ATS Automation Tooling Systems Inc. (TSE:ATA – Get Rating) – Equities research analysts at National Bank Financial upped their Q1 2023 earnings estimates for shares of ATS Automation Tooling Systems in a report issued on Thursday, May 19th. National Bank Financial analyst M. Sytchev now forecasts that the company will post earnings of $0.49 per share for the quarter, up from their previous estimate of $0.47. National Bank Financial also issued estimates for ATS Automation Tooling Systems’ Q2 2023 earnings at $0.54 EPS, Q3 2023 earnings at $0.56 EPS, Q4 2023 earnings at $0.59 EPS, FY2023 earnings at $2.18 EPS and FY2024 earnings at $2.39 EPS.
A number of other research analysts also recently commented on ATA. Scotiabank dropped their price target on ATS Automation Tooling Systems from C$63.00 to C$53.00 in a research note on Wednesday, May 18th. Cormark lowered their target price on ATS Automation Tooling Systems from C$68.00 to C$58.00 and set a “buy” rating on the stock in a research report on Friday. National Bankshares lowered their price target on ATS Automation Tooling Systems from C$66.00 to C$52.00 and set an “outperform” rating for the company in a research report on Friday. TD Securities increased their price target on ATS Automation Tooling Systems from C$51.00 to C$52.00 and gave the company a “buy” rating in a research report on Friday. Finally, Laurentian lowered their price target on ATS Automation Tooling Systems from C$59.00 to C$50.00 in a research report on Friday. Seven equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, ATS Automation Tooling Systems currently has a consensus rating of “Buy” and a consensus price target of C$55.43.
ATS Automation Tooling Systems Company Profile (Get Rating)
ATS Automation Tooling Systems Inc, together with its subsidiaries, provides automation solutions worldwide. The company is also involved in the planning, designing, building, commissioning, and servicing automated manufacturing and assembly systems, including automation products and test solutions. It offers enterprise solutions in the areas of project management; partners/suppliers/vendors team selection and coordination; facility layouts and operational design; business case development and project justification; post project service, spare parts, and support; and system design, built, integration, commissioning, validation, training and start up.
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