ATS (ATS) Set to Announce Earnings on Thursday

ATS (NYSE:ATS) will release its earnings data before the market opens on Thursday, May 16th. Analysts expect ATS to post earnings of $0.41 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

ATS (NYSE:ATS) last announced its quarterly earnings results on Wednesday, February 7th. The company reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.02). ATS had a net margin of 5.89% and a return on equity of 17.56%. The company had revenue of $552.45 million during the quarter, compared to the consensus estimate of $536.95 million. On average, analysts expect ATS to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

ATS Stock Performance

Shares of NYSE:ATS opened at $33.39 on Thursday. The business’s fifty day moving average price is $34.15 and its two-hundred day moving average price is $37.93. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.70 and a quick ratio of 1.41. The stock has a market capitalization of $3.30 billion and a price-to-earnings ratio of 24.92. ATS has a fifty-two week low of $29.78 and a fifty-two week high of $48.89.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group began coverage on ATS in a report on Tuesday, March 26th. They set a “sell” rating and a $34.00 target price on the stock.

ATS Company Profile

ATS Corporation, together with its subsidiaries, provides automation solutions worldwide. The company is also involved in planning, designing, building, commissioning, and servicing automated manufacturing and assembly systems, including automation products and test solutions. In addition, it offers pre-automation services comprising discovery and analysis, concept development, simulation, and total cost of ownership modelling; post automation services, including training, process optimization, preventative maintenance, emergency and on-call support, spare parts, retooling, retrofits, and equipment relocation; and contract manufacturing services, as well as after sales and services.