ATS (NYSE:ATS) Reaches New 52-Week Low After Earnings Miss

ATS Corporation (NYSE:ATS) reached a new 52-week low during mid-day trading on Thursday following a dissappointing earnings announcement. The stock traded as low as $19.14 and last traded at $21.4910, with a volume of 74905 shares. The stock had previously closed at $27.95.

The company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by ($0.03). The firm had revenue of $488.38 million for the quarter, compared to analyst estimates of $509.71 million. ATS had a net margin of 1.60% and a return on equity of 9.00%. The company’s quarterly revenue was down 5.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.41 EPS.

More ATS News

Here are the key news stories impacting ATS this week:

• Positive Sentiment: ATS announced a Fixed Cost Transformation Program following a portfolio review. The initiative is intended to improve the company’s cost structure and could support margins and cash flow over time, although implementation costs may arise first. ATS Reports First Quarter Fiscal 2027 Results and Announces a Fixed Cost Transformation Program
• Neutral Sentiment: Shareholders approved the board, auditor and executive compensation policy at ATS’s August 6 annual meeting. The results provide governance continuity but do not materially change the company’s operating outlook. ATS Corporation Shareholders Back Board, Auditor and Pay Policy at 2026 AGM
• Negative Sentiment: Fiscal 2027 first-quarter adjusted earnings were $0.25 per share, below the $0.28 consensus estimate and down from $0.41 a year earlier. Revenue fell 5.8% year over year to $488.4 million, missing analysts’ approximately $509.7 million forecast, while margins and profitability also declined. ATS Q1 Earnings and Revenues Lag Estimates
• Negative Sentiment: ATS’s second-quarter fiscal 2027 revenue guidance of $476.8 million to $505.7 million was below the roughly $509.8 million analyst consensus. The outlook reinforces concerns about near-term demand and makes the planned cost reductions more important to the investment case. ATS Corporation 2027 Q1 Results Presentation

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ATS. Weiss Ratings cut shares of ATS from a “sell (d+)” rating to a “sell (d)” rating in a report on Thursday. Wall Street Zen lowered shares of ATS from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Scotiabank reaffirmed an “outperform” rating on shares of ATS in a research report on Tuesday, April 28th. Royal Bank Of Canada dropped their price objective on shares of ATS from $51.00 to $50.00 and set an “outperform” rating on the stock in a research note on Friday, May 29th. Finally, Desjardins began coverage on shares of ATS in a report on Tuesday, June 16th. They issued a “buy” rating on the stock. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $42.50.

Hedge Funds Weigh In On ATS

Hedge funds and other institutional investors have recently made changes to their positions in the business. K.J. Harrison & Partners Inc bought a new position in ATS in the 2nd quarter worth approximately $2,877,000. Deutsche Bank AG bought a new stake in ATS during the 2nd quarter valued at $311,000. Alberta Investment Management Corp acquired a new position in ATS during the 2nd quarter worth $33,904,000. State of Wyoming acquired a new position in ATS during the 2nd quarter worth $33,000. Finally, Janus Henderson Group PLC grew its stake in shares of ATS by 166.5% in the first quarter. Janus Henderson Group PLC now owns 2,297,214 shares of the company’s stock worth $64,544,000 after purchasing an additional 1,435,375 shares in the last quarter. 75.84% of the stock is currently owned by institutional investors and hedge funds.

ATS Stock Performance

The company has a market cap of $2.08 billion, a P/E ratio of 62.27 and a beta of 1.22. The company has a quick ratio of 1.36, a current ratio of 1.64 and a debt-to-equity ratio of 0.78. The company has a 50 day moving average price of $27.35 and a 200-day moving average price of $29.80.

ATS Company Profile

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.