Raymond James Analysts Lower Earnings Estimates for ATS

ATS Co. (TSE:ATS) – Equities research analysts at Raymond James decreased their Q1 2026 earnings per share (EPS) estimates for shares of ATS in a note issued to investors on Monday, October 28th. Raymond James analyst M. Glen now anticipates that the company will post earnings per share of $0.65 for the quarter, down from their previous forecast of $0.66. Raymond James has a “Outperform” rating and a $52.00 price target on the stock. The consensus estimate for ATS’s current full-year earnings is $2.10 per share.

Several other research firms have also recently weighed in on ATS. Cormark decreased their price objective on shares of ATS from C$59.00 to C$56.00 in a research report on Friday, August 9th. Stifel Nicolaus decreased their price target on ATS from C$60.00 to C$58.00 and set a “buy” rating for the company in a report on Tuesday, September 24th. Finally, Royal Bank of Canada lowered their price objective on ATS from C$55.00 to C$54.00 in a research report on Monday, October 7th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of C$57.43.

ATS Stock Performance

TSE:ATS opened at C$42.78 on Thursday. The company has a market capitalization of C$4.16 billion, a PE ratio of 23.38 and a beta of 1.36. ATS has a fifty-two week low of C$33.47 and a fifty-two week high of C$60.01. The company has a 50 day simple moving average of C$38.92 and a two-hundred day simple moving average of C$41.60.

ATS (TSE:ATS) last issued its quarterly earnings data 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). The company had revenue of C$694.30 million for the quarter, compared to the consensus estimate of C$689.19 million. ATS had a return on equity of 11.30% and a net margin of 6.10%.

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.