ATS Co. (TSE:ATS – Free Report) – Scotiabank lowered their FY2027 earnings estimates for shares of ATS in a report issued on Wednesday, August 19th. Scotiabank analyst J. Goldman now anticipates that the company will earn $1.38 per share for the year, down from their prior forecast of $1.89. Scotiabank has a “Sector Outperform” rating and a $51.00 price objective on the stock.
ATS (TSE:ATS – Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported C$0.35 earnings per share (EPS) for the quarter. ATS had a net margin of 1.61% and a return on equity of 2.66%. The company had revenue of C$698.30 million for the quarter.
Check Out Our Latest Research Report on ATS
ATS Price Performance
Shares of ATS stock opened at C$26.71 on Monday. The firm has a market cap of C$2.62 billion, a P/E ratio of 55.65 and a beta of 1.20. The firm has a 50 day simple moving average of C$36.00 and a 200 day simple moving average of C$40.27. ATS has a fifty-two week low of C$26.39 and a fifty-two week high of C$49.48.
Insider Transactions at ATS
In other ATS news, insider Angella Alexander bought 915 shares of the company’s stock in a transaction on Tuesday, July 7th. The stock was bought at an average price of C$39.12 per share, for a total transaction of C$35,794.80. Following the transaction, the insider owned 2,207 shares of the company’s stock, valued at approximately C$86,337.84. The trade was a 70.82% increase in their position. Also, insider Giuseppe (Joe) Tassone sold 4,842 shares of the stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of C$41.55, for a total value of C$201,185.10. Following the completion of the transaction, the insider directly owned 7,026 shares in the company, valued at approximately C$291,930.30. This trade represents a 40.80% decrease in their position. In the last quarter, insiders purchased 7,311 shares of company stock valued at $358,222. 0.97% of the stock is currently owned by company insiders.
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.
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