Raymond James Issues Pessimistic Forecast for ATS (TSE:ATS) Stock Price

ATS (TSE:ATS) had its price target cut by research analysts at Raymond James from C$58.00 to C$52.00 in a report released on Tuesday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. Raymond James’ target price indicates a potential upside of 21.55% from the company’s current price. Raymond James also issued estimates for ATS’s Q2 2025 earnings at $0.31 EPS, Q3 2025 earnings at $0.43 EPS, FY2025 earnings at $1.84 EPS, Q2 2026 earnings at $0.64 EPS and FY2026 earnings at $2.62 EPS.

ATS has been the topic of several other reports. Stifel Nicolaus decreased their price target on ATS from C$60.00 to C$58.00 and set a “buy” rating on the stock in a research report on Tuesday, September 24th. Cormark cut their price target on shares of ATS from C$59.00 to C$56.00 in a report on Friday, August 9th. Finally, Royal Bank of Canada decreased their price target on shares of ATS from C$55.00 to C$54.00 in a report on Monday, October 7th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, ATS has an average rating of “Moderate Buy” and a consensus target price of C$57.43.

ATS Stock Up 3.1 %

Shares of TSE:ATS opened at C$42.78 on Tuesday. The company has a 50-day moving average price of C$38.92 and a two-hundred day moving average price of C$41.60. The firm has a market capitalization of C$4.16 billion, a PE ratio of 23.38 and a beta of 1.36. ATS has a twelve month low of C$33.47 and a twelve month high of C$60.01.

ATS (TSE:ATS) last issued its earnings results on Thursday, August 8th. The company reported C$0.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.53 by C($0.03). ATS had a net margin of 6.10% and a return on equity of 11.30%. The business had revenue of C$694.30 million for the quarter, compared to the consensus estimate of C$689.19 million. Analysts anticipate that ATS will post 2.0959036 earnings per share for the current fiscal year.

About ATS

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.