
TSE:ATS
This summary was created by AI, based on 4 opinions in the last 12 months.
ATS Automation Tooling Systems (ATS-T) shows a mixed yet optimistic outlook from various analysts, with reviews highlighting the company’s strong position within the automation sector. Although the latest quarter experienced increased revenues, bookings have softened slightly, leading to missed earnings due to a different mix and timing rather than a drop in demand. Analysts continue to recognize the company's focus on higher-quality business, sacrificing short-term growth for longer-term gains. There remains a strong pipeline of projects, and industry structural changes, such as reshoring and labor scarcity, are positioning ATS well for future success. With price targets around $49 to $50, the prevailing sentiment indicates a promising upside potential from current levels, despite some recent volatility.
Feels the stock can go up over $20. Had major problems because of their solar divisions. Air France operation is now done with and they are dealing with their Ontario operation. Have a good backlog. The Ontario economy recovery is key because of what they have to do with the automotive/airplane sector, etc.
Chart shows a very long sideways contained movement between $5.40 and $8, followed by a gigantic upward move in early 2012. It is now again back into a mega long-term sideways cycle. Old resistance levels of around $7.70 is now the new support. As a trader, you should Buy at around the $7 - $7.70 mark and Sell around the top at around $9. There’s no sign of it breaking out to the upside, it is a Trader.
27 of 740 stocks in his database. Streamlining the company and working to get rid of solar side of business. Rather than making things that make things, they are trying to participate in the value add of the things they make. Looking at providing service rather than it being a one-time sale. He likes it. Backlogs are interesting. Good opportunity for the stock.