New Risk • May 28
New major risk - Revenue and earnings growth Earnings have declined by 15% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Earnings have declined by 15% per year over the past 5 years. Buy Or Sell Opportunity • May 28
Now 28% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.8% to US$30.43. The fair value is estimated to be US$42.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 2.6% in a year. Earnings are forecast to grow by 126% in the next year. 공시 • May 28
Ats Corporation Provides Revenue Guidance for the First Quarter and the Full Year for Fiscal Year 2027 ATS Corporation provided revenue guidance for the first quarter and the full year for fiscal year 2027. In the first quarter of fiscal 2027, management expects to generate revenues in the range of $700 million to $740 million.
For fiscal 2027, the Company expects modest revenue growth, reflecting continued demand across its diversified global end markets, while the ongoing reorganization of its transportation-related operations is expected to remove dilutive revenues of approximately $50 million. 공시 • May 15
ATS Corporation to Report Q4, 2026 Results on May 28, 2026 ATS Corporation announced that they will report Q4, 2026 results Pre-Market on May 28, 2026 Buy Or Sell Opportunity • Mar 31
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 2.4% to US$28.20. The fair value is estimated to be US$22.94, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 60%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 810% in the next 2 years. Buy Or Sell Opportunity • Mar 16
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 3.8% to US$28.85. The fair value is estimated to be US$23.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 60%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 810% in the next 2 years. Recent Insider Transactions • Mar 13
CEO & Director recently bought US$501k worth of stock On the 11th of March, Douglas Wright bought around 17k shares on-market at roughly US$29.63 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Douglas' only on-market trade for the last 12 months. Reported Earnings • Feb 05
Third quarter 2026 earnings: EPS and revenues exceed analyst expectations Third quarter 2026 results: EPS: CA$0.31 (up from CA$0.065 in 3Q 2025). Revenue: CA$760.7m (up 17% from 3Q 2025). Net income: CA$29.9m (up 367% from 3Q 2025). Profit margin: 3.9% (up from 1.0% in 3Q 2025). Revenue exceeded analyst estimates by 5.3%. Earnings per share (EPS) also surpassed analyst estimates by 24%. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Feb 05
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 7.5% to US$30.25. The fair value is estimated to be US$24.60, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 60%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 824% in the next 2 years. 공시 • Feb 04
ATS Corporation Provides Revenue Guidance for the Fourth Quarter of Fiscal 2026 ATS Corporation provided revenue guidance for the fourth quarter of fiscal 2026. In the fourth quarter of fiscal 2026, management expects to generate revenues in the range of $710 million to $750 million. This estimate is calculated each quarter based on management's assessment of project schedules across all customer contracts in Order Backlog, expectations for faster-turn product and services revenues, expected delivery timing of third-party equipment and operational capacity. 공시 • Jan 23
ATS Corporation to Report Q3, 2026 Results on Feb 04, 2026 ATS Corporation announced that they will report Q3, 2026 results Pre-Market on Feb 04, 2026 공시 • Jan 19
Ats Corporation Announces CFO Changes ATS Corporation announced that Ryan McLeod has resigned from his role of Chief Financial Officer to pursue an opportunity in an unrelated industry. The effective date for Mr. McLeod’s departure will be February 15, 2026. Anne Cybulski, VP, Corporate Controller, will assume the role of interim CFO upon Mr. McLeod’s departure, while a search for a permanent replacement is conducted. Ms. Cybulski has served in progressive finance positions since joining ATS in 2009 and has served in her current role since 2022. Additionally, she recently served as interim CFO prior to Doug Wright’s appointment as Chief Executive Officer. Reported Earnings • Nov 06
Second quarter 2026 earnings: EPS exceeds analyst expectations Second quarter 2026 results: EPS: CA$0.34 (up from CA$0.009 loss in 2Q 2025). Revenue: CA$728.5m (up 19% from 2Q 2025). Net income: CA$33.7m (up CA$34.6m from 2Q 2025). Profit margin: 4.6% (up from net loss in 2Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.2%. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. 공시 • Nov 06
ATS Corporation Provides Earnings Guidance for the Third Quarter of Fiscal 2026 ATS Corporation provided earnings guidance for the third quarter of fiscal 2026. In the third quarter of fiscal 2026, the company expected to generate revenues in the range of $700 million to $740 million. 공시 • Oct 28
ATS Corporation to Report Q2, 2026 Results on Nov 05, 2025 ATS Corporation announced that they will report Q2, 2026 results Pre-Market on Nov 05, 2025 Reported Earnings • Aug 08
First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2026 results: EPS: CA$0.25 (down from CA$0.36 in 1Q 2025). Revenue: CA$736.7m (up 6.1% from 1Q 2025). Net income: CA$24.1m (down 32% from 1Q 2025). Profit margin: 3.3% (down from 5.1% in 1Q 2025). Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) missed analyst estimates by 9.3%. Revenue is forecast to grow 10.0% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. 공시 • Aug 08
ATS Corporation Announces Board Appointments ATS Corporation announced the election of Avik Dey and Daniel A Pryor as Directors, at the AGM held on August 7, 2025. 공시 • Aug 07
ATS Corporation Provides Revenue Guidance for the Second Quarter of Fiscal 2026 ATS Corporation provided revenue guidance for the second quarter of fiscal 2026. For the quarter, the company expected to generate revenues in the range Of $700 million to $740 million. 공시 • Jul 24
ATS Corporation to Report Q1, 2026 Results on Aug 07, 2025 ATS Corporation announced that they will report Q1, 2026 results Pre-Market on Aug 07, 2025 Recent Insider Transactions • Jul 11
CEO & Director recently bought US$1.2m worth of stock On the 7th of July, Andrew Hider bought around 38k shares on-market at roughly US$30.70 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Andrew has been a buyer over the last 12 months, purchasing a net total of US$1.3m worth in shares. Reported Earnings • May 29
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: CA$0.29 loss per share (down from CA$1.98 profit in FY 2024). Revenue: CA$2.53b (down 17% from FY 2024). Net loss: CA$28.0m (down 115% from profit in FY 2024). Revenue missed analyst estimates by 4.3%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. 공시 • May 29
ATS Corporation Provides Revenue Guidance for the First Quarter of Fiscal 2026 ATS Corporation provided revenue guidance for the first quarter of fiscal 2026. In the first quarter of fiscal 2026, management expects to generate revenues in the range of $680 million to $730 million. 공시 • May 28
ATS Corporation Provides Earnings Guidance for the Fourth Quarter Ended March 31, 2025 ATS Corporation provided earnings guidance for the fourth quarter ended March 31, 2025. For the quarter, the company expects revenues of $721 million, Loss from operations of $113.6 million, Net loss of $68.9 million. Basic loss per share of $0.70. 공시 • May 24
ATS Corporation to Report Q4, 2025 Results on May 28, 2025 ATS Corporation announced that they will report Q4, 2025 results After-Market on May 28, 2025 공시 • May 23
ATS Corporation, Annual General Meeting, Aug 07, 2025 ATS Corporation, Annual General Meeting, Aug 07, 2025. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$21.07, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Machinery industry in the US. Total loss to shareholders of 34% over the past three years. Price Target Changed • Mar 20
Price target decreased by 15% to US$34.00 Down from US$40.00, the current price target is an average from 7 analysts. New target price is 22% above last closing price of US$27.92. Stock is down 25% over the past year. The company is forecast to post earnings per share of CA$0.65 for next year compared to CA$1.98 last year. 공시 • Feb 07
ATS Corporation Provides Earnings Guidance for the Fourth Quarter of 2025 ATS Corporation provided earnings guidance for the fourth quarter of 2025. for the quarter, the company expects to generate revenues in the range of $650 million to $710 million. New Risk • Feb 05
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.2% Last year net profit margin: 5.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.8x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.2% net profit margin). 공시 • Jan 24
ATS Corporation to Report Q3, 2025 Results on Feb 05, 2025 ATS Corporation announced that they will report Q3, 2025 results Pre-Market on Feb 05, 2025 Reported Earnings • Nov 07
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: CA$0.009 loss per share (down from CA$0.51 profit in 2Q 2024). Revenue: CA$612.8m (down 17% from 2Q 2024). Net loss: CA$887.0k (down 102% from profit in 2Q 2024). Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. 공시 • Oct 30
ATS Corporation to Report Q2, 2025 Results on Nov 06, 2024 ATS Corporation announced that they will report Q2, 2025 results Pre-Market on Nov 06, 2024 공시 • Sep 04
ATS Corporation (TSX:ATS) completed the acquisition of All Material Assets of Heidolph Instruments GmbH & Co. KG and Hans Heidolph GmbH. ATS Corporation (TSX:ATS) entered into a definitive agreement to acquire Heidolph Instruments GmbH & Co. KG and Hans Heidolph GmbH, All Material Assets from Hans Heidolph Gmbh and Heidolph Instruments GmbH & Co. KG on August 7, 2024. The purchase price represented a valuation multiple accretive to ATS’ current trading multiple, however specific financial terms of the transaction were not disclosed. ATS plans to fund the acquisition with cash and by drawing on its revolving credit facility. The transaction is expected to close in the third calendar quarter of 2024.
ATS Corporation (TSX:ATS) completed the acquisition of All Material Assets of Heidolph Instruments GmbH & Co. KG and Hans Heidolph GmbH on September 3, 2024. Price Target Changed • Aug 13
Price target decreased by 9.7% to US$32.50 Down from US$36.00, the current price target is an average from 7 analysts. New target price is 21% above last closing price of US$26.82. Stock is down 35% over the past year. The company is forecast to post earnings per share of CA$1.34 for next year compared to CA$1.98 last year. Reported Earnings • Aug 09
First quarter 2025 earnings: EPS misses analyst expectations First quarter 2025 results: EPS: CA$0.36 (down from CA$0.50 in 1Q 2024). Revenue: CA$694.3m (down 7.9% from 1Q 2024). Net income: CA$35.3m (down 26% from 1Q 2024). Profit margin: 5.1% (down from 6.3% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.7%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. 공시 • Jul 25
ATS Corporation (TSX:ATS) completed the acquisition of Paxiom Automation Inc. ATS Corporation (TSX:ATS) entered into a definitive agreement to acquire Paxiom Automation Inc. on May 15, 2024.The purchase price represented an EV/EBITDA1 multiple accretive to ATS’ current trading multiple. Paxiom will join ATS’ Products and Food Technology business. In its calendar year ended December 31, 2023, Paxiom generated revenues of approximately CAD 67 million and an adjusted EBITDA margin1 above 19%. The transaction is expected to close in the third calendar quarter of 2024, subject to customary closing conditions. ATS plans to fund the acquisition with cash and by drawing on its revolving credit facility.
ATS Corporation (TSX:ATS) completed the acquisition of Paxiom Automation Inc. on May 15, 2024. 공시 • Jul 22
ATS Corporation to Report Q1, 2025 Results on Aug 08, 2024 ATS Corporation announced that they will report Q1, 2025 results Pre-Market on Aug 08, 2024 공시 • May 22
ATS Corporation, Annual General Meeting, Aug 09, 2024 ATS Corporation, Annual General Meeting, Aug 09, 2024. Reported Earnings • May 17
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: CA$1.98 (up from CA$1.39 in FY 2023). Revenue: CA$3.03b (up 18% from FY 2023). Net income: CA$193.7m (up 52% from FY 2023). Profit margin: 6.4% (up from 4.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 4.5%. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. 공시 • May 17
ATS Corporation (TSX:ATS) entered into a definitive agreement to acquire Paxiom Automation Inc. ATS Corporation (TSX:ATS) entered into a definitive agreement to acquire Paxiom Automation Inc. on May 15, 2024.The purchase price represented an EV/EBITDA1 multiple accretive to ATS’ current trading multiple. Paxiom will join ATS’ Products and Food Technology business. In its calendar year ended December 31, 2023, Paxiom generated revenues of $67 million and an adjusted EBITDA margin1 above 19%. The transaction is expected to close in the third calendar quarter of 2024, subject to customary closing conditions. ATS plans to fund the acquisition with cash and by drawing on its revolving credit facility. Buy Or Sell Opportunity • May 16
Now 22% overvalued Over the last 90 days, the stock has fallen 12% to US$34.59. The fair value is estimated to be US$28.34, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 28%. Revenue is forecast to grow by 3.6% in 2 years. Earnings are forecast to grow by 32% in the next 2 years. 공시 • May 03
ATS Corporation to Report Q4, 2024 Results on May 16, 2024 ATS Corporation announced that they will report Q4, 2024 results Pre-Market on May 16, 2024 Price Target Changed • Apr 03
Price target decreased by 12% to US$43.37 Down from US$49.05, the current price target is an average from 7 analysts. New target price is 29% above last closing price of US$33.55. Stock is down 19% over the past year. The company is forecast to post earnings per share of CA$1.87 for next year compared to CA$1.39 last year. Reported Earnings • Feb 08
Third quarter 2024 earnings released: EPS: CA$0.48 (vs CA$0.32 in 3Q 2023) Third quarter 2024 results: EPS: CA$0.48 (up from CA$0.32 in 3Q 2023). Revenue: CA$752.1m (up 16% from 3Q 2023). Net income: CA$47.0m (up 61% from 3Q 2023). Profit margin: 6.3% (up from 4.5% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. 공시 • Jan 24
ATS Corporation to Report Q3, 2024 Results on Feb 07, 2024 ATS Corporation announced that they will report Q3, 2024 results Pre-Market on Feb 07, 2024 공시 • Nov 18
ATS Corporation (TSX:ATS) completed the acquisition of Avidity Science, LLC. ATS Corporation (TSX:ATS) entered into a definitive agreement to acquire Avidity Science, LLC for $195 million on September 22, 2023. ATS plans to fund the acquisition with cash and by drawing on its revolving credit facility. The transaction is subject to customary post-closing adjustments, pending completion of customary regulatory filings and is expected to close in the fourth calendar quarter of 2023. Fasken Martineau DuMoulin LLP acted as legal advisor to ATS Corporation. Robert W. Baird & Co. Incorporated acted ad financial advisor to Avidity Science, LLC.
ATS Corporation (TSX:ATS) completed the acquisition of Avidity Science, LLC on November 17, 2023. Reported Earnings • Nov 10
Second quarter 2024 earnings released: EPS: CA$0.51 (vs CA$0.32 in 2Q 2023) Second quarter 2024 results: EPS: CA$0.51 (up from CA$0.32 in 2Q 2023). Revenue: CA$735.7m (up 25% from 2Q 2023). Net income: CA$50.7m (up 72% from 2Q 2023). Profit margin: 6.9% (up from 5.0% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 37% per year. 공시 • Oct 27
ATS Corporation to Report Q2, 2024 Results on Nov 08, 2023 ATS Corporation announced that they will report Q2, 2024 results Pre-Market on Nov 08, 2023 공시 • Sep 23
ATS Corporation (TSX:ATS) entered into a definitive agreement to acquire Avidity Science, LLC for $195 million. ATS Corporation (TSX:ATS) entered into a definitive agreement to acquire Avidity Science, LLC for $195 million on September 22, 2023. ATS plans to fund the acquisition with cash and by drawing on its revolving credit facility. The transaction is subject to customary post-closing adjustments, pending completion of customary regulatory filings and is expected to close in the fourth calendar quarter of 2023. Board Change • Sep 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 2 highly experienced directors. Independent Director Sharon Pel was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 공시 • Aug 12
ATS Corporation Elects Sharon C. Pel as Director ATS Corporation at its Annual and Special Meeting of Shareholders held on August 10, 2023, elected Sharon C. Pel as director. Reported Earnings • Aug 10
First quarter 2024 earnings released: EPS: CA$0.50 (vs CA$0.43 in 1Q 2023) First quarter 2024 results: EPS: CA$0.50 (up from CA$0.43 in 1Q 2023). Revenue: CA$753.6m (up 23% from 1Q 2023). Net income: CA$47.6m (up 21% from 1Q 2023). Profit margin: 6.3% (down from 6.4% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has increased by 37% per year whereas the company’s share price has increased by 42% per year. 공시 • Jul 26
ATS Corporation to Report Q1, 2024 Results on Aug 09, 2023 ATS Corporation announced that they will report Q1, 2024 results Pre-Market on Aug 09, 2023 공시 • Jul 06
ATS Corporation (TSX:ATS) acquired Yazzoom BV. ATS Corporation (TSX:ATS) acquired Yazzoom BV on July 5, 2023. ATS Corporation (TSX:ATS) completed the acquisition of Yazzoom BV on July 5, 2023. 공시 • May 26
ATS Corporation has completed a Follow-on Equity Offering in the amount of $246 million. ATS Corporation has completed a Follow-on Equity Offering in the amount of $246 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 6,000,000
Price\Range: $41
Discount Per Security: $1.5375
Transaction Features: New Market Listing Board Change • May 26
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Director Dave Cummings was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 공시 • May 19
ATS Corporation, Annual General Meeting, Aug 10, 2023 ATS Corporation, Annual General Meeting, Aug 10, 2023. Agenda: Annual General and Special Meeting. 공시 • Jan 24
ATS Corporation to Report Q3, 2023 Results on Feb 09, 2023 ATS Corporation announced that they will report Q3, 2023 results Pre-Market on Feb 09, 2023