Raymond James Issues Negative Forecast for ATS Earnings

ATS Co. (TSE:ATS) – Raymond James cut their Q1 2026 earnings estimates for ATS in a research report issued on Monday, October 28th. Raymond James analyst M. Glen now forecasts that the company will post earnings of $0.65 per share for the quarter, down from their prior forecast of $0.66. Raymond James has a “Outperform” rating and a $52.00 price objective on the stock. The consensus estimate for ATS’s current full-year earnings is $2.10 per share.

ATS (TSE:ATS) last released its quarterly earnings data on Thursday, August 8th. The company reported C$0.50 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.53 by C($0.03). The business had revenue of C$694.30 million during the quarter, compared to analyst estimates of C$689.19 million. ATS had a net margin of 6.10% and a return on equity of 11.30%.

A number of other research analysts have also issued reports on ATS. Cormark lowered their target price on shares of ATS from C$59.00 to C$56.00 in a research note on Friday, August 9th. Royal Bank of Canada lowered their price target on ATS from C$55.00 to C$54.00 in a research report on Monday, October 7th. Finally, Stifel Nicolaus cut their price objective on ATS from C$60.00 to C$58.00 and set a “buy” rating for the company in a research report on Tuesday, September 24th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, ATS currently has a consensus rating of “Moderate Buy” and an average price target of C$57.43.

ATS Stock Performance

ATS opened at C$41.73 on Thursday. The firm has a market cap of C$4.06 billion, a P/E ratio of 22.80 and a beta of 1.36. The business has a 50 day moving average price of C$39.02 and a 200 day moving average price of C$41.60. ATS has a twelve month low of C$33.47 and a twelve month high of C$60.01.

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.