Research Analysts Set Expectations for ATS FY2026 Earnings

ATS Corporation (NYSE:ATS) – Research analysts at Scotiabank increased their FY2026 earnings per share estimates for shares of ATS in a note issued to investors on Wednesday, February 11th. Scotiabank analyst J. Goldman now expects that the company will earn $1.30 per share for the year, up from their previous estimate 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 announced its quarterly earnings results on Wednesday, February 4th. The company reported $0.34 EPS for the quarter, beating 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 firm had revenue of $553.81 million for the quarter, compared to analyst estimates of $722.96 million. During the same quarter last year, the firm posted $0.32 earnings per share. The business’s revenue for the quarter was up 16.7% on a year-over-year basis.

A number of other equities analysts also recently commented on ATS. Weiss Ratings reissued a “sell (d)” rating on shares of ATS in a research note on Wednesday, January 21st. TD Securities reissued a “buy” rating on shares of ATS in a research report on Monday, January 26th. Zacks Research upgraded ATS from a “hold” rating to a “strong-buy” rating in a research note on Monday. JPMorgan Chase & Co. raised their price objective on ATS from $33.00 to $35.00 and gave the company a “neutral” rating in a research report on Friday, January 16th. Finally, Wall Street Zen upgraded shares of ATS from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. One equities research 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 given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $35.00.

ATS Stock Down 1.8%

Shares of ATS stock opened at $30.73 on Thursday. ATS has a 1 year low of $20.90 and a 1 year high of $32.73. 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 cap of $3.01 billion, a price-to-earnings ratio of 204.85 and a beta of 1.21. The firm’s 50-day moving average is $28.63 and its two-hundred day moving average is $27.69.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Principal Financial Group Inc. boosted its position in ATS by 11.6% in the third quarter. Principal Financial Group Inc. now owns 874,140 shares of the company’s stock valued at $22,874,000 after buying an additional 90,700 shares during the last quarter. CIBC Asset Management Inc lifted its stake in ATS by 69.2% during the 3rd quarter. CIBC Asset Management Inc now owns 134,854 shares of the company’s stock valued at $3,524,000 after acquiring an additional 55,151 shares during the period. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of ATS by 19.9% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 2,369,028 shares of the company’s stock valued at $75,603,000 after acquiring an additional 392,874 shares during the last quarter. Scheer Rowlett & Associates Investment Management Ltd. boosted its holdings in shares of ATS by 25.3% in the 2nd quarter. Scheer Rowlett & Associates Investment Management Ltd. now owns 792,305 shares of the company’s stock valued at $25,285,000 after acquiring an additional 159,814 shares during the last quarter. Finally, Mackenzie Financial Corp increased its stake in shares of ATS by 17.5% in the second quarter. Mackenzie Financial Corp now owns 1,410,833 shares of the company’s stock worth $45,023,000 after acquiring an additional 210,570 shares during the period. Institutional investors and hedge funds own 75.84% of the company’s stock.

About ATS

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.