efficiency, and unlock performance for sustainable production improvements. ATS Corporation serves life sciences, transportation and mobility, consumer products, food and beverage, electronics, nuclear, packaging, warehousing and distribution, and energy markets. The company was formerly known as ATS Automation Tooling Systems Inc. and changed its name to ATS Corporation in November 2022. ATS Corporation was founded in 1978 and is headquartered in Cambridge, Canada.

Key Stats

• Today's Range: C$40.66 to C$41.66
• 50-Day Range: C$34.95 to C$44.13
• 52-Week Range: C$33.47 to C$60.01
• Volume: 226,118 shs
• Average Volume: 245,184 shs
• Market Capitalization: C$4.02 billion
• P/E Ratio: 22.59
• Dividend Yield: 4.92%
• Price Target: C$54.29
• Consensus Rating: Moderate Buy

ATS Stock Analysis - MarketRank™

ATS scored higher than 60% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

ATS has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

ATS has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of ATS is 22.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.48.

Price to Earnings Ratio vs. Sector

The P/E ratio of ATS is 22.59, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 530.27.

Price to Book Value per Share Ratio

ATS has a P/B Ratio of 2.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ATS.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

ATS is a leading dividend payer. It pays a dividend yield of 4.92%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

ATS does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for ATS.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.01

News Sentiment

ATS has a news sentiment score of 0.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.42 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for ATS this week, compared to 6 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, ATS insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.97% of the stock of ATS is held by insiders.

Percentage Held by Institutions

91.13% of the stock of ATS is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ATS Stock Analysis - Frequently Asked Questions

How have ATS shares performed this year?

ATS's stock was trading at C$57.11 on January 1st, 2024. Since then, ATS stock has decreased by 27.6% and is now trading at C$41.34.
View the best growth stocks for 2024 here.

How do I buy shares of ATS?

Shares of ATS stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of ATS own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ATS investors own include Advanced Micro Devices (AMD), Johnson & Johnson (JNJ), NVIDIA (NVDA), Alimentation Couche-Tard (ATD), Brookfield (BN), Cogeco Communications (CCA) and Cargojet (CJT).

Company Calendar

• Today: 11/20/2024
• Next Earnings (Estimated): 2/05/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Industrials
• Industry: Specialty Industrial Machinery
• Sub-Industry: Machinery
• Current Symbol: TSE:ATS
• CUSIP: N/A
• CIK: N/A
• Web: atsautomation.com
• Phone: 519-653-6500
• Fax: N/A
• Employees: 7,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$54.29
• High Stock Price Target: C$65.00
• Low Stock Price Target: C$48.00
• Potential Upside/Downside: +31.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.83
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$1.83
• Trailing P/E Ratio: 22.59
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$181.45 million
• Net Margins: 6.10%
• Pretax Margin: N/A
• Return on Equity: 11.30%
• Return on Assets: 5.42%

Debt

• Debt-to-Equity Ratio: 84.69
• Current Ratio: 1.79
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: C$2.97 billion
• Price / Sales: 1.35
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: C$17.33 per share
• Price / Book: 2.39

Miscellaneous

• Outstanding Shares: 97,200,000
• Free Float: N/A
• Market Cap: C$4.02 billion
• Optionable: Not Optionable
• Beta: 1.36