Research Analysts Set Expectations for ATS FY2027 Earnings

ATS Co. (TSE:ATS) – Equities research analysts at Scotiabank cut their FY2027 earnings per share estimates for shares of ATS in a report released on Wednesday, February 11th. Scotiabank analyst J. Goldman now anticipates that the company will post earnings per share of $2.06 for the year, down from their prior estimate of $2.27. Scotiabank has a “Outperform” rating and a $48.00 price target on the stock.

Other equities research analysts have also issued reports about the stock. National Bank Financial increased their target price on shares of ATS from C$54.00 to C$57.00 and gave the stock an “outperform” rating in a report on Monday, December 15th. TD Securities increased their price objective on shares of ATS from C$46.00 to C$48.00 and gave the stock a “buy” rating in a research note on Monday, January 26th. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of C$49.60.

ATS Stock Up 1.3%

ATS stock opened at C$42.50 on Thursday. ATS has a twelve month low of C$29.81 and a twelve month high of C$44.46. The stock has a market cap of C$4.12 billion, a P/E ratio of 223.68 and a beta of 0.67. The business’s 50-day moving average price is C$39.55 and its 200-day moving average price is C$38.37.

ATS (TSE:ATS) last released its quarterly earnings results on Wednesday, February 4th. The company reported C$0.48 earnings per share (EPS) for the quarter. The business had revenue of C$760.65 million during the quarter. ATS had a return on equity of 5.25% and a net margin of 3.24%.

ATS Company Profile

ATS Corp formerly, ATS Automation Tooling Systems Inc is a Canada-based company that provides automation systems. The company designs and builds customized automated manufacturing and testing systems for customers, and provides pre- and post-automation services. The company’s products comprise conveyor systems, automated electrified monorails, tray handlers, laser systems, and other hardware and software products. The company also provides pre-automation solutions, including strategic direction and planning services, as well as aftermarket support.