ATS (NYSE:ATS) Given New $50.00 Price Target at Royal Bank Of Canada

ATS (NYSE:ATS) had its price objective reduced by Royal Bank Of Canada from $51.00 to $50.00 in a research note released on Friday morning,Benzinga reports. Royal Bank Of Canada currently has an outperform rating on the stock.

Other equities analysts have also recently issued research reports about the company. Weiss Ratings raised ATS from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday. Wall Street Zen cut ATS from a “strong-buy” rating to a “buy” rating in a report on Sunday, February 15th. Scotiabank reiterated an “outperform” rating on shares of ATS in a research note on Tuesday, April 28th. Finally, Zacks Research lowered ATS from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 10th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, ATS has an average rating of “Hold” and a consensus price target of $42.50.

ATS Stock Performance

Shares of ATS opened at $30.93 on Friday. The stock has a 50-day moving average of $31.70 and a two-hundred day moving average of $29.76. ATS has a one year low of $23.84 and a one year high of $35.82. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.37 and a current ratio of 1.65. The stock has a market cap of $3.03 billion, a P/E ratio of 59.48 and a beta of 1.26.

ATS (NYSE:ATS) last issued its quarterly earnings results on Thursday, May 28th. The company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.06). The firm had revenue of $535.09 million for the quarter, compared to analyst estimates of $529.43 million. ATS had a return on equity of 9.44% and a net margin of 2.40%. As a group, research analysts predict that ATS will post 1.51 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Janus Henderson Group PLC increased its holdings in ATS by 166.5% in the first quarter. Janus Henderson Group PLC now owns 2,297,214 shares of the company’s stock valued at $64,544,000 after buying an additional 1,435,375 shares during the last quarter. Royal Bank of Canada lifted its position in shares of ATS by 1.5% during the 1st quarter. Royal Bank of Canada now owns 7,761,838 shares of the company’s stock valued at $218,884,000 after acquiring an additional 117,291 shares during the period. EdgePoint Investment Group Inc. lifted its position in shares of ATS by 4.1% during the 1st quarter. EdgePoint Investment Group Inc. now owns 7,168,112 shares of the company’s stock valued at $202,081,000 after acquiring an additional 279,327 shares during the period. Lazard Asset Management LLC lifted its position in shares of ATS by 19.7% during the 1st quarter. Lazard Asset Management LLC now owns 69,912 shares of the company’s stock valued at $1,972,000 after acquiring an additional 11,486 shares during the period. Finally, Sei Investments Co. lifted its position in shares of ATS by 70.0% during the 1st quarter. Sei Investments Co. now owns 167,820 shares of the company’s stock valued at $4,733,000 after acquiring an additional 69,078 shares during the period. 75.84% of the stock is currently owned by institutional investors and hedge funds.

ATS News Summary

Here are the key news stories impacting ATS this week:

• Positive Sentiment: TD Cowen reiterated a Buy rating on ATS Corporation and highlighted strong execution, intrinsic value growth, and an attractive long-term risk-reward setup, which can support investor confidence. Analyst Reiterates Buy on ATS Corporation, Highlighting Strong Execution, Intrinsic Value Growth and Attractive Long-Term Risk-Reward
• Positive Sentiment: Royal Bank of Canada kept an Outperform rating and raised its price target to $50 from $51, implying substantial upside from the current share price. ATS target lowered by RBC
• Positive Sentiment: ATS posted fiscal 2026 fourth-quarter revenue of $535.09 million, slightly ahead of analyst estimates, and the company reported strong growth for the quarter and full year, helped by consumer products and energy demand. ATS 4Q Loss Narrows as Consumer Products, Energy Drive Revenue Growth

ATS Company Profile

ATS Corporation (NYSE: ATS) is a Canada-based global provider of automation and energy solutions. Headquartered in Cambridge, Ontario, the company specializes in the design, engineering and manufacturing of custom automation and test systems, as well as fluid handling and control products. Since its founding in 1978, ATS has focused on delivering integrated hardware and software solutions that help original equipment manufacturers (OEMs) improve efficiency, quality and throughput across a range of industries.

Through its Automation segment, ATS develops bespoke assembly and testing platforms for sectors such as life sciences, consumer electronics, automotive and industrial equipment.