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

ATS Corporation (NYSE:ATS) – Analysts at Scotiabank lifted their FY2026 earnings per share (EPS) estimates for shares of ATS in a research report issued to clients and investors on Wednesday, February 11th. Scotiabank analyst J. Goldman now anticipates that the company will post earnings of $1.30 per share for the year, up from their prior forecast 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.

ATS (NYSE:ATS) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.04. ATS had a return on equity of 9.67% and a net margin of 0.77%.The company had revenue of $553.81 million during the quarter, compared to analyst estimates of $722.96 million. During the same quarter last year, the company earned $0.32 EPS. The firm’s revenue for the quarter was up 16.7% on a year-over-year basis.

Several other analysts also recently commented on the stock. Weiss Ratings reissued a “sell (d)” rating on shares of ATS in a research report on Wednesday, January 21st. Zacks Research upgraded shares of ATS from a “hold” rating to a “strong-buy” rating in a research note on Monday. TD Securities reissued a “buy” rating on shares of ATS in a research report on Monday, January 26th. JPMorgan Chase & Co. boosted their price objective on shares of ATS from $33.00 to $35.00 and gave the stock a “neutral” rating in a report on Friday, January 16th. Finally, Wall Street Zen upgraded ATS from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $35.00.

ATS Price Performance

Shares of NYSE:ATS opened at $30.80 on Thursday. The business has a fifty day moving average price of $28.72 and a 200-day moving average price of $27.71. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.65 and a quick ratio of 1.37. The company has a market capitalization of $3.02 billion, a PE ratio of 205.36 and a beta of 1.21. ATS has a 1-year low of $20.90 and a 1-year high of $32.73.

Institutional Trading of ATS

A number of hedge funds have recently bought and sold shares of ATS. Quarry LP purchased a new position in ATS in the third quarter worth about $32,000. Raymond James Financial Inc. bought a new position in ATS in the 2nd quarter worth $43,000. State of Wyoming purchased a new position in shares of ATS during the 3rd quarter valued at about $112,000. Vanguard Personalized Indexing Management LLC bought a new position in shares of ATS during the 2nd quarter valued at approximately $233,000. Finally, SkyView Investment Advisors LLC purchased a new stake in ATS in the 2nd quarter worth approximately $237,000. Hedge funds and other institutional investors own 75.84% of the company’s stock.

About ATS

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.