ATS (ATS) Set to Announce Earnings on Thursday

ATS (NYSE:ATS) is scheduled to announce its earnings results before the market opens on Thursday, May 16th. Analysts expect the company to announce earnings of $0.41 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

ATS (NYSE:ATS) last issued its quarterly earnings results on Wednesday, February 7th. The company reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.02). The company had revenue of $552.45 million during the quarter, compared to analysts’ expectations of $536.95 million. ATS had a return on equity of 17.56% and a net margin of 5.89%. On average, analysts expect ATS to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

ATS Price Performance

NYSE ATS opened at $33.39 on Thursday. The company has a market cap of $3.30 billion and a PE ratio of 24.92. ATS has a 52 week low of $29.78 and a 52 week high of $48.89. The company has a quick ratio of 1.41, a current ratio of 1.70 and a debt-to-equity ratio of 0.81. The firm’s 50-day simple moving average is $34.15 and its two-hundred day simple moving average is $37.93.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group assumed coverage on shares of ATS in a report on Tuesday, March 26th. They set a “sell” rating and a $34.00 price objective on the stock.

ATS Company Profile

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.