ATS Co. (TSE:ATS) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of ATS Co. (TSE:ATS) have been given a consensus recommendation of “Moderate Buy” by the six research firms that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is C$54.29.

A number of analysts have recently issued reports on ATS shares. Royal Bank of Canada dropped their price target on shares of ATS from C$52.00 to C$48.00 in a report on Thursday, November 7th. TD Securities dropped their price objective on shares of ATS from C$63.00 to C$57.00 and set a “buy” rating on the stock in a report on Friday, November 8th. Stifel Nicolaus dropped their price objective on shares of ATS from C$58.00 to C$52.00 in a report on Thursday, November 7th. Finally, Raymond James dropped their price objective on shares of ATS from C$52.00 to C$48.00 in a report on Thursday, November 7th.

ATS Stock Down 0.4 %

Shares of TSE ATS opened at C$39.76 on Thursday. The firm’s 50-day moving average price is C$42.57 and its 200-day moving average price is C$40.81. The company has a market cap of C$3.86 billion, a PE ratio of 21.73 and a beta of 1.36. ATS has a 52-week low of C$33.47 and a 52-week high of C$60.01.

ATS (TSE:ATS) last announced its quarterly earnings results on Wednesday, November 6th. The company reported C$0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.34 by C($0.09). ATS had a net margin of 6.10% and a return on equity of 11.30%. During the same quarter in the previous year, the company posted $0.63 EPS.

ATS Company Profile

ATS Corp formerly, ATS Automation Tooling Systems Inc is a Canada-based company that provides automation systems. The company designs and builds customized automated manufacturing and testing systems for customers, and provides pre- and post-automation services. The company’s products comprise conveyor systems, automated electrified monorails, tray handlers, laser systems, and other hardware and software products.