Based on ratings from 8 stock analysts, the ATS Corporation Common Shares stock price is expected to decrease by 26.01% in 12 months. This is calculated by using the average 12-month stock price forecast for ATS Corporation Common Shares. The lowest target is $24.18743 and the highest is $24.18743. Please note analyst price targets are not guaranteed and could be missed completely.
About 8 Wall Street analysts have assignedATS 6 buy ratings, 1 hold ratings, and 1 sell ratings. This means that analysts expect ATS Corporation Common Shares to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ATS. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of ATS.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Joe Ritchie Goldman Sachs | Sell | $30 | Maintains | Aug 13, 2024 |
Stephen Tusa JP Morgan | Neutral | $31 | Maintains | Aug 13, 2024 |
Stephen Tusa JP Morgan | Neutral | $38 | Maintains | May 24, 2024 |
Joe Ritchie Goldman Sachs | Sell | $34 | Initiates | Mar 26, 2024 |
Stephen Tusa JP Morgan | Neutral | $45 | Initiates | Dec 20, 2023 |
Maxim Sytchev National Bank Financial Inc | Outperform | $65 | Reinstates | Jun 13, 2023 |
When did it IPO
2023
Staff Count
7,500
Country
Canada
Sector/Industry
Industrials/Specialty Industrial Machinery
CEO
Mr. Andrew P. Hider
Market Cap
$2.92B
In 2023, ATS generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that ATS's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - ATS Corporation will hold its Q2 2025 Earnings Conference Call on November 6, 2024, at 8:30 AM ET. Key executives and analysts will participate in the call.
Why It Matters - The earnings conference call provides insights into ATS Corporation's financial performance and future outlook, influencing stock valuation and investor sentiment.
Summary - ATS Corporation reported Q2 revenues of $612.8 million, down 16.7% year-over-year, with a net loss of $0.9 million, compared to a net income of $50.7 million last year.
Why It Matters - ATS Corporation's significant revenue drop and net loss indicate deteriorating financial health, which could lead to decreased investor confidence and impact stock performance.
Summary - ATS reported Q3 earnings of $0.18 per share, missing the Zacks estimate of $0.25. This is a decline from $0.46 per share in the same quarter last year.
Why It Matters - ATS's earnings miss signals potential underlying issues, which could lead to decreased investor confidence and a potential decline in stock price.
Summary - ATS Corporation's CEO and CFO will participate in the UBS Global Industrials and Transportation Conference on December 4, 2024, with a fireside chat at 8:00 a.m. ET. A webcast will be available.
Why It Matters - CEO and CFO participation in a major industry conference signals ATS's strategic focus and transparency, potentially affecting investor confidence and stock performance.
Summary - ATS Corporation will release its Q2 financial results on November 6, 2024, before market open, followed by a conference call at 8:30 a.m. ET. Access the webcast at their event link.
Why It Matters - ATS Corporation's upcoming financial results and conference call will provide insights into its performance, influencing investor sentiment and stock valuation.
Summary - ATS is not expected to meet key criteria for a likely earnings beat in its upcoming report, indicating potential challenges for investors to consider.
Why It Matters - ATS's potential earnings miss could signal weaker performance, affecting stock prices and investor sentiment. Adjusted expectations may lead to volatility and impact investment decisions.