Scotiabank Has Bullish Forecast for ATS FY2026 Earnings

ATS Corporation (NYSE:ATS) – Analysts at Scotiabank increased their FY2026 earnings per share (EPS) estimates for ATS in a research note issued on Wednesday, February 11th. Scotiabank analyst J. Goldman now forecasts that the company will earn $1.30 per share for the year, up from their previous forecast of $1.29. Scotiabank currently has a “Outperform” rating on the stock. The consensus estimate for ATS’s current full-year earnings is $1.02 per share. Scotiabank also issued estimates for ATS’s FY2027 earnings at $1.52 EPS.

ATS (NYSE:ATS) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.04. ATS had a return on equity of 9.67% and a net margin of 0.77%.The business had revenue of $553.81 million for the quarter, compared to analysts’ expectations of $722.96 million. During the same quarter in the previous year, the firm earned $0.32 earnings per share. The business’s revenue was up 16.7% on a year-over-year basis.

A number of other research firms also recently issued reports on ATS. TD Securities restated a “buy” rating on shares of ATS in a report on Monday, January 26th. JPMorgan Chase & Co. raised their price target on shares of ATS from $33.00 to $35.00 and gave the stock a “neutral” rating in a research note on Friday, January 16th. Wall Street Zen raised shares of ATS from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. Weiss Ratings reiterated a “sell (d)” rating on shares of ATS in a research note on Wednesday, January 21st. Finally, Zacks Research raised ATS from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $35.00.

ATS Trading Up 1.1%

NYSE ATS opened at $31.18 on Thursday. The business’s fifty day moving average is $28.80 and its 200-day moving average is $27.71. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.65 and a quick ratio of 1.37. The stock has a market capitalization of $3.06 billion, a price-to-earnings ratio of 207.90 and a beta of 1.21. ATS has a one year low of $20.90 and a one year high of $32.73.

Institutional Trading of ATS

A number of hedge funds and other institutional investors have recently made changes to their positions in ATS. Smartleaf Asset Management LLC bought a new position in ATS in the 4th quarter worth about $29,000. Quarry LP bought a new stake in shares of ATS during the third quarter valued at about $32,000. Raymond James Financial Inc. purchased a new stake in shares of ATS in the second quarter worth about $43,000. State of Wyoming bought a new position in shares of ATS in the third quarter valued at approximately $112,000. Finally, Vanguard Personalized Indexing Management LLC purchased a new position in ATS during the second quarter valued at approximately $233,000. 75.84% of the stock is currently owned by institutional investors.

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.