Scotiabank Comments on ATS’s FY2026 Earnings (NYSE:ATS)

ATS Corporation (NYSE:ATS) – Scotiabank increased their FY2026 earnings estimates for ATS in a report issued on Wednesday, February 11th. Scotiabank analyst J. Goldman now forecasts that the company will post earnings of $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.

A number of other analysts also recently issued reports on the company. TD Securities reaffirmed a “buy” rating on shares of ATS in a research note on Monday, January 26th. JPMorgan Chase & Co. upped their price target on shares of ATS from $33.00 to $35.00 and gave the company 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 research note on Saturday, February 7th. Zacks Research upgraded shares of ATS from a “hold” rating to a “strong-buy” rating in a report on Monday. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of ATS in a report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $35.00.

ATS Trading Down 1.8%

Shares of ATS stock opened at $30.73 on Thursday. The company has a current ratio of 1.65, a quick ratio of 1.37 and a debt-to-equity ratio of 0.82. The stock has a market capitalization of $3.01 billion, a price-to-earnings ratio of 204.85 and a beta of 1.21. ATS has a 12-month low of $20.90 and a 12-month high of $32.73. The stock’s 50-day moving average price is $28.63 and its 200-day moving average price is $27.69.

ATS (NYSE:ATS) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.30 by $0.04. ATS had a net margin of 0.77% and a return on equity of 9.67%. 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 company earned $0.32 EPS. The business’s quarterly revenue was up 16.7% compared to the same quarter last year.

Hedge Funds Weigh In On ATS

Hedge funds have recently bought and sold shares of the business. Franklin Resources Inc. increased its stake in ATS by 60.4% in the fourth quarter. Franklin Resources Inc. now owns 25,386 shares of the company’s stock worth $699,000 after purchasing an additional 9,556 shares during the period. TD Asset Management Inc grew its holdings in shares of ATS by 1.0% in the fourth quarter. TD Asset Management Inc now owns 1,193,208 shares of the company’s stock worth $32,913,000 after purchasing an additional 11,446 shares during the last quarter. Norges Bank purchased a new position in ATS in the 4th quarter worth about $29,727,000. Savant Capital LLC bought a new stake in ATS during the 4th quarter valued at about $313,000. Finally, Royce & Associates LP boosted its position in ATS by 22.3% in the 4th quarter. Royce & Associates LP now owns 164,500 shares of the company’s stock valued at $4,532,000 after buying an additional 30,000 shares during the period. Institutional investors own 75.84% of the company’s stock.

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.