ATS Co. (NYSE:ATS – Get Free Report) saw a significant growth in short interest in September. As of September 15th, there was short interest totalling 2,460,000 shares, a growth of 6.5% from the August 31st total of 2,310,000 shares. Currently, 2.5% of the company’s shares are sold short. Based on an average daily trading volume, of 104,300 shares, the days-to-cover ratio is currently 23.6 days.
Analysts Set New Price Targets
ATS has been the subject of several recent analyst reports. JPMorgan Chase & Co. decreased their target price on shares of ATS from $36.00 to $31.00 and set a “neutral” rating for the company in a report on Tuesday, August 13th. The Goldman Sachs Group decreased their price objective on shares of ATS from $34.00 to $30.00 and set a “sell” rating for the company in a research note on Tuesday, August 13th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, ATS currently has an average rating of “Hold” and a consensus target price of $42.00.
Check Out Our Latest Report on ATS
Institutional Trading of ATS
ATS Trading Up 0.1 %
NYSE:ATS opened at $29.08 on Wednesday. The stock’s 50-day moving average is $27.76 and its two-hundred day moving average is $30.99. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.79 and a quick ratio of 1.51. The stock has a market cap of $2.85 billion, a PE ratio of 19.88 and a beta of 1.17. ATS has a fifty-two week low of $24.82 and a fifty-two week high of $44.70.
ATS (NYSE:ATS – Get Free Report) last released its quarterly earnings data on Thursday, August 8th. The company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.01). The company had revenue of $507.43 million during the quarter, compared to analyst estimates of $502.41 million. ATS had a net margin of 6.11% and a return on equity of 14.63%. As a group, equities research analysts forecast that ATS will post 1.44 earnings per share for the current fiscal year.
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.
Further Reading
- Five stocks we like better than ATS
- Industrial Products Stocks Investing
- Why Lennar Stock Could Be the Best Play in the Housing Market
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- 2 Energy Stocks Fueling the AI Datacenter Boom
- Earnings Per Share Calculator: How to Calculate EPS
- Will Marinus Pharmaceuticals Be the Next Big Winner in Biotech?
Receive News & Ratings for ATS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ATS and related companies with MarketBeat.com's FREE daily email newsletter.