Key Points
- Insider purchases: Director Doug Wright bought 8,300 shares on March 11 at C$41.44 (C$343,952) after buying 8,600 shares on March 9 at C$40.20, bringing his direct holdings to 16,900 shares valued at C$700,336 — a 96.51% increase.
- Analyst sentiment: Five analysts rate ATS as a "Buy" with an average target price of C$49.60, and several firms recently raised targets (e.g., National Bank Financial to C$57, TD and Scotiabank to C$48).
- Stock context: ATS traded at C$38.14 mid-day (below the insider purchase price), has a market cap of C$3.70 billion, a high P/E of 200.74, and a 12-month range of C$29.81–C$45.12.
ATS Co. (TSE:ATS - Get Free Report) insider Doug Wright bought 8,300 shares of the business's stock in a transaction on Wednesday, March 11th. The stock was purchased at an average price of C$41.44 per share, with a total value of C$343,952.00. Following the completion of the transaction, the insider directly owned 16,900 shares of the company's stock, valued at C$700,336. This trade represents a 96.51% increase in their ownership of the stock.
Doug Wright also recently made the following trade(s):
- On Monday, March 9th, Doug Wright purchased 8,600 shares of ATS stock. The shares were purchased at an average cost of C$40.20 per share, with a total value of C$345,720.00.
ATS Stock Performance
Shares of ATS stock traded down C$0.54 during mid-day trading on Friday, hitting C$38.14. 88,280 shares of the stock traded hands, compared to its average volume of 200,743. ATS Co. has a twelve month low of C$29.81 and a twelve month high of C$45.12. The company's 50-day simple moving average is C$41.40 and its 200-day simple moving average is C$38.77. The firm has a market cap of C$3.70 billion, a price-to-earnings ratio of 200.74 and a beta of 0.87.
ATS (TSE:ATS - Get Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The company reported C$0.48 earnings per share for the quarter. The business had revenue of C$760.65 million during the quarter. ATS had a return on equity of 1.09% and a net margin of 0.67%.
Analyst Ratings Changes
Several equities analysts have recently weighed in on ATS shares. National Bank Financial raised their price objective on shares of ATS from C$54.00 to C$57.00 and gave the company an "outperform" rating in a research report on Monday, December 15th. TD Securities increased their target price on shares of ATS from C$46.00 to C$48.00 and gave the company a "buy" rating in a research note on Monday, January 26th. Finally, Scotiabank raised their target price on shares of ATS from C$47.00 to C$48.00 and gave the stock an "outperform" rating in a report on Thursday, February 5th. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of C$49.60.
View Our Latest Report on ATS
ATS Company Profile
(
Get Free Report)
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. The company also provides pre-automation solutions, including strategic direction and planning services, as well as aftermarket support.
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