ATS Automation Tooling Systems Inc. (TSE:ATA) – Equities research analysts at National Bank Financial increased their Q3 2020 earnings per share (EPS) estimates for shares of ATS Automation Tooling Systems in a research note issued to investors on Wednesday, November 6th. National Bank Financial analyst M. Sytchev now anticipates that the company will post earnings of $0.30 per share for the quarter, up from their prior estimate of $0.29.
ATS Automation Tooling Systems (TSE:ATA) last announced its quarterly earnings data on Wednesday, August 14th. The company reported C$0.25 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.27 by C($0.02). The business had revenue of C$339.22 million for the quarter, compared to analyst estimates of C$349.30 million.
Separately, TD Securities raised their target price on shares of ATS Automation Tooling Systems from C$20.00 to C$21.00 and gave the stock a “hold” rating in a research report on Thursday.
TSE ATA traded down C$0.51 during trading on Friday, hitting C$20.24. The stock had a trading volume of 355,628 shares, compared to its average volume of 203,202. The company has a debt-to-equity ratio of 50.30, a quick ratio of 1.48 and a current ratio of 1.74. The stock has a market capitalization of $1.84 billion and a price-to-earnings ratio of 26.99. ATS Automation Tooling Systems has a one year low of C$13.28 and a one year high of C$22.38. The stock has a 50 day simple moving average of C$17.86 and a 200 day simple moving average of C$19.77.
In other news, Senior Officer Maria Perrella sold 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 28th. The shares were sold at an average price of C$18.34, for a total transaction of C$917,145.00. Following the transaction, the insider now directly owns 25,000 shares of the company’s stock, valued at C$458,572.50.
About ATS Automation Tooling Systems
ATS Automation Tooling Systems Inc provides factory automation solutions worldwide. The company is involved in the planning, designing, building, commissioning, and servicing automated manufacturing and assembly systems, including automation products and test solutions. Its products include ATS Supertrak, a modular conveyor system; ATS OmniTrak optimal solution; LogiTrack automated electrified monorail for transporting heavy workloads through assembly operations; Sortimat Clearliner, a tray handler for clean room requirement; Sortimat Workliner tray handling technology; Sortimat Birkman, a feeder technology for sorting, transporting, and separating parts; ATS Cortex system, a vision device that reduces integration time with standardized hardware and software; and ATS SmartVision software, a PC-based vision system.
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